Transitioning from voluntary to auto-enrollment in 401(k)s, coupled with auto-escalation, should be a key plan design feature for employers, recommends the Morningstar Center for Retirement & Policy Studies.

American Benefits Council's Ilyse Schuman also defended the value of the federal group health tax exclusion.

Advisors can serve as a bridge to address the retirement readiness gap, helping plan sponsors—and in turn, employees— be better prepared for life in retirement, according to a new Fidelity survey.