Franklin Templeton Investments’ DC business leader urges lawmakers and fellow industry pros to take a more holistic view of the U.S. retirement system—and to be thoughtful about planning...
Helping plan sponsors make certain plan design decisions and helping employees make the right savings and investing decisions can significantly increase retirement outcomes, the GAO found.
“Given so many Baby Boomers are retiring or preparing for retirement, it is not surprising that advisers are seeing more of their business dominated by the needs of...
David Walker, former head of the Government Accountability Office, called on the retirement industry to work alongside government and community leaders to build a better financial future for...
A survey found that employees are confused about benefits including group retirement plans, but retirement is their most important financial goal and they would like help from a...
The vast majority of employees saving for retirement say their financial decisions are most impacted by family and friends, according to the International Foundation of Employee Benefit Plans.
In addition, the average balance for people who have been in their 401(k) continuously for 10 years increased 2% year-over-year, according to Fidelity data.
The younger generation wants help with financial planning and investing, but tends to rely on friends and family for advice rather than working with an adviser.
Nearly two-thirds of 403(b) plan sponsors engage an adviser or consultant, and survey results suggest that this number could be on the rise, a Cerulli report says.