Millennials Keenly Interested in Employers With 401(k) Plans
Eighty percent would prefer to work for a company that offers a retirement plan.
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.