Automated asset-allocation solutions designed for retirees are indeed popular, but the majority of defined contribution plan participants still use the core investment menu.
They believe that the role of advisers has become more holistic, making the profession more appealing and accessible.
Retirement plan advisers can help plan sponsor clients know their providers are taking the right steps to protect participant data—without exposing information hackers can find.
Offering advice about 529 college savings plans can deepen client relationships, though such services are not usually big revenue drivers on their own.
CAPTRUST talks with PLANADVISER about its growth through mergers and acquisitions—and how this speaks to industry trends impacting private wealth and retirement plan business.
Millennials may make different life choices than previous generations, but they are also more engaged at an earlier age with retirement savings in the workplace.
Employee stock ownership plans deliver benefits to employers and employees. Advising ESOPs can bring new opportunities.
There are many succession options for retirement plan advisers planning for their own futures, but whatever route an owner may take, advanced planning will improve the process.
Among the hurdles to offering exchange-traded funds in a retirement plan is the fact that excessive ETF trading can be difficult to manage.
LGIMA and TIAA executives predict individual investors will adopt some principles of “liability-driven investing” commonly practiced by pensions.
Buyer Beware! One experienced matchmaker pairing RIAs with providers of E&O insurance policies likens the space to the Wild West, especially when one looks at the “non-admitted” provider marketplace.
Workers higher up on the income scale typically will utilize workplace retirement advice to get a trusted second opinion, as many of them have an outside primary adviser or broker.
The Great Recession prompted many target-date fund managers to begin to consider tactical glide-path deviations based on market conditions and forecasts.
Experts share strategies for helping advisers taking on 3(38) fiduciary clients understand how they can set up the right processes and procedures—up front—for dealing with client concerns and questions about the investment menu.
For retirement plan advisers, passage of open MEP legislation could change relationships with plan sponsors and providers, as well as create the need for new distribution models.