In Practice

Advisers are used to addressing their clients’ behavioral biases when it comes to market risks and returns, but a new white paper suggests they need to do more...

A survey by Voya also found that sponsors do not always understand the services that advisers provide, which means that advisers need to communicate their value more effectively.

Introducing auto portability and allowing open multiple employer plans (MEPs) were simulated to have the biggest impact on decreasing the retirement income deficit.

GAO says the two agencies do not share enough information on these exemptions, and that sharing more information would lead to greater transparency and consistency.

Seventy-five percent of workers said that if they were offered savings options at the time of a raise, they would be less stressed and more confident about their...

This is assuming their health is average, according to Milliman. 

It remains to be seen whether or not Gen Xers can change their savings and spending habits to catch up, EBRI says.

Women place more importance on advice that fits into their work or personal schedule, as opposed to men who place more importance on advice that alerts them to...

Forty-two percent don’t even know it is possible to keep assets in a plan once one leaves an employer.

Financial stress is on the rise in all generations, indicating that financial wellness programs are missing the mark, according to PwC. A new survey report from the firm...

EBRI found a significant difference in retirement deficits when comparing the current environment where defined contribution plan participants rollover their assets versus a hypothetical state where workers never...

The study finds that participants who join plans with a TDF default contribute to fewer funds and are significantly more likely to choose only TDFs for their allocations.

In 2016, the average plan offered 27 investment options, according to a report from BrightScope and ICI. 

Women are even more concerned than men.

Both groups have become less optimistic since the start of the year, according to Nationwide. 

At year-end 2018, 66% of new plan entrants were enrolled via automatic enrollment.

Even though African Americans make up about 13% of the United States population, the U.S. Bureau of Labor Statistics reports this group accounts for only about 7.6% of...

Employees of all income levels face distracting financial stress, survey finds.

Country Financial, which surveyed American parents, urges them to form a realistic, long-range plan.

Companies that help retirement plan sponsors with investments also provide benefits to their own employees; in some ways, assets managers’ plans resemble the broader marketplace, while in others...