Sunday, April 5, 2026

Global High-Net-Worth Population Sees Biggest Decline in Size and Wealth for Over a Decade

Thu, 01 June 2023  |  wealth management hnw 

Capgemini’s latest World Wealth Report reveals the global high-net-worth-individual1 (HNWI) population dropped by 3.3% to 21.7 million in 2022, while the value of its wealth decreased by 3.6% to USD 83 trillion. According to the report, this marks the steepest drop in ten years (2013-2022) triggered by... Read More

Americans Facing a New Retirement Reality

Tue, 30 May 2023  |  demographics retirement 

The dynamics of retirement planning have dramatically shifted as Americans navigate inflation, market volatility, financial crises, fears of bank failures and other challenges. Taken together, these factors have created a new retirement reality that may have fundamentally shifted the long-term outlook for many Americans, according to the latest study from Allianz Life Insurance Company of North America (Allianz Life).

With so many financial risks, many Americans may be trading their financial future to get by in the here and now. For example, recent financial crises caused 46% to say ... Read More

Gen Z Immersing Themselves in World of Investing

Wed, 24 May 2023  |  investing 

• Research from CFA Institute and the Financial Industry Regulatory Authority Investor Education Foundation (FINRA Foundation) reveals how access to investment products, sources of investment knowledge, and macroeconomic uncertainty are factors in Gen Z's financial decision making.
• Four in five (82%) Gen Z investors surveyed in the U.S say they began investing before they turned 21, as did 79% of Canadian, 81% of UK and 63% of Chinese Gen Z investors.
• 41% of Gen Z investors ages 18 to 25 surveyed in both the U.S. and Canada cite fear of missing out ("FOMO") as a factor in... Read More

  Three-Fifths Of Americans Living Paycheck To Paycheck

  Tue, 28 February 2023  |  consumers 

  A new survey from LendingClub and PYMNTS finds that 60% of U.S. adults, including more than 40% of consumers with high incomes, reported living paycheck to paycheck as of January 2023, a decrease of 4 percentage points from January 2022. This drop shows that some consumers' financial conditions have actually improved as a result of spending reductions over the past year.

  Also, it seems like customers are becoming used to the current financial climate. For instance, fewer customers now anticipate a worsening of their financial status, and more people have a positive outlook towar... Read More

  Majority of Consumers Want Fewer Marketing Messages

  Mon, 27 February 2023  |  consumers 

  The Optimove 2023 Consumer Marketing Fatigue Survey found that 66% of consumers want fewer marketing messages and 27% believe they are inundated with them. Additionally, nearly eight in ten customers (79%) claim that an overabundance of marketing messages forced them to unsubscribe from at least one retail company in the previous three months. Also, according to 61% of consumers, receiving too many marketing messages caused them to unsubscribe from three or more retail businesses.

  73% of respondents said they wished to receive less marketing communications in 2023 compared to 20... Read More

  Most U.S. Consumers Living Paycheck to Paycheck

  Mon, 30 January 2023  |  consumers economy 

  A new survey from Lending Club and PYMTS found that 64% of U.S. consumers (166 million) lived paycheck to paycheck in December 2022, up 3 percentage points from 61% the year before. Higher income categories had the largest rise. In reality, 9.3 million more customers live paycheck to paycheck, while eight million, or 86%, earn above $100,000.

  51% of consumers earning over $100,000 lived paycheck to paycheck in December 2022, up 9 percentage points from 42% in December 2021. As of December 2022, 66% and 78% of middle-income consumers (those earning between $50,000 and $100,000 yearly) ... Read More

  
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