T. Rowe Price launches Social Security optimizer; IRI updates its retirement saving and income handbook; Just Futures launches ‘values-driven’ 401(k)s and 403(b)s; and more.
Young 401(k) participants were the most likely to share personal information to help tailor their retirement investments to their needs and goals, according to new Cerulli data.
Due to lower levels of participation and contributions, conservative investing and retirement plan leakage, employees at historically Black colleges and universities struggle with lower balances, according to TIAA.
Because target-date funds represent a large and growing share of plan assets, plan sponsors are narrowing their core investment menus, according to NEPC data.
Because equity funds tend to dominate core investment menus, PGIM argues in a new paper that there is a need for more fixed-income and conservative funds.