Retirement plan sponsors take note: Americans don’t particularly trust sources of financial advice, yet many say it’s something they need now more than ever.
Forty-eight percent of Americans say it is hard to know which sources of financial advice can be trusted, while 46% say that more than ever, they need a trusted place to go for financial advice, according to a recent survey of 1,000 Americans conducted by TIAA-CREF, a financial services provider.