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SECURE Act 2.0 aims to improve American’s financial security
At Nationwide, we have historically served as an advocate for the retirement security of American workers and investors. We remain committed to supporting efforts to improve the existing retirement savings system through regulatory changes that help more people achieve secure retirement outcomes.
For financial professionals and advisors, that task has become more difficult due to the COVID-19 pandemic. Over the last 12 months, many Americans experienced a drop in their financial security. In a recent Nationwide Retirement Institute® survey of 500 advisors and financial professionals, 77% said their clients had either stopped or slowed their retirement plan contributions due to COVID-19. Half of those we surveyed said their clients’ financial security had been negatively impacted by COVID-19.
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NEW YORK, May 4, 2021 /PRNewswire/ Mitsubishi UFJ Financial Group (MUFG), a leading global financial group, today announced that Neal Holland has been appointed Chief Financial Officer for MUFG Americas Holdings Corporation and its primary banking subsidiary MUFG Union Bank, N.A., effective June 1, 2021. The U.S. operations of MUFG had total assets of $344 billion at December 31, 2020.
Neal Holland
Mr. Holland will succeed Johannes Johs Worsoe, who has served as CFO since 2016 and in February announced his decision to leave the bank to pursue the next chapter in his career. Mr. Worsoe, who has been with the company for 20 years, will stay on through July 15 to ensure a smooth transition.