I recently caught up with Nelson Griswold, president of NextGen Benefits, to discuss the current state of the benefits industry, its looming talent shortage and the importance of mentorship.

Challenging conditions will accelerate innovation and investment in the member experience.

Unemployment is forecasted to increase to 4.4% in 2023 as employers work to balance budgets and remain profitable in the year ahead.

The younger generation is setting some lofty retirement goals, but the good news is they're looking for help from advisors, who can provide both a long-term strategy and a short-term tactical game plan.