The firms say their new partnership will allow advisers to provide a personalized investing solution to participants in smaller plans.
Tag: qualified default investment alternative
Advisers should be educated about annuities and how to analyze them to help plan sponsors decide the best products to use.
This is the first time it is pairing a managed account and retirement planning solution from its chief investment office.
Plan sponsors that fully automate their plans are more likely than others to believe their workers are on the path towards a financially secure retirement, J.P. Morgan found.
In addition, a person invested in a stable value fund versus someone invested in a target-date fund could end up with a balance as much as 59% lower, BlackRock says.
Monthly expenses are their second concern, The Standard found in a survey.
However, only 33% are confident about their retirement readiness.
One measure is to encourage MEPs by eliminating the “nexus” requirement.
How Hearst Corp. followed a prudent process to choose its qualified default investment alternative.
Offered by Alight Solutions, WealthSpark combines highly customized investment portfolios designed by AllianceBernstein (AB) with Personal Capital’s digital wealth management tools.
A paper from Morningstar Investment Management lays out a framework for advisers and plan sponsors to determine the qualified default investment alternative (QDIA) that is the best fit for a plan's demographics.