Advisor Technology

The sweeping new retirement savings legislation will likely become law any day now, however, it's not a catch-all solution and employers still need to make some adjustments to further differentiate themselves.

For 2023, 52% of plan sponsors say providing financial wellness tools will be a top priority, since nonprofits are placing a greater emphasis on financial education, says a new report.

Choice is good for participants, but too much choice is counterproductive in retirement systems, according to a new Morningstar report that evaluated retirement systems in eight "highly educated and wealthy countries."

While nearly half of younger workers say they would like crypto as a choice in their 401(k), what's even more surprising is that nearly half also say they would like an annuity option, according to a new study.

It's time to do a top-to-bottom review, taking a holistic approach that enables employers and advisors to check the overall health of the plan and gauge how prepared it is to deal with changes.

Of those plan sponsors who reported full employee participation, 80% had a plan financial advisor, according to a Morgan Stanley, who just enhanced its design.

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.