In Practice

Unforeseen negative tax consequences often hit job changers when they decide to move money from their previous employers’ retirement plans without sufficient know-how; in an extensive new report,...

Looking to 2018 and beyond, traditional advisers, brokerage firms and banks are widely (and aggressively) seeking to integrate digital advice into their service offerings; the CFP Board Center...

Anne Ackerley, head of BlackRock’s defined contribution business, sat down last week with PLANADVISER to offer a sneak peek at the DCIO provider’s latest DC Pulse Survey; the...

This includes 13% who do not plan to ever retire, according to the Transamerica Center for Retirement Studies.

According to data from CEM Benchmarking, defined benefit pensions have outperformed defined contribution plans by less than half a percentage point over the last decade—described as a “huge...

A study from the TIAA Institute finds focusing on financial literacy and understanding of exponential growth boosts participation and savings in an opt-in DC plan plan, while efforts...

Men are saving an average of 8.9%, and women, 6.4%, PenFed Credit Union found in a survey

This is down from 59% in 1998, according to Willis Towers Watson

Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found that debt is a major obstacle preventing many...

Annually, the top tier of retirement plan advisers from across the U.S., including the PLANADVISER Top 100 and the PLANSPONSOR Retirement Plan Advisers of the Year, gather in...

Only 25% expect life to be better in retirement, Nationwide found in a survey.

Fifty-three percent say that working with an adviser could help them meet their goals.

Only one-third are participating in their retirement plan

Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey

However, this is not always the case for lower-income workers.

Concerned that workers are not saving enough, employers are hoping to improve their financial security, Willis Towers Watson found in a survey.

Only 2.4% discontinued contributions, a mere 2.8% took withdrawals and just 1.3% took hardship withdrawals, ICI data show

The book continues to show that plans with higher average account balances pay lower total fees.

Some of today’s retirees are financially fragile, but most appear able to absorb financial shocks without incurring severe hardship; this may very well change in a DC plan-dominated...

The study also found that 56% of retirees who work with an adviser own an annuity, compared to 28% of retirees who do not work with an adviser.