Sunday, June 29, 2025

Millennials Already Planning For Retirement

Mon, 19 April 2021  |  millennials retirement 

Coming of age in the wake of 9/11, the Market Crash of 2008 and the Great Recession has impacted Millennials' financial concerns, investing habits, and future earnings potential. Add a global pandemic during their prime earning years, and it's no wonder Millennial investors' financial optimism declined 24 percentage points to 38% in 2020, from 62% in 2019. Yet, after weathering two "once-in-a-lifetime" financial crises, Millennials are clearly bucking the "slacker" perception, with 81% saying that they have a plan to protect themselves against outliving their savings, w... Read More

Large 401(k) Plans Seek to Retain Retiree Assets

Mon, 19 April 2021  |  retirement 

Initially a vehicle to help Americans save for retirement, 401 (k) plans could become an important source of income for retirees when they stop working, according to the 15^th Annual Defined Contribution Consulting Study conducted by PIMCO. Consultants who participated in the survey said approximately three-fourths of 401(K) sponsors prefer to keep participant assets in plan after they enter retirement, up from less than half in 2015. Allowing flexibility in income distribution, adding retirement education/tools and communicating the value of staying in plan, were among the mos... Read More

Workers Are More Willing To Relocate Than Ever

Mon, 19 April 2021  |  pandemic workplace 

Despite worldwide travel bans and ongoing concerns about health and safety risks due to COVID-19, nearly 3 in 5 workers (59 percent) say they are more willing to relocate for work now than they were prior to the pandemic. In fact, 80 percent of workers would relocate during the pandemic, including 31 percent who would relocate internationally, according to a new survey of 1,000 workers in nine global markets.

Post-pandemic, employee interest in corporate relocations will continue to grow, as workers are ready to pack their bags and explore a new world of opportunities. Eighty-fo... Read More

Growing ESG Use By Advisors Driven By Investor Demand

Mon, 19 April 2021  |  ESG investing 

A new survey of 400 financial advisor by Broadridge Financial Solutions, reveals that a majority of advisors across channels use ESG products, citing direct interest from investors. The study also shows how the advisor-wholesaler relationship is evolving post-pandemic. Sixty-one percent of advisors use ESG products, and usage is even higher among female advisors (71%) and advisors under 40 (67%). Of advisors who use ESG products, 81% plan to increase their usage over the next two years as investors actively seek out these products. Wirehouse advisors are the most likely of all channels t... Read More

COVID-19 Reshaping Media Landscape

Mon, 19 April 2021  |  demographics media 

Deloitte's annual "Digital Media Trends" survey, 15^th edition, found a world reshaped by pandemic-driven trends; and one where streaming video and subscription services have revolutionized the traditional U.S. media and entertainment industry. The online survey of 2,009 U.S. consumers, conducted in February 2021, also revealed there is growing competition for audiences among a crowded field of streaming video providers, but also with other forms of entertainment, including music, video gaming and social media services. In this world of limitless choice, consumers can e... Read More

ESG Investing Key Loyalty Driver For Younger Investors

Thu, 15 April 2021  |  investing 

With consumers in the Millennial¹ generation poised to inherit more than $68 trillion in wealth from their Boomer parents during the next decade, full-service wealth management firms have a vested interest in tailoring their services to the evolving needs of younger investors. According to the J.D. Power 2021 U.S. Full-Service Investor Satisfaction Study,^SM released today, the past year has exposed a stark divergence in the investment behavior of younger investors compared with their older counterparts.

“Investors under age 40 are changing much more qui... Read More