The surveys key findings are detailed below:
Many rely on financial professionals for retirement planning.
Most expect financial advice to be in their best interest, yet uncertainty about the rules persists.
Most agree that financial professionals should be required to give advice in the best interest of account holders.
Interviews were conducted online and via telephone.
All data are weighted by age, sex, education, race/ethnicity, region, and AARP membership.
For more information, like contact S. Kathi Brown of AARP Research atskbrown@aarp.org.
For media inquiries, contactmedia@aarp.org.
What is driving these losses, and what can be done to mitigate them?
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