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].
The average per-employee cost of employer-sponsored health insurance jumped 6.3% in 2021 as employees and their families resumed care after avoiding it in 2020 due to the pandemic.
This year has taught financial advisors many valuable lessons—lessons that should hopefully prepare them to handle the numerous opportunities and challenges that await them in 2022.
Americans say they worried the most about the COVID-19 pandemic in 2021, but rising inflation is now seen as the biggest risk to their retirement plans.
This year, more than 6 in 10 (62%) Americans feel optimistic about the future, despite the unknown and 72% are confident they’ll be in a better financial position in 2022.
More than one-third (39%) of Americans under the age of 65 are receiving their financial advice online or from social media, according to a survey by the National Association of Personal Financial Advisors.
One in five (21%) of Americans said that they are currently providing care for someone, and among them, nearly six in ten (59%) said that they have had to take on new or expanded caregiving responsibilities during the pandemic.
A new survey reports that a full 52% of American workers say their retirement savings are not where they need to be. A further 16% are not sure whether they’re on track.
A new survey finds that among those who report having ever combined finances in a relationship, two in five (43%) confess to committing an act of financial deception.
Most advisors are looking for steps to make sure they finish the year strong. Here are a few tips on how to use the final weeks of the year to make 2021 a strong campaign.
Ninety-one percent of investors say it is important that their retirement income plan is designed to provide a guaranteed income payment or principal protection.
American workers are concerned about retiring in a market downturn and losing a significant portion of their life savings when they need it the most, a new survey finds.
According to the American Association for Long-Term Care Insurance (AALTCI), the number of individuals who purchased traditional LTCI products declined last year.