Working to age 70 will not guarantee adequate income in retirement for many, according to research from the Employee Benefit Research Institute (EBRI).
Households that defer less than 10% of their salary for retirement savings are at risk for not meeting their retirement goals, Putnam Investments’ research found.
Participants who choose their own investment options are generally exposed to greater risk than target-date fund (TDF) investors, according to research from Principal Financial Group.
Honest and practical education, social media communications and proper incentives will result in increased retirement plan participation for Generation Y employees.
The Institutional Retirement Income Council (IRIC) has appointed Jeff Eng, director of retirement income solutions at Russell Investments, to its group of retirement plan advisers.
A true understanding of longevity risk is the needed catalyst for U.S. corporate pension plans to more actively adopt de-risking strategies, according to Prudential.
Although the majority of defined contribution (DC) plan participants say a DC plan is their primary retirement savings account, they are not putting enough in.
Embedding in-plan guaranteed retirement income options in defined contribution (DC) plans is a key solution to improve DC plan participants’ overall retirement preparedness, a white paper asserts.
Most advisers (95%) believe their investment strategies will help clients meet retirement income needs, despite the challenges of managing volatility and generating sufficient income for current retirees.
Defined contribution (DC) plan participants transferred monies from equities into fixed-income investments in June despite the market rally, according to the Aon Hewitt 401(k) Index.
Brian Schweitzer became strategic account manager, Craig Miller was promoted to key account manager, and Tina White was promoted to IO sales desk supervisor.