More than three-quarters of American voters (78%), Republicans and Democrats alike, believe that all working Americans should have access to a retirement savings plan along the lines of the federal Thrift Savings Plan, which is open to government employees and members of the military.
That was a key finding of a survey conducted for the Economic Innovation Group, or EIG, by Echelon Insights.
Support also was strong for a proposal from the EIG under which the government would match retirement contributions for low- and middle-income working Americans who participate in a federal retirement savings plan. The proposal garnered more support (63%) than other wealth-building plans, such as universal basic income (47%), child allowances (41%) and baby bonds (40%), the EIG said in a release.
Other survey results pointed to the dismal state of the nation’s retirement savings. For example, one-third of American voters are not confident that they'll have enough savings to live comfortably when they retire, and of the 41% of American voters who do not have a retirement savings account, 44% say they do not have money to save after expenses.
Christopher Blotto moved this month to Janney Montgomery Scott.
Finturk also added new form-filling and cash sweep tools to its AI-first CRM platform, while Zeplyn builds advisor coaching into its own AI operating system
“Ultimately, you just try to embrace collaboration,” said Greg Merrill of UBS.
Building on its Personal Office platform, NorthRock Partners' latest transaction brings more than $200 million in assets under management and five employees to the growing RIA.
Expanded deal pairs succession-planning software with a broker-dealer network already logging rapid AI adoption among 11,000 advisors.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
