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Despite the increasing proliferation of target-date funds in employer-sponsored retirement plans, many sponsors aren’t very knowledgeable about the funds, Janus found in a survey.
For instance, compared to last year’s findings, 50% of plans don’t know when the end date of the glide path is, up from 32% in 2009.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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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.
Part one of this two-part series looks at the background, transparency solutions and how to understand PBM profitability.
An expert adviser explains the many considerations to take into account before deciding on this as an option for employees.
Rising costs and competing financial priorities are making it harder for younger workers to save for retirement.
When employees are comfortable with the rate of their contributions, they're more likely to continue saving on a consistent basis.
