Friday, April 10, 2026

Americans Dig Deep to Stay Strong

Tue, 06 October 2020  |  consumers pandemic 

According to Fidelity Investments®’ Moving Forward study, anxiety has been on the rise since social distancing first began and the market was sent into a tailspin in March—and that anxiety is expected to continue into the new year. Looking ahead to 2021, nearly 70% do not see stress relief happening—and perhaps as a result, 58% say they are financially preparing differently for the new year. Despite an unprecedented level of uncertainty, the study also reveals that in dealing with the crisis, Americans are expressing confidence in their abilities to take on the challenges ahead.
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SoFI Creates Weekly Income ETF (TGIF)

Fri, 02 October 2020  |  investing income 

SoFi, the San Francisco-based online personal finance company, has launched a new exchange-traded fund (ETF) that could help retirees or anyone interested in regular distributions from their investments. The new ETF, the SoFI Weekly Income ETF (NYSE:TGIF) is the company's first fixed-income offering and the industry's first ETF to offer a weekly distribution to fund shareholders. The Fund intends to pay out dividends and interest income, if any, weekly, although there is no guarantee these payouts will be made.

TGIF is an actively managed fund that seeks to achieve its investm... Read More

Workplace Benefits Under Scrutiny

Wed, 16 September 2020  |  workplace 

A recent consumer survey shows the majority of working Americans will be looking to their workplace benefits for health and wealth support due to COVID-19, especially as they prepare for open enrollment in the midst of a global pandemic.

While most working individuals (84%) believe that their core benefits (e.g. medical, vision and dental) are sufficient in helping cover unplanned medical expenses, Voya’s new survey also found that roughly 7-in-10 employees (71%) plan to spend more time reviewing voluntary benefit options offered by their employers as a result of COVID-19 than the... Read More

Consumers focus on saving

Wed, 02 September 2020  |  consumers 

Despite facing unprecedented economic challenges, over half of U.S. consumers report saving more according to a new survey conducted by The Harris Poll.

The survey reveals that, in particular, Gen Z and Millennial consumers are leading the way with over 60% of both generations reporting an uptick in savings. When thinking about the future, another 76% of consumers are somewhat likely or very likely to save more than they usually do each month.

With many consumers staying close to home, around 4 in 10 consumers reported spending more on groceries. A quarter are getting fo... Read More

Millennials and Gen Xers Shaping the Future of Financial Planning

Fri, 28 August 2020  |  financial planning 

According to a new study from AIG Life & Retirement and the MIT AgeLab, financial clients are expressing a willingness and desire to step beyond traditional conversational boundaries with their financial professionals. This is particularly apparent with younger clients between the ages of 30 and 45 who indicate the most interest in discussing a range of topics beyond money management.

The Future of Client-Advisor Relationships study, which surveyed more than 2,000 financial clients between the ages of 30 and 75, finds that clients’ trust in and satisfaction with their financial pr... Read More

Older Women Face a Financially Uncertain Future

Tue, 25 August 2020  |  women retirement 

The U.S. Government Accountability Office (GAO) recently examined the financial security of older women through a series of 14 focus groups and analysis of prior survey data. Prior GAO work has found that challenges women face during their working years can affect their lifetime earnings and retirement income. In their work the GAO found women were overrepresented in low wage professions, paid less money than their male counterparts during their careers, and were more likely to leave the workforce to care for family members. Taken together, these trends may have significant effects on women's... Read More