Market Insights

Now more than ever, America can tackle the retirement industry’s most pressing challenges while serving small employers and communities of color and supporting advisors and providers in order to give every worker a shot at financial security, says a new report.

While mental health and wellbeing have garnered increased attention in recent years, understanding around the impact of grief remains largely absent.

The "sandwiched" generation needs help preparing for retirement, and employers can help by providin tailored education along with innovative tools and investment solutions.

"While the current federal DEI rollbacks may give companies false permission to reevaluate their commitment to these initiatives, this study shows that they should take a solemn pause,” said Jasmine Escalera, career expert for the resume service.

More than 40% of employees are looking to their HR team to help them understand how these recent policy changes will impact them.

The report called the current benefits system a ‘massive financial waste’ built on broken incentives and obsolete design and said without modernizing the entire process, that investment may be doing more harm than good.

New research indicates majority of workers are tuned into technology and more inclined to stay with their employer because of their benefits package.

Older employees have seen an average reduction of just under one hour per person per week, while younger employees have reduced their hours by nearly two hours.