Retirement education

Commentary: it is particularly curious that the DOL’s proposed fiduciary regulation seems to introduce prohibitions that will likely prevent future modernization of such plans, says The Principal’s Aaron Friedman.

Retirement planning is harder than sticking to a diet and exercise program, millennials say.

Long an afterthought, retirement firms and advisers are pushing their clients to add auto escalation to employer plans.

Defined contribution savings are down but overall wealth accumulation is up.

Consulting firm Mercer is selling its U.S. defined contribution administration book of business to Transamerica. The deal, expected to close by the end of this year, will see Transamerica become Mercer’s preferred DC recordkeeping provider.

Retirement confidence around the world is up, yet only a third of employees report receiving retirement information from their employer.

Commentary: As more baby boomers work past the traditional retirement age of 65, understanding how Medicare interacts with workplace health benefits becomes crucial for economic well-being.

Martha G. King, managing director of Vanguard’s institutional group, addresses the evolution of retirement plan education and the challenges of guaranteed annuity products within 401(k) plans.

SMILE Community Action Agency has made a concerted effort in the past year and a half to offer a more in-depth benefits package to employees so that it can become an employer of choice.

Commentary: Many plan sponsors believe that just by hiring an adviser they do not have a fiduciary obligation to understand the investments in their plans. This is fundamentally wrong.

With the final comment period for the DOL’s proposed fiduciary rule closing later this month, experts say the pressure is on regulators to issue a final rule before President Obama leaves office.

Retirement plan sponsors need more clarity with QDIA regulations, says the Government Accountability Office.

Non-government money market funds in 401(k) plans are likely to be institutional prime money market funds that will be affected by reform rules announced by the SEC.

Commentary: Complacency can be a dangerous strategy when it comes to defined benefit plans, says The Principal’s Mike Clark.

Employees are gaining confidence in their short-term finances but the majority is still not saving enough for retirement.

The retirement system continues to change, with close to half of all corporate DB plans now closed to new entrants.

Stock market swings reiterate need for ongoing retirement plan communication.

Target-date fund participants are more confident they’ll reach their retirement goals and have higher contribution rates than non-TDF user, survey finds.

Ron Shaw, retirement program manager for Paychex, focuses on the retirement readiness of the company’s young workforce.

The adoption rate of managed accounts remains low, yet retirement plan participants who use them report higher projected retirement wealth and better portfolio diversification.