- Codifying Retirement Readiness
Prudential Retirement calls on the workplace to support savings at every life stage
Congress is making it easier for more workers to save for retirement and create lifetime income. As America Saves Week kicks off on Feb. 24, Prudential Financial, Inc. (NYSE: PRU) is supporting our government’s call for retirement readiness by amplifying the role of the workplace in financial wellness.
read more - Key Provisions of SECURE Act Projected to Reduce Retirement Deficit by More Than $100 Billion
Good news for workers currently aged 35-39
A new EBRI study finds that key provisions of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) could reduce the U.S. retirement deficit by 3 percent or $115 billion for households between ages 35 and 64.
read more - Fintech Personal Finance Market to Top 2.7trn by 2023
How technology is changing our relationship with money
The last decade has seen a surge in the number of fintech startups, using technology to make it easier for people to make payments, invest, or get loans. These innovative platforms have not only eaten away at the monopoly power of banks and other established financial players, but also allowed customers to take greater control…
read more - Americans Want To Save Their Hard-Earned Money But Are Not Fully Confident They Can Succeed
Nearly a third of Americans think it's more likely for them to achieve their "dream body" in 2020 than to achieve their annual savings goal
Half of Americans think that creating a basic saving plan is an important goal they would like to accomplish this year, but 28 percent feel it will be impossible to achieve, according to new research from PurePoint® Financial, a digital bank and division of MUFG Union Bank, N.A.
read more - Unlocking The Emerging Millennial and Gen X Market
What they really need... and how you can attract, retain and drive 'client satisfaction' for these new investors
A new Special Report from the fifth annual Advisor Authority study commissioned by Nationwide Advisory Solutions, takes an in-depth look at the emerging market of Millennial (ages 18 – 38) and Generation X (ages 39 – 54) investors with investable assets of $100,000 or more—exploring the unique characteristics that differentiate them from each other and…
read more - L’eggo My Ego!
How some very common 'ego needs' can squelch a leaders influence... and effectiveness
When your ego is in charge, you're not leading or influencing from a place of pure power. That's why Karen McGregor says it's vital for every leader to recognize the ego's ten biggest needs and be on the lookout for them at work and in our personal lives.
read more - Majority of Latin American Consumers Worry About Financial Security in Retirement Yet Only 20% Have Done Any Planning
New study by Secure Retirement Institute and Society of Actuaries examines Latin American consumer attitudes and behavior about retirement security.
A new study conducted by Secure Retirement Institute® (SRITM) and the Society of Actuaries (SOA) finds 64% of Latin American adults expect to have significant gaps in their retirement funds when they turn 60, and 52% don’t believe the income from their government-funded pension (Social Security) and their employer-sponsored pension will cover basic living expenses.
read more - While Confident They’ll Manage Financially, Four in 10 Americans Don’t Have a Financial Plan if Separated or Widowed Later in Life
Managing the pitfalls and challenges of going it alone
With the average life expectancy reaching nearly 79 years old,1 Americans are living longer than previous generations. But with that extra time, are they planning accordingly for it, especially when it comes to the loss of a partner?
read more - Weekly Gains for Big Benchmarks
Market pushes back on Coronavirus;
Powell: Economy is in a 'very good place'
Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence.
read more - The Ballooning Costs Of Long Term Care
14 million people need long-term care today; By 2030 that will be 24 million
An estimated 14 million people in the United States currently need long-term support services.[1] According to the Department of Health and Human Services (HHS), 7 in 10 seniors reaching 65 years old are now expected to need some type of long-term care (LTC) before the end of their life.
read more - How Leaders Can Help Employees Understand the Meaning of Their Work
There is no such thing as a job that does not count
Some jobs by their very nature seem more meaningful than others. But really, all jobs are potentially meaningful. All companies serve their customers, their stakeholders, and their workforce, and the employees are in a unique position to make a real difference.
read more - Debt, Saving & Taxes
Can employers play a role in the management of student loan repayment?
More Americans say employers have a role in paying off student loans than providing for retirement in a new consumer mindset report by Hearts & Wallets. The Attitudes & Sentiment: Consumer Beliefs to Guide Strategic Decisions and New Product Development report examines consumer goals, sentiments, concerns and attitudes toward saving and investing.
read more - Forty Six Million Credit Card Holders Expect to Miss A Payment
Cracks in the 'financial foundations' of many reveal mounting debt
Forty-six million Americans (almost 1 in 5 adults) think they will miss at least one credit card due date in 2020, according to a new WalletHub credit cards survey released today. This indicates that cracks in the foundation of consumers’ finances are beginning to show, under the strain of mounting debt.
read more
