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Employers should be concerned about their female employees confidence in their retirement savings, says Cathy Weatherford, president and CEO of the Insured Retirement Institute. At a Capitol Hill event Wednesday in Washington, congressmen, financial and benefit advisers and industry advocates came together to discuss the future for women when it comes to retirement security.
See related: Benefit plans should consider employee concerns and preferences
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From fiduciary guidance to financial education, advisers are taking on more responsibility as sponsors expand investment choices and focus on participant outcomes.
From emergency savings to retirement and AI-powered advice, employers are rethinking financial wellness as workers struggle to keep up with rising costs.
U.S. workers say retirement is getting harder to afford, raising questions about how organizations can help workers save, understand their benefits, and plan ahead.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
Transamerica Institute finds more middle-class workers expect to fund retirement through 401(k)s and other savings, but financial pressures could derail those plans.
