Research

Consumers brace for recession, but turn to alternative sources for financial advice - family, friends, online resources, prayer and ChatGPT, which they say will provide better financial advice than a human advisor in the next five years, says a new survey.

Excessive drinking during the COVID-19 pandemic increased alcoholic liver disease deaths so much that the condition killed more Californians than car accidents or breast cancer, according to KFF.

In the past year, criticism of environmental, social, and governance investing has become louder and increasingly politicized in the U.S. and against this backdrop, new funds have emerged, called "anti-ESG funds," says Morningstar.

Plan sponsors need to compare different options for delivering financial security to plan participants, including those that utilize insurance, according to new research from AllianceBernstein.

The majority of pre-retirees said inflation poses the greatest immediate challenge to their portfolio over the next year, while a recession is also a factor that poses immediate challenges, according to the Nationwide Retirement Institute.

The multi-year guaranteed annuities boom helped produce a 42% overall increase in total sales in spite of a 22% decrease in sales of variable annuities, according to survey data from Wink.

From testing roughly 143,000 blood donors nationwide, the Centers for Disease Control and Prevention found that 77.5% of surveyed individuals had COVID-19 antibodies, from vaccines, the virus, or both, by the end of 2022.

Only 41% of small business owners (and 69% of mid-size owners) are aware of emergency savings opportunities for employees provided by SECURE 2.0, while even fewer know about student loan matching options.