Taxes Top Concern for Investors
Nationwide’s Advisor Authority study reveals investors’ tax worries have nearly doubled since 2020
Gen Z, Millennials Using Social Media for Financial Advice
Younger generations are inhibited by lack of guidance when it comes to retirement planning, says NAPFA
Workers Put More Into Retirement Savings Than Previous Year
New study from Empower Retirement says the “catalyzing” effect of the COVID-19 pandemic changed the way Americans manage their money
First Ever Fossil-Free Index Fund Launches in U.S.
Sphere and Reflection Asset Management introduce mutual fund that excludes fossil fuels from 401k plans
Self-Directed 401k Investors Stay Steady, See Balances Increase
Charles Schwab report shows self-directed brokerage account balances were up nearly 13% in the third quarter compared to the same period last year
Global ETF Assets Top $10 Trillion
North America accounts for 65% of total AUM for all ETFs
John Hancock Launches New Fiduciary Product
“Signature Fiduciary Connect” to offer plan sponsors additional administrative support for workplace 401k plans
Retirement Savings Mostly Flat, But Some Bright Spots: Fidelity
The investment company’s newly released retirement analysis shows IRA balances made slight gains since last quarter, while 401k and 403b balances dipped
Vestwell Sets Sights on BNY Mellon’s 529, State Savings Division
The cloud-based recordkeeper is aiming to increase savings participation with acquisition and expand its workplace platform offerings
Goldman Sachs, Ascensus Launch SMB Retirement Plan Solution
Combined technology platform will allow easier access to asset management, retirement expertise, and financial guidance