There's a unique opportunity for employers and advisors to connect interested employees with ongoing financial education and tools to set them up for financial success, according to a new survey.

Companies might prioritize flexible retirement plans that can make it simple for employees to save for their future or offer auto-enrollment to help new employees save for the long-term.

It's a new era of "employee-centric" retirement benefits – workers now want a plan that follows them from job to job and doesn't require a rollover, according to a new study.

Since many higher education institutions can't compete with the desire for employees to work completely remotely, 90% of them said a DC plan is key and half of the colleges and universities have added or increased employer match.

Reducing monthly expenses can extend a retiree's $500,000 savings by more than seven years, according to the financial advisory firm, which examined three sample retirement portfolios.

Even though only 39% of investors (and 48% of investors) say they're optimistic about a 12-month financial outlook, advisors need to step in to create a sense of security and confidence in investors' long-term plans, says new report.

In-plan retirement income solutions are now on the priority list with at least eight new products, such as target payout funds and in-plan annuities, having been launched by major asset managers and insurers since 2020.

A 7.5% increase is expected due to delayed preventive care during the pandemic, however, employers are hesitant to increase employees' portion of the benefit cost coverage.