Mid-year report finds there were fewer cases filed, as plaintiff law firms catch up on those they brought in 2022, but new entrants are using more accurate fee...
Data and Research
Companies completed 289 transaction in the first half of 2023, per an Aon study.
19 states have initiated programs to help workers prepare for retirement, and early adopters California, Oregon and Illinois account for most of the accumulated assets so far.
WTW finds many employers are making improvements to nonqualified plans with a goal of attracting and retaining top talent.
The recordkeeper also found retirement saving balances rebounding with stronger market performance in Q2.
Plan sponsors have increased their focus on delivering expanded benefits and employee financial wellness programs in defined contribution plans, according to JP Morgan Asset Management.
Plan participants born after 2000 raised their retirement contributions and invested in cryptocurrency and non-fungible tokens at higher rates than adjacent age cohorts, according to recent research.
Bank of America participant analysis shows more employees prioritizing short-term expenses over long-term saving.
Although waiting until age 70 earns a retiree more Social Security benefits, many plan to start collecting earlier due to fears of insolvency, Schroders research shows.
Goldman Sachs Ayco analyzed workplace compensation and benefits offerings, with controlling health care costs a particular focus.
The majority of state retirement systems do not provide adequate retirement savings to departing employees, according to data from the Pew Charitable Trusts.
The Conference Board finds that firms with remote work flexibility find it easier to keep their employees than those that don’t.
Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.
High-income households increasingly hold larger retirement account balances than lower income households and are more likely to reap tax perks associated with workplace plans, GAO research shows.
The U.S. will soon have more 65-year-olds than ever before, but many are unprepared for long-term care costs, new data from Nationwide shows.
Increased market volatility, high inflation, fears of a recession and a lack of retirement income were cited as contributing factors to savers’ low retirement confidence in a new...
American workers are more likely to remain with their current employer if offered an employer-sponsored retirement savings plan and at a higher rate than revealed in October 2022,...
While American Funds experienced inflows several firms saw net outflows from their funds in the quarter, according to Simfund.