With LDI, DC Plans Can Address Individuals’ Retirement Obstacles
LGIMA and TIAA executives predict individual investors will adopt some principles of “liability-driven investing” commonly practiced by pensions.
Client Service
Half of Americans Believe All Advisers Must Act in Their Best Interest
Many do not know if their adviser is technically a broker/dealer or an adviser, Personal Capital learned in a survey.
Individuals Concerned About Impact of RMDs on Taxes
Nearly one-third (32%) of individuals surveyed by Allianz Life Insurance Company of North America say they have difficulty understanding how required minimum distributions could impact their overall tax...
Using Behavioral Finance to Boost Retirement Security
IFEBP looks at how emotional, social and cognitive factors can be used to help participants better prepare for retirement and suggests 10 ways sponsors can employ behavioral finance...
End-of-Life Planning Outstrips Retirement Care Planning Among Baby Boomers
Two-thirds of middle-income Boomers know someone who has required retirement caregiving, either in their home or in a nursing home, yet few Boomers are taking action to plan...
Workplace and Retail Advice Should be Complementary
Workers higher up on the income scale typically will utilize workplace retirement advice to get a trusted second opinion, as...
Business Owners Seeking Adviser Help With HSAs
Just over half think health care will be the biggest expense in retirement, a Nationwide Retirement Institute survey found.
Many Widows, Divorcees Feel Patronized by Financial Advisers
If they feel this way, they are inclined to shun advisers altogether, New York Life Investments learned in a survey.
Stretching the Match May Produce Unintended Consequences for NHCEs
A Vanguard study focusing on non-highly compensated employee (NHCE) behavior finds higher match thresholds are typically associated with lower plan participation and lower employee contribution rates.
Helping Participants Overcome Savings Biases
Starting people off with a deferral rate of 3% is actually a disservice, experts agree.
Clear Ground Rules Essential With 3(38) Fiduciary Clients
Experts share strategies for helping advisers taking on 3(38) fiduciary clients understand how they can set up the right processes...
Investors Still Prefer Live Advisers to Robo-Advisers
However, they expect their adviser to be technologically savvy.
Plan Success Beyond the Usual Statistics
High-level averages are often used to talk about the retirement readiness of a given defined contribution plan population, but the...
Debt Weighs Heavily on Millennials
They may be grappling with debt for decades to come, according to Nationwide Advisory Solutions.
Familial Caregiving Impacts Many Clients’ Finances
One in five U.S. adults currently assists an older family member with daily tasks or housing, according to a new survey from RBC Wealth Management; in addition to...
Design of Digital Communications Can Improve Participant Retirement Outcomes
A paper promoted by the Voya Behavioral Finance Institute for Innovation and Andrew Way, with Corporate Insight, discusses the role plan sponsors, and advisers, have in making sure...
Strategies to Manage Retirement Plan Loans
Enshrining these in a well-crafted loan policy statement can help plan sponsor clients take control of leakage and excess early...
Advisers Can Help Plan Sponsors With Their Focus on Fees
In the majority of cases, plan sponsors that participated in Callan’s 2019 Defined Contribution (DC) Trends Survey said their plan consultant/adviser conducted fee benchmarking, and in 2019, sponsors...
Employees Express Preferences for Retirement Plan Communications
Studies from Empower Institute found many commonly used industry terms don’t make sense to their intended audience, and employees perceive retirement plan communications as wordy and long, complex...
2018 Beyond(k): HSAs, Pension Risk Transfer, Student Loan Debt Relief
A look at some of the products and services retirement plan sponsors are requesting outside of 401(k) plans.