WASHINGTON, DC –Today AARP urged the Securities and Exchange Commission (SEC) to rethink, revise, and retest its proposed Customer Relationship Summary form (CRS) until clear, informative...

CHICAGO—The Center for Financial Services Innovation (CFSI), the nation’s authority on consumer financial health, in partnership with the Omidyar Network, MetLife Foundation, and AARP, today unveiled its inaugural U.S. Financial Health Pulse, the first-ever annual benchmarking survey around a composite financial health framework that provides a holistic look at how people in America manage their finances day-to-day, build resilience, and pursue opportunities over time.

WASHINGTON, DC—New survey results find that a strong majority of Americans from three generations say the country is headed in the wrong direction and say they are “fearful” about the future...

WASHINGTON, DC—In a newly released Politico-AARP poll, Pennsylvania voters age 50 and older say health care and personal finance issues will be top of mind this election season. The poll found health care (97 percent), Social Security (96 percent) and Medicare (95 percent) will be critical in determining how they vote in elections this fall and a strong majority want elected officials to take action to lower health care (92 percent) and prescription drug costs (91 percent).

WASHINGTON, DC—AARP responded to today’s announced cost of living adjustment (COLA) for Social Security beneficiaries in 2019. Additionally, AARP launched the Social Security Resource Center, a one-stop place for consumers to have their Social Security retirement questions answered, including when to claim. Consumers can find more at www.aarp.org/socialsecurity.

WASHINGTON, DC—New survey results find Americans across three generations have major concerns about their personal finances, debt levels, and the national economic picture, despite a growing economy. Across the generations Social Security and Medicare remain as popular as ever. Although almost half (49 percent) of Millennials, Generation X, and Baby Boomers report feeling somewhat satisfied with their financial situation, while, 37 percent, feel not at all or not too satisfied. About a third (31 percent) say they couldn’t cover their expenses for a full month if they had no income to rely on, and two-thirds (66 percent) count their debt level as a major or minor problem.

Washington, DC— New research released today from the Association of Young Americans AYA (AYA) and AARP show student loan debt preventing Americans across three generations from saving for...

WASHINGTON, DC—Investors are confused – and may even be misled – by disclosures proposed by the Securities and Exchange Commission (SEC) to help investors choose an investment professional, according to independent testing conducted by Kleimann Communications Group on behalf of AARP, Consumer Federation of America (CFA), and the Financial Planning Coalition.

WASHINGTON, DC—Information stolen in computer breaches of well-known companies is flooding into an underground digital market called the Dark Web, where criminals buy and sell Social Security numbers, credit card information and computer passwords to be used for fraud, an investigation in the September issue of AARP Bulletin reveals. Using software originally developed by the U.S. Navy and available for free to anyone who wishes to download it, criminals buy and sell private data with complete anonymity, then use it to commit identity fraud. Approximately 6.6 percent of U.S. adults were victimized last year, the report shows, and allegedly, more than half of Americans’ Social Security numbers are for sale for as low as a few dollars each. The article also details how identity fraud typically occurs, and the many proven, powerful ways consumers can protect themselves.

WASHINGTON, D.C.—The Securities and Exchange Commission’s proposed “best interest” advice rule fails consumers with an ill-defined standard and confusing disclosure forms, according to an assessment by AARP.