Future of DC Plans Hitched to Economy, Education: Outlook 2013
By now, the move out of DB plans into DC plans has been well-established, although the success of the plans wavers with the strength of the economy. There are also two kinds of 401(k) investors.
Consumers Get Upbeat
How important are consumers to the economy?
Advisors Grow Pessimistic, as Consumer Confidence Hits 4-Year High
RIAs are not as upbeat as most consumers when it comes to the economy and markets, according to the latest polls.
Retirees, Pre-Retirees Slowly Regaining Confidence: SOA
In 2011, prior to the U.S. debt downgrade and the most recent bout of market volatility, retirees and pre-retirees were less concerned with their finances than they were in 2009, the Society of Actuaries found.
Consumer Confidence Rises in September, Advisor Confidence Falls
Conflicting sentiments over the relative strength of the economy has pundits scratching their heads.
Investor, Consumer Confidence Hit Lows in August
Still, both groups remain more upbeat about their financial situation and the markets, Spectrem and the Conference Board found.
Affluent a Bit More Confident, but Very Concerned: Spectrem Poll
Similar results of the Consumer Confidence Index survey show mixed sentiment in June
Investors Lost Confidence in April, Indexes Show
Along with the Consumer Confidence Index, State Street and Spectrem surveys make moderate dips in April as investors cool to market conditions.
Advisor Confidence Moving in Positive Direction
This slight shift is similar to that of Spectrem Group’s affluent-investor survey and the University of Michigan’s Consumer Sentiment Index
Downgrades Hit Europe; PIMCO’s Gross Sees Greek Default
Friday the 13th turned out to be very unlucky indeed for the euro zone, as Standard & Poor's downgraded nine countries in the bloc, including triple-A rated France and Austria, and put 14 of the 17 countries on negative outlook.