Retirement

Plan sponsors should continuously evaluate whether their programs align with organizational goals, participant needs, and fiduciary responsibilities.

More clients have opinions on retirement income than they did four years ago, consultants and advisors said.

Analysts attribute the increase to consistent savings and positive stock market performance, despite market volatility at the beginning of the quarter.

Only about one-third of employees are saving for health care expenses during retirement despite the fact that these costs continue to surge, said the report.

The plaintiffs alleged that the company and State Street Global Advisors violated fiduciary requirements under the Employee Retirement Income Security Act.

With increasing doubts about whether they can afford to retire, where Americans choose to live during their golden years may make a big difference.