Stretch That Match to Get Participants to Save More
Most workers save only enough to get the employer match, according to research from LIMRA.
Tag: Advice
T. Rowe Price Latest to Adopt SmartDollar Financial Wellness
Retirement plan clients of T. Rowe Price using the firm’s Retire With Confidence program can now access Dave Ramsey’s SmartDollar financial wellness solution.
Jackson Launches Morningstar-Powered Tax Deferral Illustrator
New tool from Jackson and Morningstar offers advisers the ability to create client-specific tax illustrations in real time.
NextCapital Expands Advice Channels
In partnership with Pershing LLC, “we are now allowing partners to deliver advice not only across DC plans but to retail investors,” says Rob Foregger, co-founder of NextCapital.
LPL Guidance Offered to OneAmerica Retirement Plan Participants
OneAmerica has made available to plan sponsor clients Worksite Financial Solutions’ Employee Transition and Engagement Solutions.
IRA Owners Prove to Be Diligent Retirement Savings Stewards
More than two-thirds have consulted an adviser to build a financial strategy.
Private Pensions Are Hungry for Consulting and Advice
Living firsthand through some seriously tough times for defined benefit plans, many pension plan sponsors are turning to advisers and consultants for help.
Boomers, Gen X Prefer Advisers’ Personal Touch
Older investors do not trust robo-advisers.
How to Reassure Participants When Interest Rates Rise
Two ways to gird against participant panic: educate participants and build the right bond options into the lineup.
When Advice Is Missed, Clients Act Out of Fear
More than eight in 10 advisers polled by Eaton Vance report fear is the primary motivator for clients.
Data Points
Most Plan Sponsors Offer Advice
But micro and small plans are more apt to rely on an adviser to deliver it.
trendspotting
Trendspotting
A look at the latest concerns and actions among employees, and what they mean for advisers
Money Intel Jumps into Small-Plan Market
Money Intel announced the launch of a 401(k) platform specifically designed for small- and medium-sized businesses and their employees.
Leakage Is a Serious Problem for 401(k) Plans
Millennials and those with balances lower than $20,000 are at the greatest risk for cashing out.
Couples Can Clash Over Money Even Before They're Attached
Money issues are sensitive, especially for couples.
Retirement Savers Value Formal Written Plans
Most pre-retirees and retirees surveyed said they would not have been as financially successful without a formal written retirement plan.
Some Boomers and Retirees Are Optimistic on Finances
More affluent Baby Boomers and current retirees say they have less trouble sticking to a long-term investment strategy to fund their golden years.
Many in the Workplace Face Daily Money Worries
It is an important fact for retirement specialist advisers to keep in mind as they find and serve new clients—almost everyone feels stressed about money and finances during...