Tag: Participants

Competing financial priorities are keeping people from saving for retirement what they know they should, a survey finds.

Plan sponsors need to take a closer look at the various components that determine the health of a plan in order to remain compliant with regulators and to...

Kicking off the 2017 PLANSPONSOR National Conference, the panel discussed key plan design features that can boost participant engagement.

Research by Charles Schwab finds majority of employees would engage with a financial wellness program if offered one, and employers are taking note. 

The three-day event featured speakers from the DOL, top ERISA law firms and plan providers, as well as high-performing plan sponsors from across the U.S.

At year end 2016, the percentage of participants with an outstanding loan balance was 17.0%, compared with 17.4% at year end 2015.

The use of automatic features has also benefited participants, Vanguard says.

Fiduciary Benchmarks is planning to launch a series of services in response to the DOL’s conflict of interest rule.

DC plan providers are turning to cloud-based technology and other solutions to redesign communication geared toward different generational groups.

Imagine Retirement Right is Mutual of Omaha’s patent-pending approach to motivate employees to take an active role in improving their retirement savings.

Providing access to one-on-one financial planners who can create a customized plan for employees can help employees gain confidence in their financial well-being.

In the midst of ongoing litigation regarding excessive fees, plan sponsors need an understanding of the different fund share classes available and how they affect fee structure. 

One-quarter of people in the 18 to 29 age bracket are planning on drawing down from Social Security in their retirement.

Stress testing the impact of individual behavior and circumstance, along with market returns, can be especially useful. 

Nearly half of people without an adviser have taken no steps to address the possibility of outliving their savings—three times as many as those with an adviser. 

More than half (55%) of survey respondents say they feel prepared to manage their income in retirement, yet only 21% anticipate their nest egg will last for their...

As people age, the percentage dissatisfied with their approach to retirement, in terms of timeliness, increases.

The debt is also preventing them from buying a home or starting a family.