The world faces a looming “retirement crisis” that requires a rethink of pensions and working patterns as medical breakthroughs boost longevity, BlackRock’s chief executive Larry Fink warned on Tuesday in his closely watched annual letter to chief executives and investors. Fink, whose previous miss...
No one is born a natural investor. It’s important to say that because sometimes in the financial services industry we imply the opposite. We make it seem like saving for retirement can be a simple task, something anyone can do with a bit of practice, like driving your car to work. Jus...
According to interviewers, the name Larry Fink comes as a surprise to most people in social circles and one hears a blank response to the question of “who is Larry Fink?” However, as far as Wall Street is concerned, there are many who aspire to be in the shoes of this living legend...
nurses, firefighters and factory workers who are saving for their futures. As people live longer and healthier lives, their risk of outliving their savings is accelerating the “silent crisis” of financial insecurity in retirement. That is why BlackRock is working alongside our clients...
The world faces a looming “retirement crisis” that requires a rethink of pensions and working patterns as medical breakthroughs boost longevity, BlackRock’s chief executive Larry Fink warned on Tuesday in his closely watched annual letter to chief executives and investors. Fink, whose previo...
Laurence Fink Chairman and Chief Executive Officer RETIREMENT A major step forward for retirement security As more plan sponsors opt into providing the LifePath Paycheck solution to their participants, we make more progress toward helping U.S. workers improve their financial security with access to gu...
“silent crisis” of financial insecurity in retirement. That is why BlackRock is working alongside our clients and partners to address income in retirement. In the United States, we shared in 2021 that our retirement income solution, LifePath Paycheck, was being embraced by plan sponsors. Today...