Americans don't trust financial advice

November 2013
Employee Benefit News;Nov2013, Vol. 27 Issue 14, p20
The article presents information on the findings of a survey of 1,000 Americans conducted by financial services provider TIAA-CREF, according to which 48 percent Americans do not trust sources of financial advice. The survey says 46 percent respondent however felt they need a trusted financial advice. Eric Jones, senior managing director from TIAACREF, says demographic factor is responsible for the trend. The survey found that Generation X tops all age groups in seeking retirement advice.


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