Plus, employers who are able to connect their benefits package with the services of an advisor may be able to differentiate themselves from competing firms, according to a new report.
Not only does this finding from a new survey bode well for advisors, but it bolsters the bridge between employers and advisors, making collaboration toward better retirement outcomes more organic.
Still, plan sponsors should be wary of being "lulled into a false sense of security" as potential challenges remain in the year ahead, according to a new report.
A new Morningstar report examined 94 asset managers - including Vanguard, UBS and Impax - and tapped eight firms as leaders that have focused on sustainable investing from day one.
Flexible strategies are more effective because they help to prevent retirees from overspending in periods of portfolio/market weakness, while giving them a raise in strong portfolio/market environments, according to a new report.
The cause for the funding challenge is that spending for Social Security is set to increase sharply in relation to GDP in the next decade as the large baby-boom generation retires, according to the CBO.
Women most frequently need advice in understanding how long savings would last and how to adjust retirement savings if it's not on track, cited a new report that provides invaluable insight for advisors and employers.
Choice is good for participants, but too much choice is counterproductive in retirement systems, according to a new Morningstar report that evaluated retirement systems in eight "highly educated and wealthy countries."
While nearly half of younger workers say they would like crypto as a choice in their 401(k), what's even more surprising is that nearly half also say they would like an annuity option, according to a new study.