Data & Research

The advisory, insurance and asset management industries have never been so ripe for consolidation, merger and acquisition experts agree.

The SPARK Institute and DCIIA will work together to accelerate the development of retirement plan industry technology, prevent cyberfraud and study the potential role of blockchain.

One overlooked benefit of HSAs is that people can actually spend money on qualified health care expenses out of pocket and then reimburse themselves tax-free via the HSA once they enter retirement. 

Well over half of advisers are not communicating with clients via video, and only 7% are utilizing video to connect with clients on a regular basis.

Morningstar examines 2019 proxy voting data in the emerging age of ESG.

There is clearly a growing interest among retirement plan industry stakeholders in providing guaranteed income annuity options within defined contribution plans, yet consensus remains elusive.

The vast majority of today’s retirees still draw the lion’s share of their income from Social Security and pensions; however, in coming years the balance will very quickly tip to private savings sources such as 401(k) plans.

Willis Towers Watson’s Thinking Ahead Institute says defined contribution plan designs and communications will leverage technology to deliver a far more customized experience for participants.

Housing is the biggest spending category for every age group, according to EBRI’s findings.

While 75% of employers consider their companies to be “aging friendly,” only 54% of workers think their companies have adopted such policies.

Whether by video or written text, researchers found a short story significantly improved test scores about annuities and Social Security claiming.

They impact participation, contributions and asset allocation, according to a research paper supported by a grant from the Social Security Administration.

Considering automatically rolling balances from one plan to another for participants who terminate employment with small balances plan sponsors are allowed to cashout, EBRI found additional accumulations over 40 years would be $1.5 trillion.

It should start with determining sponsors’ concrete goals and can then move to usage metrics.

Two-thirds of small businesses that currently do not offer a retirement plan say that they would consider doing so through an open MEP, Empower learned in a survey.