August 5, 2015

Talking Points

Tired of giving the same old presentations? Use these nuggets of information to spruce them up.

Reported by PLANADVISER Staff

Target-Date vs. Target-Risk Funds
Nearly seven in 10 retirement plans (69.8%) have a target-date fund as opposed to a target-risk fund (39.5%), the 2014 PLANSPONSOR Defined Contribution Survey found.

88% Seeking Guidance
A substantial majority of employees (88%) “strongly favor” or “somewhat favor” employers that provide tools to help them determine if they are saving the correct amount for a financially secure retirement, according to a report from Northern Trust.

Off Their Game
More than one-third (37%) of plan sponsors are unaware that they are fiduciaries, up from 30% in 2011.
Source: AllianceBernstein

Debt Concerns Easing
Only 13% of workers and 9% of retirees say that debt is a major problem, down from 20% of workers and 16% of retirees who said so in 2014.
Source: Employee Benefit Research Institute, 2015 Retirement Confidence Survey

“Perpetual optimism is a force multiplier.” – Colin Powell