Younger Participants Expect Employer To Steer Retirement Plan
Many folks under 30 are “do-it-for-me” type investors.
Client Service
Getting Out of Debt Top Concern for African Americans, Latinos
Debt beat out planning for retirement as the top concern for African Americans and Latinos, an analysis found.
DB Plan Providers Not Shying Away From Enhancing Platforms
DB plan providers are enhancing participant and plan sponsor services, and innovating plan design.
Family Conversations Increase Confidence in Financial Future
Ameriprise Financial says a financial adviser can help families understand their full financial picture with a customized approach to fit their unique needs.
Recordkeepers Focused on Improving Participant Financial Wellness
Focusing on financial wellness education is one of the past year’s most prominent trends in the digital retirement space, with 75% of RPM firms adding new financial wellness...
Female Advisers Try to Include Both Spouses in Meetings
They are also starting to create women’s networks to retain female clients.
Most Employers Interested in Pension Risk Transfer
Most employers who expressed disinterest cite lack of knowledge as a main driver for that decision, a new study finds.
Vanguard Recommends Plans Accommodate Retiring Workers
Allowing for partial withdrawals is among five tips the investment firm gives.
A Mere 10% of Women Are Confident About Retirement
They continue to face several challenges, including lower pay than men.
Retirement Plan Participants Need to Prepare for Lower Returns
Retirement plan sponsors and participants are not prepared for the lower expected investment returns in the future, BlackRock finds, and it suggests actions they can take.
To Truly Help Participants, Consider Their Family Situation
Advisers who inquire about family obligations assert that they provide more comprehensive service.
Advisers and Sponsors Together Can Boost Hispanic Workers’ Retirement Savings
Hispanic workers born outside of the United States have the lowest retirement plan participation rate of all other workers, but several strategies can help reverse the trend.
Addressing Longevity a Crucial Issue for DC Plan Sponsors
DC plan participants need education about how much they will need to fund a 20- to 30-year retirement, and plan sponsors need education about the role of annuities.
Advisers and Clients Must Discuss Risk Together
A new survey finds that only 27% of clients have been informed on potential loss in a market crash.
Financial Wellness Should Focus on Building Confidence
Confidence likely has more bearing than actual financial acumen on a worker’s ability to improve his or her financial situation, Mercer concludes from survey findings.
Couples More in Agreement About Daily Spending Than Retirement Saving
Couples need to set financial priorities, and access to advisers can help, says David Ray with TIAA.
Divorced Couples Approaching Retirement Face Financial Risks
Three-quarters of divorced people in this age range don’t know enough about handling their personal finances.
Succession Planning Essential for Long-Term Advisory Growth
Data shows many small business owners continue to work later in life, making them ripe targets for retirement advice and deep support with succession planning and wealth transitions.
Some So-Called Financial Wellness Providers 'Not Doing It Right'
Retirement plan sponsors need help filtering out which providers of financial wellness education and solutions are free of conflicts and are really helping participants.