Recordkeepers’ consistent evolution
It takes more than automatic enrollment to valuably increase participation and engagement.
The idea that people worked for one company their whole lives and then got a “fat” paycheck at the end is not proven by evidence.
Advisers need to go beyond automatically enrolling participants—to get them to take real interest in their retirement future.
Legislative and judicial actions.
Larger plans are beginning to embrace products that guarantee income.
For some advisers, it’s their tool of choice for building client relationships
Target-date funds are on the verge of reaching $1 trillion in assets
Context and presentation are factors
Americans equally concerned about both
Divorce may create a financial crisis
Innovations in medicine and technology have extended human life by more than 30 years since 1900, which has helped to double the time the average adult now spends in...
Only 17.0% of people have an outstanding loan from their 401(k) last year
Most older Americans know very little about annuities
Employers are seeing how the benefit helps their bottom line.
The majority (75.3%) of the employers responding to the Plan Sponsor Council of America (PSCA) HSA (Health Savings Account) Snapshot Survey view HSAs as part of their retirement benefits...
People use them as both a savings and a rollover vehicle
Fidelity finds that people squirrel away an average 12.9%
Even Americans younger than 30 expect it will still exist
A look at employees' latest concerns and what these mean to advisers.
Non-cookie-cutter plans require non-cookie-cutter services
The adviser’s role when working with a client’s multiple retirement plans.
How to advise sponsors about switching to managed accounts as the QDIA
How advisers focused on micro plans grow their business
How the fiduciary rule impacts them
Might other states apply this fiduciary guideline to advisers?
Besides the claims of breach of fiduciary duty made of late against plan sponsors that offer proprietary funds, there have been claims of prohibited transactions. With respect to the...