They are viewed as less risky than traditional DB plans, easier to manage, easier for employees to understand, and are more popular in certain industries than in others.
Greater support from plan sponsors and lawmakers is needed to bolster individuals’ retirement readiness in the wake of the COVID-19 pandemic’s impact on retirement security.
Job openings are at record highs, fast food and retail outfits are offering hiring bonuses, and large corporations from retail to banking have substantially raised their minimum wages.
Defined benefit plan funded status is still up for the year, but there are several factors plan sponsors should consider as they set their risk tolerance for the...
Business owners are more confident in their retirement plans after working with a financial adviser, and many are starting to increase their communications with them.
Although more workers left the workforce, the pandemic was not associated with a large increase in the share of older workers who report being out of the workforce...
A report, which says their investments have underperformed since the 2008 financial crisis and are costly, suggests officials should switch to purely passive investing.
With so many Americans having gone through tough times over the past two years, a new study looks at how this has affected their financial well-being and sense...
From accelerating provider consolidation to the persistent retirement plan coverage gap, there are no shortage of issues for the retirement plan industry to tackle in 2022.
Research shows people of all ages are increasingly turning to financial planners and advisers for help with overall financial wellness as well as retirement planning.
As the retirement plan industry looks ahead to the coming year, financial wellness is increasingly seen as a critical solution to help workers and retirees meet their goals.
Research shows demand for talent is outstripping supply in some countries and regions, with sectors like hospitality, manufacturing and transportation hit particularly hard.
Improved funded status and a potential interest rate hike ahead signal a time for rebalancing and de-risking for corporate defined benefit plan sponsors.
One-third of employees surveyed by Principal said they are considering a job change or retirement, and among those seeking another job, retirement plan offerings are a top consideration.