In Practice

How retirement plan advisers need to function as business owners in order to grow their practices.

Significant transformation is happening in the small business retirement plan market; what does this mean for the fiduciary adviser community?

In order to remain relevant, speakers said, the retirement plan industry must become more diverse.

They are worried about longevity risk.

Their use of an adviser acting as a plan fiduciary has increased by 40% in the past four years, according to the Plan Sponsor Council of America.

It has become more common for plans with upwards of $20 million in assets to go through a formal RFP process to find a new adviser, but it...

A report from Healthy Capital suggests a combination of managing health conditions and purchasing staggered annuities can help fund health care expenses in retirement, but concedes that the...

A survey by OneAmerica indicates roadblocks in affording financial adviser services. 

The importance of hiring the right people and managing their functions efficiently.

The importance of measuring return on investment and addressing participants’ short-term needs.

The various ways to expand your practice.

LIMRA SRI found participants who were given an estimate of how their retirement plan account balance would translate to monthly income in retirement took more positive actions and...

A look at consolidation, the role of recordkeepers and the importance of financial wellness programs.

Saving more and reducing financial stress are the top reasons employees would participate.

If combined with the Automatic Retirement Plan Act of 2017, the retirement savings shortfall would be reduced by $932 billion, or 22.6%, according to EBRI.

Eighty-four percent of intermediaries expect sales of financial wellness programs will expand in the next three to five years, Prudential found.

Saving practices tend to vary based on the investor’s age.

Many respondents to a Prudential Financial survey are misjudging how well-off they are.

Over half have nothing set aside in any type of employer retirement plan. 

Above-average-rated plans are more apt to be found at companies with 20% to 80% higher profitability than are average-rated plans, says T. Rowe Price.