With many expenses paused because of the pandemic, leading to increased savings, a new survey finds that many younger investors are more focused on their finances and the need for professional help.  According to the latest New York Life Wealth Watch survey, 29% of Millennials reported having... READ MORE

New research finds that in a year of widespread isolation due to the pandemic, remote and virtual meetings resulted in connecting with more plan participants because of greater flexibility and accessibility.  The research by Transamerica centered on how retirement plan sponsors and participants on... READ MORE

As investors become more fee-aware and financial advice continues to favor fee-based relationships, a new study finds that advisors are increasingly considering nontraditional fees to align their service offerings with client demand. Consequently, the wealth management industry’s shift to fee-... READ MORE

As registered investment advisor aggregator firms continue  to acquire smaller players in the DC space, their size and scale has brought greater influence in the DC market, according to a new report from Cerulli.  This is particularly true in the $25 million to $500 million market segment, the... READ MORE

A new study on DC plan participant activity found a sharp jump in the number of participants staying in their plans after they retire.  Findings from J.P. Morgan Asset Management’s Retirement by the Numbers research reveal that 42% of participants are leaving balances in their DC account in the... READ MORE

With anxiety running high about not having enough saved for retirement, a new survey finds that virtually all respondents want help saving for retirement while they are working.  AARP’s survey of 1,000 registered voters aged 25 or older reveals that 99.7% of respondents agree about the importance... READ MORE

When it comes to identifying the drivers of the savings and wealth gap of Hispanic Americans compared to white households, income is seen as a major factor, but a new study suggests there's more to the story.  In A Closer Look Into the Finances of Hispanic American Households, Morningstar set out... READ MORE

Legislation that would increase Social Security benefits through various reforms to the system, including a payroll tax increase, is set to be reintroduced in the House of Representatives.   Following the Oct. 12 announcement that the Social Security cost of living adjustment for 2022 will be 5.9... READ MORE

Amid ongoing investor unease, a new study suggests that advisors should pay increased attention to clients’ emotional biases through the lens of behavioral finance to help them engage in prudent investment decisions.   According to findings from Cerulli’s U.S. Retail Investor Advice Relationships... READ MORE