Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news.
More U.S. Working Adults Allocated Cash to Retirement Savings in 2022: Schroders
A new survey by Schroders finds 29% of working adults ages 45 and up allocated cash towards retirement investments, versus 33% of Millennials
HSBC Partners with Amazon Web Services on AI Equity Index
Ibexis Life & Annuity Insurance Company will act as provider of the HSBC AIGT index
Biden’s Labor Secretary Nominee Su Faces Republican Opposition in Senate
Nominee Julie Su defended her track record as deputy labor secretary while Republicans questioned her experience
SEC Publishes Final Guidance on Reg BI
The latest bulletin comes after Rep. Byron Donalds accused the SEC of considering to rewrite the Reg BI in a new letter
80% of Older Americans Cannot Afford a Financial Emergency
New findings from the National Council on Aging found Americans aged 60 and up cannot afford to pay for a financial emergency like long-term care
More than Half of Americans Refuse to Talk About Finances
Empower’s latest “Money Talks” study surveys American workers on open conversations surrounding money and financial wellness
7 in 10 Americans Suspect They Won’t Receive Social Security Benefits
Only 9% of respondents said they are hopeful the U.S. will solve the funding challenges facing Social Security without reducing benefits, finds PlanGap
Financial Confidence Remains Low Despite Smaller Recession Fears
While four in 10 say the U.S. is in a financial crisis, just 36% believe their finances could endure a recession, finds Nationwide
Plan Participants Want ESG Investments: Natixis
Close to three quarters of survey respondents said they would engage with their workplace retirement plan if their employer offered investments in companies with good ESG practices
Corporate Roundup: OneAmerica Joins Retirement Advisor Council, Industry Hires
TIAA, Lincoln, and Nuveen all announce new hires, while OneAmerica joins the Retirement Advisor Council, and Lord Abbett expands its partnership with PCS Retirement