A new survey finds that 6 in 10 U.S. adults who took on student loan debt for their education delayed a major financial decision because of this debt, but Congress may provide some relief with respect to saving for retirement.  The likelihood of delaying at least one financial decision is slightly... READ MORE

UPDATE 04/27/2022 at 9:30 a.m.: The cloture motion to expedite consideration of Lisa Gomez's nomination was withdrawn late April 26, further delaying consideration of her nomination.  It looks like the full Senate may finally vote on President Biden’s nominee to lead the DOL’s Employee Benefits... READ MORE

Digital technology is a critical tool for registered investment advisors to meet current client demands, recruit top talent and capture business from younger clients, a new study suggests. And it seems clear that technology will play a greater role in financial advisory practices in the years... READ MORE

Organizations predicting high growth, those with a thriving workforce and those with innovative cultures all apparently share a common thread, a new study suggests.   And that is a focus on becoming more human and, in turn, more “relatable,” according to Mercer’s 2022 Global Talent Trends Study,... READ MORE

As the rising cost of goods and services strains the wallets of many Americans, the growing concern of being able to save enough for retirement apparently is also on the rise.  Findings from Voya Financial’s consumer research survey reveal that two-thirds (66%) of Americans “agree or strongly... READ MORE

While 401(k) plans have been the gateway to investing for many black Americans over the last several decades, that finding does not appear to be as prominent, as risky investments grow in popularity, a new survey finds. In 2020, 63% of black investors reported first investing through a retirement... READ MORE

Many DC plan participants nearing retirement would benefit from working with a financial advisor, but a lack of investable assets is a barrier for less affluent participants.  In fact, nearly a third of retirement investors with less than $250,000 in household investable assets indicate they do... READ MORE

Informal guidance issued by the Securities and Exchange Commission cautions investment advisers about their use of the term “fiduciary” on Form CRS—but an industry group argues the guidance goes too far.  A March 30 update to the SEC’s “Frequently Asked Questions on Form CRS” addressing the... READ MORE

With significant wealth transfers forecast in the coming years, decisions that asset managers and financial advisors make now will impact their ability to retain and attract the assets that younger investors will inherit, a new report suggests.  According to the Cerulli Edge—U.S. Advisor Edition,... READ MORE