DC Advisers: Managed Accounts Not Yet Default Threat to TDFs
A survey of retirement advisories did, however, show increased interest from plan sponsors for in-plan retirement income options.
In Practice
Breaking Barriers: Reimagining How to Attract, Retain Women in Finance
It’s a well-known and widely discussed fact: Women are significantly underrepresented in the financial adviser community. How can we change...
The Mental Health Benefits Push
Employee benefit providers are seeing demand for mental health programs to supplement retirement saving and financial wellness offerings.
Why Almost Half the ‘Sandwich Generation’ is Delaying Retirement
Nearly one out of every two Americans between the ages of 40 and 59 are using retirement savings to support...
Fidelity Finds 22% of Plan Sponsors Actively Searching for New Adviser
Among those looking, 38% they were seeking an adviser offering more extensive services.
Construction, Farming, Among Sectors with Lowest Retirement Plan Access
There is a role for financial advisers, accountants, and payroll providers to improve the plan coverage gap across industries, alongside...
Nationwide Reports Americans Worry Social Security Will Deplete in Lifetime
A separate survey by F&G Annuities and Life found 44% of U.S. retirees have returned to work or are considering...
HSA-Eligible Plans Cover Increased Use of Certain Medical Services, EBRI Finds
Following a 2019 IRS policy change, 75% of large employers offering HSA-eligible plans have expanded their pre-deductible coverage for chronic condition-related medication.
Investors Nearing Retirement Seek Strong Support and Brand Familiarity, Cerulli Reports
Latest research found 45% of investors prefer an adviser affiliated with a national firm when they are nearing retirement.
Big Increase in Health Care Costs Projected for Employers in 2024
Aon estimates per-employee cost at more than $15,000, up 8.5% from 2023 figures.
Few Americans Report ‘Financial Freedom’ Amid Record High Credit Card Debt
Research from Achieve suggests Americans are struggling to make ends meet, but separate research from WalletHub notes inflation is masking...
Why Short-Term Financial Stress Hurts Long-Term Savings
A T. Rowe Price retirement expert finds participants who take multiple short-term loans end up with less retirement savings—furthering the...
With Roth Use Set to Grow, Vanguard Stresses Participant Education
The firm’s retirement head says its plan sponsor clients are ready for implementation, but participants can use more information.
Plan Adviser Industry Needs to Adapt to Get Younger, More Diverse
A panel of top advisers discusses how to shake up the typical hiring channels, and even how the industry is...
How Advisers Can Help Close Longevity Literacy Gap
Experts recommend providing appropriate interpretation and practical implications of longevity terminology.
WTW: Employers Ramping Up Nonqualified Saving Options to Draw Key Execs
75% of employers made changes or plan to make improvements to their nonqualified deferred compensation plans, according to a survey.
Fidelity: Auto Default Contribution Rate Hits All-Time High of 4.1%
The recordkeeper’s Q2 participant report also finds third-consecutive boost in average retirement account balances on strengthened markets.
Florida, Georgia, and Rhode Island Rank Lowest for Employer-Sponsored Retirement Plans
Iowa, Idaho, and Montana came out on top when it comes to accessibility to workplace 401(k)s, according to analysis from...
Advisers Can Leverage Plan Sponsor Openness to Plan, Investment Changes, Research Finds
Plan sponsor interest in areas such as reenrollment, in-plan retirement income, and financial wellness programs have grown, finds JP Morgan...
New Fiducient Advisors CEO Sees Financial Wellness as Key Focus Area
Sabrina Bailey says she is going back to ‘true roots’ of shaping investing and retirement outcomes for end clients.