With many employees using equity compensation for long-term savings goals and wealth accumulation, providing education and advice is important.
Data and Research
Research finds few retirement savers have lowered savings rates or withdrawn money; however, those with lower incomes and in certain industries may be disproportionately affected.
Participants nearing retirement are often approached by sources unrelated to the employer’s plan—some predatory. Reminding them of the work plan sponsors do can help keep them safe.
Nearly three in 10 participants surveyed were either unaware of whether help was available or perceived that it was not, but providers say the resources are there.
The release of the study comes after the DOL issued an Information Letter sanctioning the use of private equity in asset allocation funds in DC plans.
Teamsters for a Democratic Union (TDU) is calling for more pressure for the Senate to pass the latest relief package which includes ‘special partition relief’ for multiemployer pension...
The average expense ratio decreased to 0.45% from 0.48% the year before, according to Morningstar.
Observing drawdown patterns can inform plan sponsors about how to design their plans to facilitate withdrawals and about what guidance participants need.
Participants need more information about how their plan and investments work, a survey reveals.
Data ties spending habits, more so than income, with propensity to save.
A potential for changing experiences and a plethora of variables make preparing health benefit plans for next year a difficult task.
During the first quarter of 2020, most Vanguard investors saw declines in wealth, but over three years, 89% of DC and 76% of retail households had increases in...
Nearly half of the endowments and foundations surveyed indicate an annual loss tolerance of only 5% or less, a figure far exceeded when their portfolios are run through...
More than one-quarter are extremely or very concerned, according to Fidelity.
Important differences suggest that a look at DC plan participant actions during the Great Recession may not offer insight into what they’ll do during this crisis.