Advisor Technology

Most of an advisor's time is consumed by preparing reports, inputting data and attending meetings, but the right tools can recommend next steps, best-fit products, or actions towards fulfilling customer expectations.

Employers should provide targeted communications to women, as well as access to independent financial counselors, decision support tools, and debt management services to help bridge the gap, says a 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.

Many are seeking professional advice/guidance for generating retirement income, understanding how long their savings will last and whether their savings are on track or need to be adjusted, says report.

The pending legislation, which is expected to become law by the end of 2022, is poised to revolutionize workplace retirement savings. Here's how to plan for a successful rollout.

From more immediate financial help, like credit advice and childcare services, to personalized investment guidance from a professional, employers can now give employees what they want (and boost retention too).

Leaving behind a forgotten 401(k) account has the potential to cost an employee almost $700,000 in foregone retirement savings over a lifetime.

With 60% of US workers stressed about their finances, they're increasingly looking to employers to roll out more resources to help with not only retirement savings but their overall financial well-being.