Retirement Trends

While recent changes can be seen as an opportunity for long-term savers, these developments add complexity and liability to advisors and employers managing retirement plans.

About half of plan sponsors said the pace of change in retirement plans is exhausting.

Advisors should view this as an opportunity to deliver thoughtful retirement income strategies to clients and help them resist common behavioral tendencies.

The oldest members of Generation X are turning 60 in 2025, and more than half believe they won’t be financially prepared for retirement in a few years.

Plan sponsors should continuously evaluate whether their programs align with organizational goals, participant needs, and fiduciary responsibilities.

A previously rejected $40 million settlement would have paid less to affected investors.