A new survey says Americans’ confidence in their ability to afford a comfortable retirement has recovered slightly from the record lows of the past five years—primarily among those participating in retirement plans. But overall, actual preparations for retirement haven’t improved.
To view Multimedia News Release, go to http://www.multivu.com/mnr/64628-2014-principal-financial-group-ebri-retirement-confidence-survey
T. Rowe Price’s 2014 Parents, Kids & Money Survey revealed that parents’ behaviors are often at odds with their concerns about setting a good financial example for their kids.
T. Rowe Price encourages parents to invest in their kids’ futures by talking to them about money matters weekly. To help, the firm created MoneyConfidentKids.com.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/65887-money-confident-kids-presented-by-t-rowe-price/
The G-Global info-communicative platform hosted an online conference on the 19th March on the theme “Draft Plan for overcoming long-term consequences of the global financial and economic crisis for UN Member States” in preparation for the second World Anti-Crisis Conference to be held in the Kazakhstan capital, Astana, on 21-23 May 2014. Mark Uzan, director of the Renovating Bretton Woods Committee, moderated the online-conference in which international and Kazakhstan experts participated. They reached agreement on a consolidated draft Plan for overcoming long-term consequences of the global financial and economic crisis for UN Member States (Plan) on which the international expert community has been actively working.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/7140055-g-global-info-communicative-platform-draft-plan
The cost of long term care continues rising at a rate outpacing inflation creating significant financial planning challenges for the nearly 12 million Americans currently in need of long term care services. According to the Genworth (NYSE: GNW) 2014 Cost of Care Survey released today, the cost of receiving in-home care continues to rise, though at a more moderate rate of growth. This is good news for consumers as almost three quarters of people needing long term care prefer receiving it in their homes, according to Genworth’s extensive claims data (Long term care claims Experience Data for Genworth Life Insurance Company and affiliates – December 1974-June 30, 2013).
To view the Multimedia News Release, go to http://www.multivu.com/mnr/70631511-genworth-2014-cost-of-care-survey-results
UBM Tech today announced the new community-driven Wall Street & Technology (wallstreetandtech.com), an interactive platform for capital markets and investment management technology professionals to connect with peers, editors and industry experts. The redesigned site provides the latest news, commentary, and discussion on the most important issues facing technology and business leaders in financial markets. Complementing its award-winning editorial coverage is perspective from more than 50 community contributors.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/7202051-ubm-tech-wall-street-and-technology-investment-management
Today, Genworth Financial, Inc (NYSE:GNW) announced the launch of its new website www.longtermcareinsurance.org, designed to help fill the information gap for consumers about the reality of long term care and the importance of planning for the future. The website, named the National Advisory Center for Long Term Care Information (NACLTCI), sponsored by Genworth, is focused on providing clear, concise and unbiased information to consumers faced with making decisions related to long term care.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7206251-genworth-launches-national-advisory-center-for-long-term-care-information-website/
McGruff the Crime Dog is about to “Take A Bite Out Of Crime,” specifically financial and investment fraud. Researchers estimate that consumer financial fraud cost Americans over $50 billion a year. In addition, a survey by the FINRA Investor Education Foundation of U.S. adults age 40 and older found that more than 80 percent of respondents have been solicited to participate in a potentially fraudulent scheme, and over 40 percent of those surveyed could not identify classic red flags of fraud.
To view the Multimedia News Release, go http://www.multivu.com/players/English/7195831-ncpc-finra-prevent-investment-fraud/
T. Rowe Price's new Family Financial Trade-offs Survey revealed that parents are putting their own retirement security on the back-burner to support their kids' education and cover their own personal student loans.
After T. Rowe Price's 2014 Parents, Kids & Money Survey found that 52% of parents said it was more important to save for their kids' college rather than their own retirement, the firm endeavored to further understand how families balance the competing priorities of saving for retirement and college. The survey is based on a national sample of 2,000 parents who have a retirement account with kids ages 15 and younger.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7455231-t-rowe-price-financial-education/
More than ever, Americans are looking for small steps that lead them to healthier, longer lives. They’re avoiding the office vending machine, they’re walking that extra mile, and they’re getting to the doctor’s office for their regular checkups. Now, a life insurance company wants to recognize people for these healthy habits. John Hancock, in partnership with Vitality, is offering a whole new kind of life insurance product that rewards consumers for living healthy, while protecting their loved ones. The company has teamed up with Chris O’Donnell, star of the hit drama NCIS: Los Angeles, to help consumers recognize they are in control of their physical, emotional, and financial health, and – even with a busy schedule – can take small steps to truly improve their quality of life, now.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7491151-john-hancock-5-more-now/
For families who have a dependent with special needs, financial planning often takes a back seat to the necessities of daily life; but it also bears an increased importance.
“April’s Autism Awareness Month offers a great opportunity to emphasize the importance of planning for families who are caring for a dependent child, sibling or spouse with special needs,” said Ruthann Driscoll, JD, CLU, CFP®, director of advanced planning at Northwestern Mutual. “Crafting a comprehensive plan that addresses the needs of the dependent with special needs — for today and for tomorrow — and balancing that with the needs of the rest of the family is essential to achieving lifelong financial security.”
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7422151-northwestern-mutual-autism-awareness/
The Indexed Annuity Leadership Council (IALC) today unveiled a new initiative that examines the widely varying retirement experience in the United States.
The project, the Changing Face of Retirement in America, is a comprehensive look at modern expectations for retirement and provides regional narratives that show what retirement means for individuals across the country and the economic spectrum, highlighting the impact financial planning can have on retirement.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7484851-ialc-changing-face-of-retirement/
Allstate Foundation Purple Purse® ambassador Kerry Washington unveiled her latest purse design to bring attention to domestic violence and financial abuse before an audience of community leaders, survivors and VIPs on Sept. 24 in New York City. In so doing, she also kicked off a month-long effort to raise funds for domestic violence programs nationwide.
Golden Globe and Emmy nominated Washington partnered with handbag designer, Dee Ocleppo, to create the 2015 Purple Purse. The limited-edition, on-trend clutch was created to encourage the public to talk about domestic violence and financial abuse. This year, the purple purse, retailing at $350, is available for purchase beginning Sept. 25 at select Saks Fifth Avenue locations and on Saks.com with 25 percent of proceeds supporting abuse programs.
To view the multimedia release go to:
http://www.multivu.com/players/English/7616851-allstate-foundation-purple-purse/