A new AARP study finds a wide gap between how people feel about retirement planning and how prepared they say they are for life after work.
Knowledge of the challenges participants are facing creates opportunities for advisers to connect.
Plan sponsors across industry sectors and with widely different wages for workers are using essentially the same target-date fund glide paths, research shows.
Experts suggest plan sponsors pair automatic features with multichannel education and emphasize to workers that they should save for retirement at a rate higher than the enrolled minimum....
Auto-escalation can help participants save sufficiently to create a reliable stream of income in retirement.
Plan sponsors want digital tools that are effective and potentially useful for every participant, but not one-size-fits-all.
As more employees worry about their ability to make ends meet, they are looking to their financial advisers and HR professionals for help.
Investors had net trading dollars move from equities to fixed income during more than two-thirds of the first quarter’s trading days.
It’s important for participants to understand how target-date funds work so they don’t have a false sense of security about their retirement readiness.
One study finds few participants are likely to annuitize their retirement savings, while another suggests those who take a withdrawal deplete their funds in an average of five...
Franklin Templeton finds many employees are hesitant to share in-depth details on their finances, even though it can lead to more customized benefits information and strategies.
Recordkeepers say that, historically, retirement plan participants reassess their retirement savings and readiness picture at the beginning of the year.
Eighty-one percent of respondents to a survey indicate they are at least somewhat likely to prefer a retirement plan that substitutes guaranteed income for safe investments such as...