Saving for Retirement Not Feasible for Many Women
Forty-four percent of middle-income women say they cannot afford to save for retirement, compared to 14% of men.
Data and Research
Plan Providers Unveil Sophisticated Education Resources
Since the beginning of 2016, 17 firms within the Retirement Plan Monitor coverage set have introduced new retirement readiness resources to participant sites—and 12 of those firms have...
Older Workers Not Saving Enough for a Secure Retirement
A new study suggests that without a universal supplement to Social Security, many of the 24 million workers ages 55 to 64 will face declining living standards or...
DC Plans Hold $7.3 Trillion in Assets
The Investment Company Institute has issued a report, “Ten Important Facts About 401(k) Plans.”
Gig Workers Cite Lack of Benefits as Disadvantage
Only 16% of Gig Only workers have assets in an employer-sponsored retirement plan, a survey from Prudential Financial finds.
Employer-Sponsored Retirement Plan an Expectation of Millennials
The Millennial generation also wants to make a social impact with their investments, a survey from Capital Group found.
Record Number of Plan Sponsors Eye an Adviser Switch
Fidelity reports that a record number of plan sponsors are actively looking to switch their plan advisers.
Policy Changes Matter More Than Manager Personnel Shifts
Often a fund manager personnel change serves as a trigger to put a fund on a watch list, but recent Morningstar research provides evidence this might not be...
After Seven Years of Declining, DC Fees Remain Flat
The median recordkeeper, trust and custody fee per participant is $59.
Public Pension Plan Funded Status Slowly Improves
As of the end of the second quarter of 2017, four more of the 100 biggest public pension plans crossed the 90% funded status mark.
Thirty-Eight Percent of Workers Do Not Participate in Their Retirement Plan
Over the past year, 18% reduced their savings.
Health Care Cost Inflation Remains Major Retiree Challenge
The 2017 estimate of $270,000 in anticipated health care expenses for a retiring couple is 6% greater than last year’s figure and represents a 70% increase since Fidelity’s...
DOL Fiduciary Rule Seems To Impact Annuity Sales
Overall annuity sales for the second quarter of 2017 dropped 10% compared to the same period last year, but fee-based variable annuities saw a slight uptick.
Given a Choice, Public Sector Employees Choose DB Over DC
Among the eight states studied that offer employees such a choice, the take-up rate of DB plans was 80% or higher in six of those states.
As Many as 114 Multiemployer Pension Plans Expected to Fail Within 20 Years
Cheiron Inc. says the plans, covering 1.3 million workers, are underfunded by $36.4 billion.
Women's Finances Need to Be Studied Separately From Men's
Due to getting married later, fewer couples getting married and divorce on the rise, women are spending fewer years married.
Financial Wellness Programs Should Build Employee Confidence
An effective financial wellness program is not just about financial literacy; it’s about building the employee’s confidence in tackling financial tasks, suggests a study by Mercer.
Taxpayers Not Burdened by Public Pensions
According to a study by NCPERS, public pensions are generally cost-effective and pump trillions of dollars into local economies.