When it comes to planning for retirement, Americans trust the advice they get from banks much more than the wisdom passed on by mutual fund companies, according to a study by a New York think tank.

The Public Agenda Forum, in a survey of 1,100 people, found that 65% expressed confidence in retirement savings advice from financial advisers at banks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.