Third-quarter 2012 data for defined-contribution plans administered by Springfield, Mass.-based MassMutual Financial Group show that, combined, generation X and generation Y participants now account for 55 percent of the company's participant with
Four years after the 2008 global financial crisis, the onset of a severe economic recession, and ongoing market turbulence, a lack of faith in equity investing appears to be lingering, even for long-term investors who say thatsaving for their top
Baby boomers aren't saving enough for retirement because they are spending too much on mortgage debtand carrying that and other debts into their near-retirement years, says a new study from the National Center for Policy a greater percentage
Despite the two-year-old federal legislation to protect young consumers, college-age adults remain easy prey for credit card companies, which have moved off campus and onto Facebook. A recent analysis by University of South Carolina law Eboni a
All consumer loan types saw a decline in default rates for a second consecutive month in February, according to new data released earlier this month. The information was compiled by S&P Indices and Experian for the S&P/Experian Consumer Credit a
Only 39 percent of investors between the ages of 21 and 50 surveyed in new research from T. Rowe Price said they are confident that they will have enough money for retirement.And despite understanding the importance of planning for retirement, a
A new quarterly survey of leading advertising agencies suggests that the media buying industry is regaining optimism after notching strong gains during the 2011 fourth quarter. The industry appears confident that business and client spending on
Hospitals and health care organizations will need more than a couple of aspirin to ready themselves for a likely increase in data security headaches this year, suggests the sponsor of a study on the topic.Industry experts representing health to
American retirees are feeling more financially secure than they did in 2009, but fewer have estimated how long their assets will last into retirement, a new study indicates.The study, titled "The Financial Recovery for Retirees Continues," was a
Recently released data from the U.S. Census Bureau show that the overall number of older adults living in poverty has increased. Even more significant is the number of seniors who have experienced an increase in economic insecurityor those on