CITs ‘Inch Past’ Mutual Funds to Become Lead Target-Date Investment Vehicle
June 2024 data from Morningstar show collective investment trust target-dates make up about 50.5% of TDF assets.
Data & Research
M&A Activity Among RIAs Remains Strong in Q2
2024 is on track to top last year for dealmaking as firms address succession planning and need for scale.
401(k) Trading Hit Four-Year High on Monday
A market dip to start the week saw more 401(k) trades toward safe assets than had been seen since the...
US Households Face Significant Financial Advice Gaps
Americans revealed the financial tasks they find very difficult and have not sought help to address.
Parents Deprioritizing Retirement to Save for College
Additionally, more than one-third of parents reported no financial plan for meeting their broader goals.
Morningstar: 45% of Americans Will Run Short of Funds if Retiring at 65
A new retirement savings simulation tool by the financial services firm signals widespread retirement shortage.
Retiree Health Care Costs Continue Rising, Milliman Finds
Health status, location and age at retirement all affect how much a retiree can expect to spend on health care...
New Investment Fund Filings Still Strong, ETF-Dominant, According to ISS
ISS STOXX’s new funds report showed 156 funds registered in June, including 135 ETFs.
Vanguard: Auto-Enrollment Has Most Significant Role in Equalizing Savings Access
Automatic enrollment ranks highest for promoting savings across racial and ethnic background, but other modern plan design features can also...
Workers Expect 401(k) to be Main Source of Retirement Income
Charles Schwab surveying also found less optimism in Social Security, while separate polling by J.P. Morgan saw more 401(k) confidence...
Americans Want Government to Shore Up Social Security Funding
Ahead of fall elections, Americans have signaled their commitment to Social Security, but whether politicians listen and act remains uncertain,...
Small Business “Bullishness” Helping to Drive 401(k) Growth
PLANSPONSOR surveying shows some leaders in the new and small plan space booked more 401(k)s in 2023 than the prior...
Financial Adviser Turnover Steadies After Post-Pandemic Churn
A new report by ISS Market Intelligence found adviser turnover reverting to the mean and a continuing trend of advisers...
Facing Delayed Retirement, Many Americans Wish They Had Started Saving Sooner
According to new reports from Voya and F&G Annuities & Life, most Americans wish they had started saving for retirement...
Mutual Fund Fees in 401(k)s Have Dropped by More Than Half This Century
ICI data show the steady drop in mutual fund fees, even as the most popular 401(k) investment vehicle faces competition...
Gen X, With Retirement “Around the Corner,” Not Confident in Income Replacement
Three distinct reports agree Gen X needs financial guidance via the workplace—with participants valuing transparency and honest dealing.
Don’t Overlook the Silent-to-Gen X Generational Wealth Transfer
Hearts & Wallets’ findings counter the idea that the Baby Boomer-to-Millennial wealth transfer should be advisers’ focus.
M&A Shows Up As Top Driver of Recordkeeper Swaps in New Study
Poor service quality was another driver of recordkeeper moves, new research from Escalent finds.
Where is the Disconnect Between Employers and Employees?
Payroll Integrations finds that employers pay for benefits their workers think are not very important.
Fidelity Reveals Top 5 Optional Provisions Plan Sponsors Are Most Likely to Adopt
Survey shows plan sponsors are most likely to adopt increased catch-up contribution limits for participants aged 60 through 63.