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Stock impact report

U.S. Consumers are Unprepared for Coming Wealth Transfer, New FIS Study Finds

Fidelity National Information Services, Inc. (FIS) 
Last fidelity national information services, inc. earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.fisglobal.com
Company Research Source: Business Wire
Key findings Only 10% of U.S. respondents to 2018 FIS PACE study expect to receive an inheritance in next 10 years, despite trillions of dollars of household wealth expected to transfer to younger generations. Less than a quarter of U.S. consumers plan to use services of a trusted financial institution or advisor to handle an inheritance. Younger respondents more likely to be working with a financial advisor from their primary financial institution. JACKSONVILLE, Fla.--(BUSINESS WIRE)-- A new study from financial services technology leader FIS™ (NYSE:FIS) has found that U.S. banking consumers may be largely unaware of and unprepared for the impending transfer of trillions of dollars of intergenerational wealth. Just one in 10 U.S. consumers who took part in the 2018 FIS Performance Against Customer Expectations Show less Read more
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