| | Benefits & Administration | | Gen X Says Advice Would Be Helpful for Retirement Savings | | Asked whether advice would be helpful in achieving various financial goals, 63% of Gen Xers surveyed by T. Rowe Price said it would be helpful for saving for retirement in a workplace plan. They would like advice to be flexible in terms of when they can access it, to be personalized to their particular financial situation, to fit into their work schedule, and to educate them about how best to achieve their financial objectives.Read more > | | U.S. Retirement Market One of Two Dominated by DC Plans | | Willis Towers Watson’s Thinking Ahead Institute’s 2018 Global Pension Assets Study also found the U.S. retirement market has a greater propensity towards home bias in investing than other countries.Read more > | | Concerns and Priorities Competing for Plan Sponsors’ Time and Effort | | OneAmerica survey results would suggest that retirement plan sponsor concerns are distinct from their priorities, but Melissa Musial, marketing research and data manager, retirement services, at OneAmerica in Wauwatosa, Wisconsin, says the two items are competing, but equally as important to plan sponsors. Lorie Latham, senior defined contribution strategist for T. Rowe Price’s Global Investment Services (GIS) division, based in Baltimore, Maryland, says she is seeing concerns and priorities merge together a little bit. For plan sponsors having trouble managing concerns dictated by rules and regulations, while also addressing priorities for their retirement plan, that’s where providers come in.Read more > |
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