Service Sector Employees Lead DC Plan Contributions
Workers from sectors focused on service accounted for $5.7 trillion in AUM in DC plans, doubling over the last decade,...
Data & Research
Schwab Sees Record Attendance in Participant 401(k) Sessions
Participants are favoring virtual sessions, and 18% boost their 401(k) contribution rate after 1:1 engagements.
24% of Participants May Cut 401(k) Contributions
Nationwide Retirement Institute recommends that advisers and recordkeepers work to help participants maintain their financial futures.
Advisers, Participants Skeptical of ESG Investments, but Asset Managers Are Not
Greenwashing by investment funds has contributed to negative rhetoric about ESG, but the practice remains a top initiative for U.S....
Broadridge Finds Increased ‘Democratization’ in Discretionary Investing
The financial firm mined millions of retail investors to learn about investing trends from the last five years.
Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
Many Small Businesses Cannot Afford Worker Retirement Plans
Monetary concerns outweigh desire to attract and retain employees, according to a new SMB index from Fidelity.
The PLANADVISER Interview: Fiona Greig, Global Head of Investor Research and Policy, Vanguard
Research and policy expert Fiona Greig discusses moving from consumer spending and saving patterns to the world of long-term retirement...
Women in Retirement Industry Face Dual Pressure
Respondents to WIPN study reported employer support and flexible schedules available for caregivers, but three in 10 women said caregiving...
Small Business Owners More Likely to Phone a Friend, Not an Adviser
When asked whose counsel they would seek before setting up an employee retirement plan, small business owners prioritized family, friends...
PGIM Takes Majority Stake in Direct Lender to Boost Alternative Offerings
The firm’s investment in Deerpath Capital Management comes as institutional and private investors look to alternatives for returns amid volatile...
Do Small Business Owners Need Retirement Advisers Too?
Amassing sufficient retirement income and the impact of taxes on retirement savings are small business owners’ top concerns.
Can Employers Help Americans Struggling to Save Amid Inflation?
More than 20% of U.S. workers made reported borrowing from their retirement savings in 2022, according to FinFit.
EBRI Finds Inflation Eroding Retirement Confidence
It's the biggest drop in retirement confidence since the 2008 Global Financial Crisis, according to the research institute.
Black, Latino Workers Lag Behind in Retirement Saving
A Voya study finds added financial challenges reduce plan participation, savings rate and average balances for Black and Latino employees.
American Benefits Council Selects Thiele as Chair of Policy Board of Directors
Fred Thiele of Microsoft will replace Tracy Watts of Mercer for the 2023-2024 term.
65% of Financial Advisers Braced for Recession
The majority (42%) believe it will be a “short and shallow” decline, according to an annual Nationwide survey.
Fears of State IRA Plans Overtaking Private Not Realized, Data Shows
States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew...
Data Shows 68% of Parents Make Financial Sacrifice for Adult Children
Among parents helping their adult children, 43% of parents have made dipped into their retirement savings.
Most U.S. Workers Expect to Fall Short of $1.1 Million Retirement Savings Goal
64% of Millennials and 62% of workers aged 45 and older said their workplace retirement plan will not reach the...