From a fiduciary perspective, defined contribution (DC) plan sponsors largely focused their time on fees and compliance in 2013, according to data from Callan.
Participants tend to stay in-plan for a time after retirement, research shows, and may need help deciding how to preserve and maximize their account balance.
More employees are participating in employer-sponsored retirement plans, thanks to plan design changes, but there are still improvements that can be made.
Investors at different income levels define wealth management services differently, research shows, increasing the risk of misunderstanding and client loss for advisers in the channel.
Assets in 529 college savings plans continue to set yearly records, but growth in both the adviser-sold and direct-sold channels is slowing, research shows.