Ayo Mseka has more than 30 years of experience reporting on the financial services industry. She formerly served as editor-in-chief of NAIFA’s Advisor Today magazine. Contact her at [email protected].
Average HSA balances increased once again to $3,622. New accounts had relatively smaller balances, while older accounts had higher balances.
The world has changed dramatically since the pandemic began, and according to new U.S. Bank research, so has the way women manage their money.
In a recent research report, Americans report their top five biggest financial-advice gaps. The results reveal a need for more active financial planning.
Hispanics are the most likely demographic group (26%) to say they feel “motivated” when thinking about financial planning in the current environment, according to a survey by Lincoln Financial Group.
Four of five U.S. households (82%) think about working toward long-term financial goals, with half (54%) having a plan. But only one-third of households with plans report having written plans.
As Women’s History Month comes to a close, Turner spoke with InsuranceNewsNet and shared some of the steps she took on her way to the top, the challenges she encountered along the way, and her advice to other women for making it to the next level of success.
As many professionals look for ways to move up the corporate ladder, a growing number of them are making use of a personal board of directors (PBDs) — a small group of people whose job is to advise, inspire, and guide them toward a successful and rewarding career.
The pandemic impact on talent is just one trend explored in the EY 2022 Global Insurance Outlook. It takes into consideration three trends that are particularly important in the coming months.
New research by the Society of Actuaries Research Institute finds that Gen Xers do not appear to be as well prepared as older generations for retirement.
Meeting in person provides better opportunities for attendees to network, meet influencers and industry experts face-to-face, and stay connected with friends and colleagues, association executives say.
What does it take for advisors to be not only successful, but to maintain success over a long period? Brian Haney discusses some tried-and-true strategies he developed over many years running a successful advisory firm.
Shifting from a corporate office to a home-office environment because of social-distancing requirements brought on by the pandemic has created a few obstacles for producers trying to grow their practices.
Given the current heightened awareness of long-term care, financial advisors are having more prospects reach out to them to begin proactive conversations around what a long-term care event might mean for them and their families.
While it is often seen as a network for job hunting and recruiting workers, LinkedIn can also be an excellent tool for advisors to gain introductions and referrals from their clients.
One-quarter respondents who self-reported said that they currently own long-term care insurance (LTCI) for themselves. But according to industry data, only 15% of Americans have purchased LTCI.
Despite the COVID-19 pandemic, a survey from Thrivent found that perceptions toward extended care planning haven’t changed.
About one-third of younger participants in 401(k) plans predicted that their retirement will be delayed because of the pandemic.
Clients are satisfied with their advisory relationships, and the most significant client concerns have less to do with the level of service being provided and more to do with their own level of self-confidence about their financial future.
Employer-provided information and financial-wellness programs go a long way in helping many employees keep their financial lives on track and feel more confident about their finances, according to the 2022 TIAA Financial Wellness Survey.
With the pandemic still making it difficult for many advisors to meet frequently with prospects face-to-face, many of them are looking for methods they can use to acquire and engage clients in this COVID-19 environment.
