“If a self-directed, virtual or hybrid work schedule is essential for you to manage your career aspirations and life challenges, you will have a difficult time aligning your priorities with those of the company and the culture we aim to establish,” AT&T's CEO John Stankey wrote in a memo to managers.

As the group benefits market experiences continue to change, advisors must evolve into strategic innovators.

While diversification and return potential drive interest, most advisors say greater ERISA/regulatory clarity is also needed, according to Empower’s survey.