Retirement Plan Advisers Can Explore Decoupling Designs With Employers
Plan sponsors can take advantage of novel plan designs that share risk, including pooled employer plans, to broaden employer-sponsored benefits.
70% of Eligible Employees Have Joined California’s State-Run Retirement Program
Early evidence suggests the mandate for employers that don’t offer a retirement plan to join CalSavers is driving adoption of new plans.
Why Edward Jones Is Funding Alzheimer’s Research
Advisers Have Window to Help Women Strengthen Retirement Readiness
A survey shows that, because of the COVID-19 pandemic, many women feel they are on the wrong track for retirement.
Legislative Retirement Reforms Over 25 Years Might Have Primarily Benefitted Wealthy Individuals
A University of Virginia law school professor examines the impacts that policy changes, which intended to boost retirement savings, have had on average inflation-adjusted savings for low-income individuals.
Millennial Home Ownership Crippled by Student Debt
Student debt has put those in the Millennial generation at a disadvantage when it comes to turning their education into wealth, particularly in the form of home ownership.
Inflation Figures and Volatility Expectations Confront Investors
While supply chain bottlenecks have lasted longer than initially expected, LGIMA says it believes inventories will eventually catch up as demand moderates.
Employees More Concerned About Immediate, Rather Than Future, Financial Needs
However, a survey suggests engagement with financial wellness programs boosts retirement confidence.
Increasing Exposures to Private Equity Boosts Retirement Security
EBRI research shows the impacts on participants’ retirement security of replacing TDF equity exposures with private equity allocations for participants who have access to a plan and invest in TDFs.
Long-Term Care Insurance Payouts Jumped During 2021
Clams paid this year represent a $2 billion increase over the total benefits paid by the long-term care insurance industry in 2018.
Cash Balance Plans More Popular With Smaller Plan Sponsors
An analysis from October Three also finds certain industries are more drawn to the plan design that is viewed as less risky than traditional DB plans.
How Consumption Changes as Retirement Progresses
The traditional view is that retirees prefer steady consumption as they age, but research suggests that spending declines as retirement progresses.
Dissecting a ‘Historically Tight’ Labor Market
New capital markets research from Wilmington Trust assesses a trend seen in the global economy, where the number of job openings far outpaces the number of available workers, causing supply chain disruptions and elevating the importance of compensation and employee benefits.
Financial Actions Taken During the Pandemic Are Enduring
While surveys find many Americans are not making New Year’s resolutions, those who do are succeeding in making positive financial and savings changes for the long term.
Business Owners Are More Confident With Adviser Collaboration
Nonetheless, economic uncertainty and market volatility continue to be top concerns when it comes to business owners achieving their financial goals.