While 78% of millennials and 70% of all workers eligible for employee-paid workplace benefits said they were more likely to work for a company that offered the benefits, only 49% of those eligible actually took part in them, according to a survey conducted by Voya Financial.
The benefits offered were insurance programs typically covering critical illness, hospital indemnity, and income lost through disability or accidents.
The survey found that 31% of those eligible for benefits admitted they do not fully understand any of those they selected during their most recent open enrollment period. A previous Voya survey found that 73% of those who are benefits eligible are interested in support and guidance tools that help them understand how much money to put aside for retirement, emergency savings and health care 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
