Data from RFP assistance provider InHub reveals why plan sponsors search for new plan advisers, what they ask for, and mistakes advisers make in the RFP process.
Teaching defined contribution plan sponsors to manage money more like their pension plan counterparts—and other large institutions known for efficient investing—leads to better outcomes, experts say.
Part of what makes universal retirement planning advice hard to apply is that consumption datasets are inherently noisy, and “savings is the flip side of consumption.”
“A phone consultation, an illustration of lost future value, or an example of net take-home after taxes can effectively dissuade participants from accessing retirement funds prematurely,” according to a new paper from Cerulli Associates.
Hundreds of thousands of frequent flyer miles and dozens of client meetings across several continents will give a DC industry pro some interesting perspective on cross-border financial planning trends.
Many couples face the special challenge of planning for two retirement dates that may be years or even decades apart.
Inertia is a term usually reserved for retirement plan participant behavior, but plan sponsors can also drag their heels.
There are several factors to consider when deciding whether and how to implement automatic enrollment before making it a done deal.
Assistant professor at the University of Missouri suggests advisory clients’ decisionmaking is often impaired by cognitive decline—putting the impetus on advisers to watch for clients’ mental dips.
For some clients there are major potential benefits in converting pre-tax retirement plan accounts to a Roth account. For others it’s a pretty bad idea and can lead to large unexpected tax bills and other challenges.
Experts suggest the Affordable Care Act offers options for those seeking early retirement but needing, for obvious reasons, to maintain affordable medical coverage traditionally only found in the workplace.
Advisers registered with NAPFA share the top pieces of advice for investors five, 10 and 20 years out from retirement.
Generation Y expects to work until they die, “so why bother saving in a retirement plan.”
Head of insurance solutions at Lincoln Financial Distributors suggests advisers have as much to gain from education around long-term care planning as clients do.
Academic scholar and adviser to the Georgetown Center for Retirement Initiatives shares his ideas for creating state-supported “individual DBs” to bring workplace retirement benefits to more private-sector workers.
Retaining the stock may be best despite litigation risk—and advisers can show the plan sponsor how to do company stock in DC plans the right way.
More plan sponsors are looking to expand their plan’s mobile capabilities. We ask what retirement plan advisers need to know about leveraging mobile tech.
Longevity misconceptions, changing American families and the rise of smartphones are vital factors in burnishing the industry’s image.
Employers cite several reasons they think employees don’t participate in their 403(b) plans, but it may come down to employees’ inability to save more.
Plan advisers should consider which fiduciary role they want to take.