Financial Advisers Feeling Starved of Time with Clients, J.D. Power Reports
Additionally, one in five advisers said they were less than five years away from retirement.
In Practice
Pontera Says Rollover Not Always Superior to 401(k)
New findings reveal 59% of advisers opted not to roll over a client's 401(k) into an IRA in 2022.
How to Protect Retirement Savings Online
Individuals should register on their recordkeeper’s website and regularly monitor online retirement accounts, according to the DOL’s Lisa Gomez.
Rookie Financial Advisers Are in Short Supply
High wash-out rates force firms to focus on recruitment and retention, according to Cerulli.
Gender Savings Gap Closing Among Younger Generations, Bank of America Reports
Account balances among millennial men exceed women by 23%, significantly less than the average gender gap of 50%.
BlackRock, Policy Group Detail Results of Delaying Social Security, Adding Guaranteed Income
Researchers ran participant simulations to show retirement income spending power could get an almost 30% boost with the strategies.
Fidelity Sees Jump in Quantity, Value of RIA M&A Deals Since 2020
During the last three years, 492 transactions took place, compared to 146 during a similar period from 2017 through 2019.
Experts: Plan Committees Need Consistent Focus on Cybersecurity
Communicating digital safeguards to participants and engaging IT teams are key, experts said at the PLANSPONSOR National Conference.
Are Your Clients Insured Against Cyber Threats?
Experts share tips for how plan sponsors can protect themselves from the increasing threat of cybersecurity attacks and evolving litigation.
Median Retirement Plan Value Hits Record Low in 2022
Market volatility also contributed to declines in average plan balances, contribution rates and overall plan participation, according to Alight.
One-Quarter of Pre-Retirees Expect to Delay Retirement, According to Nationwide
An additional 15% are unsure if they will ever be able to retire.
New 401(k) Plan Market Offers ‘Blue Ocean’ for Retirement Advisers
Vestwell’s director of plan design makes the case for advisers to work on small plans, while Sallus Retirement growth officer...
Vanguard’s ESG Support Half That of BlackRock, State Street
Of a sample of shareholder proposals linked to ESG, Vanguard opposed almost three-quarters.
Know Your GLWBs: Assessing Annuity Vehicles as In-Plan Income Options
In-plan guaranteed retirement income options are much discussed, but less often implemented. Here are resources for evaluating and implementing the...
Emotional Needs Outweigh Financial for People Working With FAs
People more often turn to advisers for coaching and piece of mind than for specific financial needs, according to new...
Great Resignation Drives 20% Jump in Forgotten 401(k) Accounts
The left-behind 401(k) accounts are estimated to hold about $1.65 trillion in assets, as of May.
Auto Enrollment Drives Record Plan Participation, Vanguard Reports
After adoption of automatic enrollment increased consistently over 15 years, plan participation reached a record high in 2022.
US Retirement Assets Grow to $35.4 Trillion in Q1
Retirement assets accounted for 31% of all household financial assets at the end of March 2023, according to ICI.
TIAA Research: Retirement Plan Advisers Target Efficiency
Advisers are looking for maximum efficiency while broadening their range of products and services.
How Emergency Savings Serves Low-Income Households
BlackRock research shows that emergency savings balances helped low-income households keep more money in their retirement savings accounts during the...