Retirement

Retirement plan participants find plan information confusing, even overwhelming, and question their own investment choices, which is why 74% of Americans want more professional help with their 401(k)s – and many are willing to pay for it, says a Pontera survey.

After getting fined $35 million by the Securities and Exchange Commission in September, Invesco is fined again – this time for violations of the Advisers Act.

By being prepared and implementing strategic solutions, employers can mitigate some of the financial pressures that may arise from the IRA, ensuring that their employees and retirees are better protected from the ripple effects of this landmark legislation.

While employees say they have better access than ever to financial products and services, employers need to continue educating employees about the value of their retirement benefits, according to a Principal survey.

In President-elect Trump’s first administration, there were “explicit statements of support for the 401(k) system and its pre-tax savings benefits,” said one expert. Will that continue?

The new retirement bill, aimed at expanding retirement coverage for workers not covered by an employer plan, would likely lead to worse retirement outcomes for most Gen Z and millennial workers, according to the Morningstar Center for Retirement's new research.

Managers might bring up financial tools during one-on-ones to help create an open culture that makes employees feel comfortable to ask questions if a financial crisis comes up.

Employers need to create an environment that can foster employee loyalty, reduce turnover, enhance overall productivity and help employees be able to reallocate funds to retirement savings, according to a Voya survey.