|
| Benefits & Administration |
| More Employers Monitoring Retirement Readiness of Employees |
| The consequences of issues that employees experience if they’re financially underprepared for retirement can spill over to the organization as a whole, and to help minimize these risks, more employers that offer retirement programs are measuring the financial readiness of employees to retire (43%, up 10 percentage points over 2016), according to the 2018 Gallagher Benefits Strategy & Benchmarking Survey. In addition, to help employees reduce their debt stress and maximize their retirement plan savings, more employers are developing financial wellbeing initiatives. The study also found a slip from last year in the number of plans that use automatic enrollment.Read more > |
| Years of Positive Retirement Savings Behaviors Lead to Record Balances |
| The average 401(k) balance reached an all-time high of $106,500 in the third quarter, and the average 403(b) balance is nearly double what it was a decade ago, according to Fidelity Investments.Read more > |
|
| Investing |
| Despite De-risking Concerns, Global Equity Remains Important to Retirement Plans |
| Fifty-five percent of U.S. investors have their global equity allocation in active, alpha-seeking strategies, and the planned allocation to these strategies in three years is 61%, research found.Read more > |
