Retirement

New survey raises alarm as expert money manager weighs in with advice.

Demand for in-plan retirement income is strong as defined benefit plans continue to be phased out, according to Michael Dullaghan of Franklin Templeton.

This generation may be managing parental care, supporting adult children, and perhaps still raising kids under 18, however, a majority (54%) believe they need help from a financial professional to achieve their retirement goals, according to Edelman.

Women often earn less, live longer, and face career interruptions, however, gender-specific employee matches would be inappropriate, says Cathy Mendell, founder, Theia Financial.

Knowledge is not the same as action, especially when it comes to personal finance, says a recent MDRT survey, which offers the best ways to close the gap between consumers' knowing what is best for their finances and actually taking those steps.

There are currently over 600,000 micro 401(k) plans in the U.S., with less than $5 million in assets, and that number will increase to more than 1 million, driven in part by state mandates and federal tax incentives, according to a new Cerulli report.

The ERISA Industry Committee, along with two other industry groups, is seeking the dismissal of the drugmaker’s PRT class action lawsuit over the transfer of its pension plan to Athene Annuity, alleging a breach of fiduciary duties.

Rep. Rick Crawford's 401(edu) plan proposal, family leave proposals and meal delivery came up at a House Ways and Means brainstorming session.