Tag: Participants

The Bank of America Merrill Lynch "401(k) Contribution Activities Scorecard" for Q3 2010 found modest improvements in participants’ saving behavior, but also record levels of loans and hardship...

Forty-six percent of 50 to 60 year olds have a target retirement date or age in mind, 38% have a target nest egg in mind, and 34% have...

Nationwide Financial Services hired five Field Service Representatives (FSRs) for its private sector retirement plans sales force.

To mitigate retirement savings losses from the economic downturn, more workers would rather work for a few extra years rather than trying to live on a tighter budget.

Plan advisers and sponsors can help participants take an in-depth look at their retirement situation with the new tool from Nationwide.

After two years of resolving to do better with their finances, Americans are putting relaxing and having fun at the top of their New Year’s resolutions list.

Retirement planning is the most difficult financial task for those participating in a recent study of retirement and savings trends by Hearts & Wallets.

A recently commissioned survey indicates that employer-sponsored retirement plans are highly important to the workers who participate in them, but most are not maximizing their savings power.

ING added a calculator to its Web site to help demonstrate the potential long-term financial impact of retirement plan contribution rate changes.

The Employee Benefits Group division of Sun Life Financial launched the “YOU” campaign to help employers engage employees during voluntary benefit enrollments.

Primax Payment Systems partnered with Northeast Retirement Services and Union Center National Bank of Union, New Jersey to launch an optional service providing solutions for the administration and...

Large-size U.S. plan sponsors recently surveyed believe participation in defined contribution plans should be mandatory, with immediate vesting of employer contributions.

Eighty-five percent of retirees recently polled said there should be no mandatory retirement age.

Nearly half of individuals surveyed by The Hartford said retirement benefits are more important now than before the start of the recession.

Eighty percent of baby boomers surveyed in a poll commissioned by Humana indicated they have changed their retirement expectations, with 44% expecting to work longer.

The Newport Group introduced a new personal account aggregation feature for participants in its plans.

AARP has revamped its retirement calculator “to enhance usability, but maintain accuracy in its results.”

Advisers are facing several new challenges in the “post-recession” climate, and many feel that they have to tackle these challenges on their own, according to a survey conducted...

The Principal Financial Group created the “Savings-to-Employment Income Ratio” to help investors estimate the health of their retirement savings; a white paper was written to complement the tool. ...

As defined contribution (DC) plans have much more inherent risk than defined benefit plans, participants, sponsors, and advisers need to take a more hands-on and active approach to...