Research

Employers spend a lot of money and time offering robust benefits packages, but it's not enough to simply offer a retirement benefit — they must understand what will work best for employees, recommends GoBankingRates.

Two-thirds of Americans said the pandemic has had an even deeper impact on retirement beyond dollars and cents, with younger generations saving an even higher percentage of their income for retirement, according to Fidelity.

Employers emphasize an increase in health and dental insurance, while employees say increased pay and 401(k) matches are tops, and this could be part of the ongoing issue of high turnover, a new study suggests.

Only 31% of single women felt optimistic about their financial outlook, compared to 39% of married women, which is why 90% of financial advisors are targeting more women in the next 12 months, says Nationwide.

AI is a way for industry players to cut costs, manage risk, and modernize health care infrastructure, while value remains a top priority for purchasers and patients, according to a new PwC report.

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.

In a report that highlights generational differences, baby boomers had the highest SDBA balances, followed by Gen X and millennials, but all need practical education from plan sponsors to provide their individual desired outcomes.

Although employers choose the plans in order to negotiate lower health care prices, they generally lack market power to do so effectively, so they need to critically assess whether it will help their bottom line, says a new study.