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.
Tag: Fidelity
District Judge Narrows Ruling Against AT&T Brokerage-Window Fees
Retirement industry groups argued that the original decision could question the compliance of almost every defined contribution plan that offers...
This Year’s Retirees to Spend $185K on Medical, Healthcare Costs, per Fidelity
The figure jumped by more than 7% year-over-year.
Fidelity Adds Guaranteed Income-Embedded CITs to Target-Date Lineup
The suite will include optional allocations to lifetime income through Nationwide and New York Life.
Q1 401(k) Savings Rate Climbs to Record 14.4%
Fidelity also found that 403(b) contribution rates reached a new high in the first quarter, despite market volatility.
Fidelity Reaches $1.25M Settlement Over 2024 Data Breach
Personal data of about 77,000 customers were accessed by an unauthorized third party, according to Massachusetts regulators.
Fidelity: Private Equity Reigns Over M&A Year
Mergers and acquisitions of RIAs have more than doubled between 2020 and 2025, and nearly three-quarters of last year’s strategic...
Pontera, Fidelity Fight Over Third-Party Access to Plan Data
The fintech company argues that the nation’s largest recordkeeper is overreaching by restricting third-party access to accounts.
Fidelity, Centene Face ERISA Suit for Excessive Fees, Misused Forfeitures
Fidelity is accused of creating a conflict of interest by having its affiliates serve as trustee and investment advisers to...
92% of Plan Sponsors Work with Advisers, Per Fidelity
Retirement plan sponsors’ satisfaction with plan advisers is strongly linked to participants’ retirement readiness, according to the latest Fidelity Plan...
Fidelity Retirement Accounts Surge Back to Record Highs in Q2
Robust savings and a market rebound pushed balances higher, with ‘401(k) millionaires’ reaching a new peak.
Nurses Show Symptoms of Financial Insecurity
A Fidelity survey found that while almost all nurses participated in defined contribution plans, only 56% of them were on...
Auto-Portability Reaches 2.2M Fidelity Participants in Attempt to Limit Cash-Outs
The firm’s Q3 report also found average 401(k) and 403(b) account balances at record levels.
Survey Finds More Parents Willing to Chat With Kids About Finances
More Americans say they want to have ‘money talks’ with their families, according to a Fidelity report.
Parents Deprioritizing Retirement to Save for College
Additionally, more than one-third of parents reported no financial plan for meeting their broader goals.
Fidelity Reveals Top 5 Optional Provisions Plan Sponsors Are Most Likely to Adopt
Survey shows plan sponsors are most likely to adopt increased catch-up contribution limits for participants aged 60 through 63.
Fidelity Sees Record High 401(k) Contribution Levels
Latest participant data also shows that small business employees with access to retirement plans save more than traditional 401(k) participants.
LIMRA Says Advisers Key to Driving In-Plan Annuities
Advisers will play a critical role in working with sponsors if the product offering is going to get traction, insurance...
Tech-Savvy Wealth Managers See Higher Client, Asset Growth
Advisories that leverage technology see better results both for clients and employees, according to Fidelity surveying.
Fidelity Launches Hub to Assist Advisers’ Organic Growth Strategies
The new platform is aimed at helping advisers acquire clients, build partnerships and scale their businesses.