Advisor News

The Public Retirement Research Lab, a collaborative effort of the Employee Benefit Research Institute and the National Association of Government Defined Contribution Administrators, published a new research report detailing a longitudinal analysis of 1.1 million public-sector defined contribution retirement plan participants which found steady growth in account balances and dollar contributions.

As younger generations anticipate the $90 trillion “Great Wealth Transfer” predicted by financial experts, a minority of Americans may actually receive a financial gift from their family members.

In a significant move to create a fairer tax system, the federal government of Canada announced a series of changes to the taxation of capital gains in its Budget 2024. As of June 25, 2024, the capital gains inclusion rate increased from one-half to two-thirds for capital gains exceeding $250,000 annually for individual Canadians. Increased Capital Gains…

Between home prices, high interest rates, tax increases and now insurance rate hikes, the cost of the American dream in California has gone through the roof. Nearly 7% of real estate transactions statewide have fallen out of escrow due to the insurance crisis, according to a California Association of Realtors report. California's across-the-board fallout…

Between home prices, high interest rates, tax increases and now insurance rate hikes, the cost of the American dream in California has gone through the roof. Nearly 7% of real estate transactions statewide have fallen out of escrow due to the insurance crisis, according to a California Association of Realtors report. California's across-the-board fall out…

While 42% say they hope to celebrate the end of their careers with a long retirement of 20 or more years, just 41% feel they are on track to achieve the retirement they envision and nearly a quarter (24%) are unsure if they are saving enough.

In its annual Mind, Body, and Wallet report,  Guardian Life found that well-being among Americans remains low, highlighting the pressing need for additional well-being support and resources, especially around retirement planning and personal finance stressors.

Just over half (51%) of pre-retirees over 50 and retired Americans are considering delaying or coming out of retirement, according to a new survey from F&G.