Auto-Enrollment Alone Can't Fix Retirement Shortfalls: Research

Published on August 29, 2024

Automatic enrollment and escalation show promise, but a new analysis details their limits.

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Gen Z leans on AI and family for financial guidance

August 29, 2024
New research from Cleo, an AI-driven financial assistant, reveals that members of Generation Z are leaning heavily on artificial intelligence and family as they navigate a raft of challenges in handling their money.According to the survey, a significant 61 percent of Gen Z respondents are using AI tools to manage their finances, and 51 percent rely on parental advice. At the same time, less than 1

Posing as a broker, Maryland insurance agent grabs clients’ savings

August 29, 2024
A former insurance agent who posed as a securities broker – without the appropriate licenses – has become the target of the Maryland Securities Commissioner after he took $100,000 from elderly customers and never returned it to them. The insurance agent at the heart of the matter, Johnathan Munoz with the firm JM Financial Services, was never registered to sell securities but in late 2020 promised