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Benefits & Administration |
Employer Motives Differ for Financial Wellness Investment |
By the end of the new year more than three in four (77%) large employers will have at least one financial wellness program in place, according to Aon Hewitt’s “Hot Topics in Retirement and Financial Well-Being” survey report. Why the growth in financial wellness?Read more > |
Employees Making Progress on Retirement Readiness |
Because people are saving more and investing more appropriately for their age, the percentage of people who are likely to afford at least their essential expenses in retirement has risen to 45%, up from 38% when Fidelity Investments last conducted its biennial Retirement Savings Assessment study. However, Fidelity notes, this still means that more than half of the population (55%) may not be able to cover housing, health care or food costs.Read more > |