Greenwald

Large Share of Public Service Workers Worry About Personal Finances While on the Job, According to New MissionSquare Research Institute Study

Retrieved on: 
Tuesday, April 25, 2023

The research also finds 40% of public service workers report that their employer offers a financial literacy or financial education program, up from 29% in 2019.

Key Points: 
  • The research also finds 40% of public service workers report that their employer offers a financial literacy or financial education program, up from 29% in 2019.
  • These findings are detailed in a new research report, Public Sector Employee Financial Wellness Program Needs and Preferences: 2022 Survey Results.
  • “Public service workers are showing a strong interest in financial wellness, and they believe it is important for their employer to provide such programs.
  • MissionSquare Research Institute promotes excellence in state and local government and other public service organizations to attract and retain talented employees.

Corebridge Financial Enhances Advanced Outcomes Annuity with Milliman FRM Structured Funds Sub-Advised by Capital Group

Retrieved on: 
Tuesday, March 7, 2023

Corebridge Financial today announced that its Advanced Outcomes Annuity®, a variable annuity featuring structured outcome investments, now includes hedged equity funds managed by Milliman Financial Risk Management (Milliman FRM) and sub-advised by Capital Group, home of the American Funds®.

Key Points: 
  • Corebridge Financial today announced that its Advanced Outcomes Annuity®, a variable annuity featuring structured outcome investments, now includes hedged equity funds managed by Milliman Financial Risk Management (Milliman FRM) and sub-advised by Capital Group, home of the American Funds®.
  • “We are thrilled to join with Corebridge Financial and Capital Group to take the next step forward with the Advanced Outcomes Annuity,” said Adam Schenck, Principal, Managing Director and Head of Fund Services, Milliman Financial Risk Management.
  • In addition to the new hedged equity funds, Advanced Outcomes Annuity recently added a trigger strategy to the structured outcome funds managed by Milliman FRM.
  • All companies above are subsidiaries of Corebridge Financial, Inc. Corebridge Financial and Corebridge are marketing names used by subsidiaries of Corebridge Financial, Inc.

Voya supports DOL’s final ruling on ESG investing in retirement plans

Retrieved on: 
Tuesday, November 22, 2022

Specifically, Voyas support centered around the DOLs decision to craft investment duties regulations that provide clarity to plans, plan sponsors, investment fiduciaries and participants.

Key Points: 
  • Specifically, Voyas support centered around the DOLs decision to craft investment duties regulations that provide clarity to plans, plan sponsors, investment fiduciaries and participants.
  • Today, the final rule ultimately recognizes the important role that environmental, social and governance (ESG) factors can play in the evaluation and management of retirement plan investments, while continuing to uphold fundamental fiduciary obligations.
  • As a result, the final rule by the DOL provides a step in the right direction in ultimately supporting our customers and their workforces with their retirement savings and investing goals.
  • The final rule comes at a time when many employers are adapting to the growing importance of ESG factors within their business and retirement plan practices as well.

Majority of Retirees and Pre-Retirees Lack Sufficient Savings to Retire by Age 65, According to New Research from The Stanford Center on Longevity and FAR

Retrieved on: 
Monday, October 3, 2022

Reality in Retirement Planning, a new study from the Stanford Center on Longevity (SCL) that examines the challenges and concerns facing retirees and pre-retirees as they plan for retirement.

Key Points: 
  • Reality in Retirement Planning, a new study from the Stanford Center on Longevity (SCL) that examines the challenges and concerns facing retirees and pre-retirees as they plan for retirement.
  • The study findings show that the majority of retirees and pre-retirees are not financially prepared for retirement and lack sufficient savings to fully retire at age 65.
  • The findings also indicate there is room to improve the resources retirees and pre-retirees use to help make retirement planning decisions.
  • Download the full report here: disconnectedretirement.stanford.edu
    The Stanford Center on Longevity conducted this study with support from Finance of America Reverse.

59 Percent of Women Working in the Federal Government Report Burnout, According to New Research from Eagle Hill Consulting

Retrieved on: 
Tuesday, April 19, 2022

ARLINGTON, Va., April 19, 2022 /PRNewswire/ -- While similar numbers of women (59 percent) and men (56 percent) working for the federal government say they feel burnt out at work, their reasons are different, according to a new workforce survey from Eagle Hill Consulting. While men are more likely than women to cite workload as the primary source of their burnout (49 percent of men versus 39 percent of women), women point to a lack of communication, feedback, and support (44 percent of women versus 37 percent of men) as their top reasons.

Key Points: 
  • Federal leaders must understand the issues facing women in their agencies, then devise a tailored employee experience.
  • These research findings a contained in, The Federal Employee Experience: How Agencies Can Meet the Needs of Women Workers Amidst the Great Reevaluation, available here .
  • In many cases, focusing on flexibility, culture, mentorships, and team relationships can help address the employee experience federal women are facing."
  • Eagle Hill Consulting LLC is a woman-owned business that provides unconventional management consulting services in the areas of Strategy & Performance, Talent, and Change.

Canadians' stress has worsened even as financial positions have improved: Manulife Investment Management study

Retrieved on: 
Tuesday, January 25, 2022

The study's findings underscore the importance for individuals to seek, and workplaces to provide, continued financial guidance," said Brett Marchand, Head of Retirement, Manulife Investment Management, Canada.

Key Points: 
  • The study's findings underscore the importance for individuals to seek, and workplaces to provide, continued financial guidance," said Brett Marchand, Head of Retirement, Manulife Investment Management, Canada.
  • The 2021 Financial Stress survey was commissioned by Manulife Investment Management and John Hancock Retirement and conducted by Greenwald & Associates.
  • Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation.
  • Through Manulife Investment Management, the global brand for our global wealth and asset management segment, we serve individuals, institutions and retirement plan members worldwide.

New John Hancock Retirement report reveals surprising contradictions in how pandemic is affecting employees

Retrieved on: 
Tuesday, January 11, 2022

BOSTON, Jan. 11, 2022 /PRNewswire/ -John Hancock Retirement, a company of Manulife Investment Management, today announced the results of its Stress, Finances, and Well-Being report, the eighth annual survey of its retirement plan participants.

Key Points: 
  • BOSTON, Jan. 11, 2022 /PRNewswire/ -John Hancock Retirement, a company of Manulife Investment Management, today announced the results of its Stress, Finances, and Well-Being report, the eighth annual survey of its retirement plan participants.
  • This represents a chance for employers, financial professionals, and retirement providers to help retirement savers build a solid foundation for the future.
  • What's more, 80% of respondents said they wouldn't be likely to work for a company that doesn't offer a retirement plan.
  • John Hancock Retirement Plan Services LLC provides administrative and/or recordkeeping services to sponsors or administrators of retirement plans through an open-architecture platform.

Voya Financial comments on DOL’s ESG retirement plan proposal; supports opportunity for greater retirement investing decisions

Retrieved on: 
Monday, December 13, 2021

At Voya, we believe that investment decisions made after consideration of all material factors, including ESG factors when appropriate, are in the best interest of retirement savers.

Key Points: 
  • At Voya, we believe that investment decisions made after consideration of all material factors, including ESG factors when appropriate, are in the best interest of retirement savers.
  • According to Voya research, nearly three-quarters (70%) of 401(k) plan participants are interested in retirement plan investment options that consider ESG factors.1 At the same time, plan sponsors also recognize this interest from their participants.
  • Findings based on the results of a Voya Financial survey conducted by Greenwald Research among 297 higher education plan sponsor retirement plan decision-makers from July 22Sept.
  • Follow Voya Financial on Facebook , LinkedIn and Twitter @Voya .

Mosaic Names Justine Greenwald Executive Creative Director

Retrieved on: 
Tuesday, June 4, 2019

CHICAGO, June 4, 2019 /PRNewswire/ -- Mosaic , a brand activation agency that delivers consumer experiences in store, online and in the community,announced today the addition ofaccomplished marketing executive Justine Greenwald as the agency's Executive Creative Director.

Key Points: 
  • CHICAGO, June 4, 2019 /PRNewswire/ -- Mosaic , a brand activation agency that delivers consumer experiences in store, online and in the community,announced today the addition ofaccomplished marketing executive Justine Greenwald as the agency's Executive Creative Director.
  • Greenwald will lead award-winning teams of creatives and strategists to deliver game-changing experiences for top global brands.
  • I'm incredibly excited for the opportunity to build on Mosaic's success and momentum in live brand experiences," said Greenwald.
  • Most recently, Greenwald served as Geometry Global's Executive Creative Director, representing iconic clients such as Beam-Suntory, Kimberly-Clark and American Airlines.

Columbia Graduate School of Business in Conjunction with Gabelli Funds Selects Bruce C. N. Greenwald 2019 Recipient of Graham & Dodd, Murray, Greenwald Prize

Retrieved on: 
Tuesday, April 2, 2019

Gabelli Funds announces the recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing to be presented at its thirty-fourth client conference on Friday, May 17th in New York.

Key Points: 
  • Gabelli Funds announces the recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing to be presented at its thirty-fourth client conference on Friday, May 17th in New York.
  • In announcing Bruce Greenwald as the 2019 recipient, Mario Gabelli, Chairman of Gabelli Funds said, The value investing community has had the great fortune of Bruce Greenwald training a generation of value investors.
  • Bruce has authored volumes on investing and strategy, including Value Investing: From Graham to Buffett and Beyond.
  • Because of his significant contributions to the field of value investing, Bruce Greenwald is named the fifteenth recipient of the Graham and Dodd, Murray Greenwald Prize for Value Investing.