Investment Instruments

More education is needed around these asset classes, traditionally available only to institutions and high-net-worth investors.

“Our industry lacks accountability when it comes to performance,” says Zach Allen, CFA, Chief Investment Officer at PCI and President of RetireAdvisers.

Proponents say retirees will have access to higher returns; critics say the potential risks are too high.

The number of Americans living to 100 is&nbsp;expected to quadruple by 2054,<b>&nbsp;</b>yet most retirement plans aren't built for longer lifespans – and this is why employers should offer lifetime income options within 401(k)s, says Nationwide.

Weeks after the Department of Labor rescinded its crypto guidance warning for 401(k) plans, four Senators sent a letter to Labor Secretary Lori Chavez-DeRemer, urging her to reinstate that guidance “to ensure retirement security for millions of hardworking Americans.”&nbsp;

Since the financial advisor’s resignation last month, 20 clients, representing $35 million in assets, have transferred or are in the process of transferring their accounts to Morgan Stanley, according to JPMorgan.