Data and Research

In light of a stronger focus on fiduciary responsibilities, more than three-fourths of higher education plan sponsors have implemented an investment policy statement, compared to 60% in 2015, according...

Plan sponsors should be aware that many participants have assets invested with providers that do not serve their current plan, which has implications for measuring readiness.

The group says it has considered moving from a DB plan for clergy to a DC plan and concluded that doing so “would be irresponsible.”

"Our survey results reinforce the importance of setting goals and monitoring plans to balance … emotions,” says Rich Ramassini, CFP, director of strategy for PNC Investments.

Results from the firm’s product use by one plan sponsor found that upon consolidation, workers' median plan account balance increased by 46% and the combined future value of...

Creating open MEPs, encouraging the use of lifetime income products and removing impediments to employers maintaining DB plans are just a few of Mercer’s suggestions.

Yet, retirement savings accumulators, especially younger ones, are seeking help more than five years ago, research finds.

A report by the Congressional Budget Office notes that different measures produce different results and it offers a framework for further analysis of retirement income.

This is a 2.25% increase from $97,700 in the previous quarter—and a 31.27% increase from the average $76,100 balance five years ago.

A Fidelity analysis also found more than one-quarter of 401(k) participants increased their contribution rates since last year.

Nearly one-third (32%) of survey respondents said if this provision of tax reform is passed, it will cause them to save less in their retirement accounts.

Forty-four percent of health care organizations consider offering a program where employee contributions to student debt will be matched, according to a survey from Cammack Retirement Group.

Ninety percent of Americans surveyed do not feel confident in their retirement savings situation.

At year-end 2015, the average account balance among consistent participants was almost double the average account balance among all participants in the EBRI/ICI 401(k) database, an analysis shows.

Many mistakenly believe government programs will cover long-term care costs, which may be why a mere 20% have taken any steps to find LTC insurance.

An EBRI report breaks down how specific age groups and salary ranges would feel the pinch.

Many borrow from their 401(k) plan to cover a sudden financial emergency, Pew found in a survey.

Overall, the need to save more tops the list of reasons for limiting spending for the second consecutive year, Bankrate.com found.

LIMRA says that retirees can expect to pay 13% of their income each year in retirement on health care and long-term care expenses.

Automatic enrollment, higher initial deferral rates and financial counseling are just a few that more employers are adopting.