1+ week, 2+ day ago   (367+ words) New investment options are a goal for 89% of surveyed sponsors, but a growing number want advisers to make the call. Retirement plan sponsors are turning to advisers for help and increasingly handing over plan decisions in the process. Fidelity Investments…...

1+ week, 5+ day ago   (713+ words) Pooled employer plans were once thought to be primarily for small businesses seeking access to retirement plans, but advisers say their appeal has broadened as employers seek to reduce administrative burdens and outsource fiduciary responsibilities. “An adviser should be exposing…...

3+ week, 2+ day ago   (466+ words) Marsh names Thomas Cannataro as U.S. wealth management leader; Citi Wealth hires Alex Kokolis as head of investments platform experience; Kestra Financial appoints Kelly Apple head of wealth management; and more. Marsh LLC announced that Thomas Cannataro joined Mercer as its…...

3+ week, 3+ day ago   (261+ words) Industries with historically low plan participation rates and hourly employees are seeing particularly large gains in coverage, according to Gusto. The smallest U.S. employers are increasingly embracing workplace retirement plans. Using anonymized administrative payroll data, Gusto Inc., a payroll and benefits…...

3+ week, 4+ day ago   (495+ words) According to an Allianz study, 54% of adults without children feel confident about their ability to meet savings goals for retirement, compared with 72% of parents. While child-related costs would seem to deter retirement savers’ investments, new research suggests parents may be…...

3+ week, 5+ day ago   (622+ words) An IRIC white paper suggests the retirement industry should build ‘behavioral infrastructure’ for decumulation. Five behavioral barriers prevent participants from saving and spending comfortably in retirement, but the industry is capable of building “infrastructure” to address each, according to a…...

3+ week, 6+ day ago   (677+ words) Misperceptions, rather than economic hardships, may be behind the lack of coverage, according to the Center for Retirement Research. Millions of U.S. private sector workers still lack access to a workplace retirement savings plan, but one reason for the coverage gap…...