MOST VIEWED FUNDS FROM LAST WEEK
- Ultra Short Duration Income Fund
- Income Fund
- Short Duration Bond Fund
- Equity Income Fund
- Growth Opportunities Fund
- Diversified Income Trust
- Dynamic Asset Allocation Balanced Fund
Headlines you need to know this week — August 13, 2019
Women may be less prepared to retire Only 62% of women have a financial plan to try to ensure they have enough money in retirement, compared with 76% of men, according to a recent survey. Women face unique challenges to saving including longevity, higher health-care costs, and a gender wage gap. These factors make it particularly important for women to focus on generating adequate income for retirement.
Congress considers ESG reporting The House recently held its first hearings on environmental, social and governance (ESG) reporting. The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets reviewed proposals to improve ESG disclosures. The Forum for Sustainable and Responsible Investment reported that assets under management using sustainable strategies grew to $12 trillion in 2018 from $8.7 trillion in 2016. Lawmakers are considering how to make disclosures more comprehensive and standardized.
If they could turn back time, Millennials say they would save more The biggest change that Millennials would make if they could go back to college would be to work and earn money while taking classes, a recent survey found. Nearly 20% of Millennials, ages 22 to 28, indicated that having a job might have helped to defray college costs. Many students graduate with debt. The College Board found that borrowers in 2017 had an average debt of $28,500.
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