| | Benefits & Administration | | Millennials Preparing for Retirement Better Than Other Generations Did | | Millennials are better prepared for retirement than other generations, J.D. Power learned in a survey. Of all of the demographic groups, Millennials are the most likely to have set specific retirement goals and to have the highest amount of savings, relative to age. More than one-quarter of Millennials have more than $100,000 in retirement savings, with an average of 30 to 35 years before retirement, compared to 75% of Boomers with more than $100,000 in savings and an average of only three years before retirement.Read more > | | | Products | | Investment Products and Services Launches | | Vanguard creates World Bond ETF, and Barrow Hanley introduces bank loan investment strategy.Read more > | | | Investing | | Vanguard Researchers Urge Investors to Go Global With Bond Allocations | | An allocation to global bond markets gives investors exposure to a greater number of securities, markets, and economic and inflation environments than they would have with a portfolio composed purely of local market fixed income, according to a research paper from Vanguard. “In theory, this diversification can help reduce a portfolio’s volatility without necessarily decreasing its total return,” say the report authors. They note that this wider exposure might, at first glance, seem to add risk, but they say an investment that includes the bonds of all markets and issuers would theoretically benefit from the greater number of issues, securities, and markets, and their imperfect correlations through time.Read more > |
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