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.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
