TDFs Keep Participant Trading Steady in 2016
While there was some reaction to major events in 2016, 401(k) participants mostly stayed the course in their investments.
Both firms suggest digital and scalable fiduciary advice will be increasingly important under a stricter conflict of interest standard.
More employers are also addressing financial wellness beyond retirement to produce a healthier, happier and more productive workforce.
According to its author, the legislation will “delay the implementation of a job-destroying rule … giving Congress and President-elect Donald Trump adequate time to re-evaluate this harmful regulation.”
J.P. Morgan suggests ways retirement plan sponsors can help participants improve outcomes in a low-return environment.
Including private equity into the asset class mix of a DC plan participant’s TDF could generate additional savings of $484,168, according to a new study.