As Health Care Regs Tighten, Retirement Advisers May Have a Role
Retirement plan advisers can assist peers with health care plan sponsor fiduciary rules, according to some industry players.
In Practice
Top Retirement Plan Advisers Weigh In on Potential, Pitfalls of SECURE 2.0
PLANADVISER’s top retirement adviser pulse survey finds optimism about the legislation, alongside a healthy dose of questions and advice for...
Prudential Research Finds Gen X Particularly Unprepared for Retirement
A survey from Unbiased shows similar findings, with only 30% of U.S. adults reporting high levels of confidence about their...
Young Employees Pulling Back on Retirement Contributions
Morgan Stanley at Work study reveals retirement saving erosion, as retirement head Bunnell notes the ‘central role’ of retirement plan...
House Passes Small Entity Update Act to Evaluate Size Cutoff for Advisories
The bill would require the SEC to study and update its definition of ‘small entity,’ which could significantly impact independent...
Most of Gen Z Respects Financial Professionals, Not Ready to Hire Them
The majority of Generation Z, including investors and non-investors, rely on social media and family members for financial information.
Labor Demand Outweighing Recession Fears for SMBs
Business confidence is down among small employers. But 401(k) and other benefits are likely to remain amid long-lasting tight labor...
Employer Contributions Hit Record High Among Fidelity Savers
The rate was driven by matching employees’ continued 401(k) deferral increases.
Custom Programs Can Reduce Black, Hispanic Employees’ Financial Stress
Targeted coaching for Black and Hispanic employee resource groups led to reduced financial stress for workers, according to Financial Finesse.
ChatGPT Sentiment Analysis Significantly Outperforms Stock Market Average
University of Florida researchers found that using ChatGPT to analyze stocks outperformed the market average.
CFP Board Outlines Best Practices to Retain Diverse Talent
A report on ‘creating DEI-driven culture’ encourages firms to articulate a vision, ensure equitable hiring and offer leadership development.
As States Add Retirement Programs, Private Providers See Growth
This month, Minnesota and Missouri brought the count of state-facilitated retirement plans to 18. Small business providers say state engagement...
Service Sector Employees Lead DC Plan Contributions
Workers from sectors focused on service accounted for $5.7 trillion in AUM in DC plans, doubling over the last decade,...
Schwab Sees Record Attendance in Participant 401(k) Sessions
Participants are favoring virtual sessions, and 18% boost their 401(k) contribution rate after 1:1 engagements.
24% of Participants May Cut 401(k) Contributions
Nationwide Retirement Institute recommends that advisers and recordkeepers work to help participants maintain their financial futures.
Advisers, Participants Skeptical of ESG Investments, but Asset Managers Are Not
Greenwashing by investment funds has contributed to negative rhetoric about ESG, but the practice remains a top initiative for U.S....
Broadridge Finds Increased ‘Democratization’ in Discretionary Investing
The financial firm mined millions of retail investors to learn about investing trends from the last five years.
Advisers Managing Heightened Retirement Plan Committee Turnover
With job turnover rates remaining high, advisers discuss how to manage retirement plan committee churn.
Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
Many Small Businesses Cannot Afford Worker Retirement Plans
Monetary concerns outweigh desire to attract and retain employees, according to a new SMB index from Fidelity.