Natixis Index Reveals Declining US Rank, Eroding Retirement Structure
Most survey respondents (81%) said they are becoming responsible for their full retirement fundings, breaking the three-pillar retirement model.
Data & Research
Private Market Returns in DC Plans Depend on the Plan’s Design, per CFA Institute
Researchers say plan fiduciaries should focus on participant outcomes, fees and portfolio construction vs. access to private assets alone.
Gen Z, Millennials Prioritize Retirement Savings as Homeownership Slips Further Out of Reach
Sixty-three percent of first-generation wealth builders said they would prioritize saving for retirement over buying a home, according to a...
ICI: US Retirement Assets Reach $51T in Q2
With an increase over Q1, defined contribution assets make up 33% of household financial assets.
Pre-Retirees Seek Retirement Saving Agency but Lack Investment Savvy, per Edelman
Among surveyed pre-retirees, 84% said they preferred to play an active role in their retirement planning and saving decisions.
AI Use Surges Among DC Advisers, Consultants, per T. Rowe Price
Task automation using artificial-intelligence-powered tools more than doubled among survey respondents since last year.
Most Retirees Rely On Irregular Savings Withdrawals, per Vanguard
Confusion about income streams and required minimum distributions left many mass affluent respondents underspending.
AI Brings Gains for Time Management, but More Mistakes, Too
While recent artificial intelligence developments are bringing new, flashy tools to adviser toolboxes, human necessities are taking a back seat.
EBRI: Universal Student Loan Match Program Could Boost 401(k)s by Billions Yearly
While younger borrowers are most likely to have debt, those in their 40s see the biggest difference in their 401(k)...
LIMRA: Final Q2 Annuity Sales Lower Than Expected
Second-quarter sales of annuities were $2.7 billion lower than initial projections.
August Saw Record Slow Trading in 401(k) Accounts, per Alight
It was the quietest August in 30 years of data for daily trading activity, as fixed-income investments continue to take...
Participants’ Satisfaction With Digital Plan Experience Translates to Plan Asset Retention
Mobile apps ‘significantly outperform’ websites in participant reviews, according to a study by JD Power.
Advisers Boost Widowed Adults’ Financial Confidence, per Study
Among widowed adults surveyed by Ameriprise, 58% wanted someone with whom they could share financial decisions.
Fidelity: 41% of Plan Sponsors Want Advisers to Handle Investment Menus
New investment options are a goal for 89% of surveyed sponsors, but a growing number want advisers to make the...
Employers Anticipate Healthcare Costs to Rise for 5th Consecutive Year
Marsh estimates the largest year-to-year upsurge in the price of medical benefits in more than 20 years.
Reduced Work Hours Tied to Outsized Cuts in Retirement Benefits
Benefits for both defined contribution and defined benefit plans suffer when public sector employees switch to part-time hours, according to...
DC Account Balances Reach Record Highs in Q2
A Fidelity report found 401(k) balances grew by 10.5% over the quarter, a nearly six-year record.
Participants Want Simplified Investments in DC Lineups, per Vanguard
Even with sponsors offering a large menu of options, two-thirds of participants only used one fund.
PBGC Updates 4 Categories of Interest Rates in August
Pension plans and multiemployer plans use the heightened rates for valuation and funding purposes.
Program Administrator, Multi-State Partnerships Sought by Washington Saves
The state-facilitated retirement program is expected to launch next July.