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Summary: clear majority of Americans prefer executives with a more collaborative and creative leadership style, and seven out of 10 associate these leadership styles with women, according to a new study by Pershing.
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Summary: On average, financial advisors say their clients should expect Medicare to cover about three-fifths of their annual health care costs. Couple this with numerous studies that show the average American has not yet saved enough for retirement, and the 10,000 Baby Boomers who are retiring each day, and an alarming picture begins to come into view.
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Summary: The most successful financial advisers take their time picking up new technology, focus on the "client experience" and deemphasize back-office trades, according to a new study from Fidelity Investments.
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Summary: A new survey from MFS has found that the younger generation’s definition of long-term investing is quite short, and that these "recession babies" invest more conservatively than even their grandparents.
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Summary: Two recent studies by the Employee Benefit Research Institute show how baby boomers and Gen Xers are faring in their retirement readiness (much better thanks to the housing and financial markets), while another shows that those already in retirement are taking “small” withdrawals from their IRAs.