Whether it’s Mary Beth Franklin’s podcasts and columns, Ed Slott’s webcasts, Fred Barstein on retirement plans, or any of the top-notch reporting by Emile Hallez. The reason is clients always have questions and insecurities, according to Natixis’ Global Retirement Index report, released last Tuesday. That news comes in a country ranked 17th for retirement security in the world.
As Emile Hallez reports: “The U.S. ranked higher in the category of finances in retirement, 11th, than it did overall. The country’s ranking in the health category has fallen significantly over the past two years, from 10th in 2019 to 17th this year, in part as a result of the number of deaths caused by Covid and the resulting decrease in life expectancy. The U.S. didn’t even make the top 25 countries in material well-being, with income inequality being a factor. In quality of life, the country was ranked 21st.”
If you’ve read our work on InvestmentNews or RPA Convergence, you know that no matter the area, improving retirement security in the U.S. requires expanding access to savings, and it requires a concerted effort among policymakers, employers and the financial services industry.
The full Natixis report speaks to areas that can be addressed to improve retirement security, and there’s plenty of evidence of what needs to be done. But resolving the issue requires the courage for those parties to step up and to do the work.
Matt Gellene shares the bank’s latest research on how young adults are managing their finances.
Survey data reveal a widening divide between early AI adopters and those still on the sidelines – with career stage and AUM emerging as key fault lines.
Sitting between equity and insurance-like solutions, defined-outcome ETF strategies have matured as an alternative to staying in cash during choppy markets.
Orion CEO Natalie Wolfsen says artificial intelligence could double the number of Americans receiving financial advice as RIAs deploy AI to boost advisor productivity
Meanwhile, Raymond James snags Edward Jones advisor in Arizona.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
