Many sobering reports have been issued regarding the degree to which U.S. workers are preparing — or not — for retirement. The Bipartisan Policy Center’s (BPC) Personal Savings Initiative (PSI) may not be the first effort that seeks to help turn the tide of poor savings rates, but it has heft and... READ MORE

When it comes to having sufficient funds during retirement, expectations are low and fears rife everywhere, according to a recent study. In "The Changing Face of Retirement: The Aegon Retirement Readiness Survey 2014," the Transamerica Center for Retirement Studies and Aegon polled 16,000 employees... READ MORE

Fear of running out of money during retirement is common, but it’s mitigated by interest in saving — the importance of which is not lost on younger employees, according to a new BoA Merrill Lynch report. The Spring 2014 Merrill Edge Report is based on a semi-annual study that looks at the concerns... READ MORE

A May 21 Senate Finance subcommittee hearing purported to be about strengthening Social Security morphed into a critical discussion of the merits of the defined contribution system and industry. Testifying at the hearing held by the committee’s Subcommittee on Social Security, Pensions, and Family... READ MORE

Auto enrollment and escalation can be very useful in boosting plan participation and setting in motion all the good effects that result from that. But like medicines, they should be used properly — and if they’re not, they can cause harm. So argues a new white paper from Milliman, “Auto-enrollment... READ MORE

More and more employers are making Roth accounts available within their DC plans — and more employees are taking them up on the offer, according to a new white paper from Aon Hewitt. The number of employers that offer Roths within their DC plans more than quadrupled over the last six years,... READ MORE

In an exclusive interview with Christopher Carosa of FiduciaryNews, Brian Graff, Executive Director/CEO of NAPA and ASPPA, reaffirms the strong support of ASPPA and its sister organizations for real and tangible action to ensure a secure retirement for working Americans. Graff tells Carosa that a... READ MORE

The fees associated with administering a 401(k) plan have been grist for news, criticism and regulation for years now. While that may not be entirely unjustified, a closer look at plan fees, the reasons behind them and their effects may be worthwhile, suggests Joe Gordon of Gordon Asset Management... READ MORE

For an investment committee to do its job properly, it needs to function smoothly. Bob Collie, chief research strategist for Russell Investment’s Americas Institutional business, offers some tips on holding an effective investment committee meeting. To get an idea of what it takes to hold an... READ MORE