Even among participants who said they were very familiar with their plan's fees, 33% hadn’t read any fee disclosures in the past year, according to research from The Pew Charitable Trusts.
Nearly half (48%) of Millennials want their employers to provide access to a financial professional to create a personalized financial strategy.
Sixty-four percent of Millennials say they are confident about making investment decisions—but this soars to 85% when working with an adviser.
The technology conversation is no longer simply about the amount of data available, but rather how it is used and, more specifically, how granular it is, as to the view it affords advisers.
Investors say the most important question an adviser can answer is how much can they afford to spend each year in retirement, according to a Dimensional Fund Advisors survey.
The GAO and the Treasury Department have also called for greater use of DC plan lifetime income options.
By making workers aware of health and financial benefits, employers can make their workforce more engaged and productive—and avoid costly expenses.
Because of shared and predictable expenses, they also offer greater benefits than defined contribution plans, the National Institute on Retirement Security says.
DC plan sponsors may want to offer a true-up match to help participants reach their retirement savings goals.
There seems to be no consensus on a definition of the trendy term, but plan advisers can create their own business model for offering a ‘financial wellness’ program.
Nominating a plan sponsor client is a great way to show appreciation and highlight important best practices that are improving outcomes for defined contribution and pension plan participants. Nominations for all types of retirement plans will be considered, so don’t delay.
Segal Marco Advisors suggests a framework to identify and manage operational risks for public sector DC plans that could also be used for corporate plans.
A study suggests best practices for advisers to gain an investor's confidence.
L. Rita Fiumara from UBS shared generation-specific insights that can help shape retirement plan communications.
Shlomo Benartzi shared tricks for ‘digital nudging’ with attendees of the 2017 PLANADVISER National Conference.
Panelists discussed a number of “game changing” applications, noting that new ones are constantly being introduced.
Social Security and Supplemental Security Income recipients will see a 2% increase next year—the largest increase since 2012.
Two winners of 2017 Plan Sponsor of the Year awards reveal how their adviser helped move the dial on their plans.
Two leading retirement industry executives refute the claim that the nation faces a retirement crisis and point to several ways retirement plans can be strengthened.
J.P. Morgan Asset Management’s Anne Lester describes best practices and emerging strategies for helping plan sponsors deliver better participant outcomes in an evolving retirement landscape.