With a volatile stock market commonplace and retirement plan participants confused about investments, the role of advisor and investment committee is key. We keep advisors informed about ETFs, TDFs, REITS, HSAs, and more.
Nine out of 10 women said they would be at least somewhat likely to roll over their money into an in-plan protected retirement solution if it was offered to them, according to a new Nationwide Retirement Institute study.
There's a major shift underway in the financial services industry – the convergence of workers' retirement and wealth needs, which have been placed in separate domains, much to the dismay of the average investor, says T. Rowe Price.
Target date funds are becoming a crowded space in the marketplace and managers are looking for ways to differentiate their products through personalization and retirement income, says a Mercer report.
As ideas on how best to help employees save money for retirement continue to advance, employers and plan sponsors will need to stay abreast of the changing regulatory requirements and evolving participant needs.
With just 24% of workers feeling confident that they'll be able to retire comfortably, a new report identifies key focus areas where employers can make a difference, such as employees with student loans and low-income workers.
"Employment extenders" - a growing segment of employees working beyond the traditional age of retirement - have unique needs that may influence how they use existing benefits but simultaneously be looking for new offerings.
Some of the new retirement regulations are mandatory, such as increases in mandatory distributions, while some are optional, like the student loan matching contributions, but the changes are significant for every generation.