Beyond the general education about how to much to save and how to invest, retirement plan participants have issues at different life stages that need to be addressed.
Two-thirds of defined contribution (DC) plan providers have launched mobile initiatives focused on plan participants, with more companies planning them, LIMRA found.
Middle-income Baby Boomers would be less likely to save for retirement if taxes are increased or if tax incentives for retirement savings are reduced or eliminated.
Registered investment advisers (RIAs) and dually registered advisers are the fastest-growing channels, according to research from Cerulli Associates in Boston.
There was no decline in retirement preparedness among employees in 2012 despite a decline in overall financial wellness, according to data from Financial Finesse.
Less than half (43%) of Americans who are actively planning for retirement intend to meet with a financial adviser to review investment strategies this year.
Investors using both a workplace savings plan and an individual retirement account (IRA) show a combined average balance of $225,600 as of December 31.