A new survey finds that most workers strongly disagree with the statement, “My employer is responsible for providing for my retirement.”The study, "Investor Mindset: Attitudes, Concerns, Beliefs & Goals," one of 10 sections of the Hearts & Wallets’ 2015 Investor Quantitative Database, not... READ MORE

A new survey finds that the best strategy financial professionals can employ when working with Gen Xers (age 35-48) is to be empathetic and nonjudgmental — and more than a third are looking for an advisor who doesn’t judge their choices, even if they are indulgent.That’s right, nearly two-thirds (... READ MORE

A new survey validates the impact of benefits on attracting and retaining workers — but many current workers aren’t all that satisfied with the package.Three-quarters of workers state that the benefits package an employer offers prospective workers is extremely (36%) or very (41%) important in... READ MORE

The markets rebounded in October, but participants moved money like it was still September.As was the case in September, participant transfers fled target-date funds (30%), company stock (27%) and large U.S. equity funds (21%), according to the Aon Hewitt 401(k) Index. And once again, the asset... READ MORE

The Securities and Exchange Commission is working “expeditiously” on a uniform fiduciary standard, according to SEC Chair Mary Jo White. She made her comments Nov. 10 at the annual meeting of the Securities Industry and Financial Markets Association (SIFMA). White reported that her agency is “very... READ MORE

Schwab Advisor Services announced the addition of a new hiring and retention tool to its RIA Talent Advantage™ program on Nov. 10. According to a news release, the new RIA Talent Advantage™ Recruitment Playbook includes numerous tools, tips and examples to help advisors through the four key phases... READ MORE

Another bill looking to derail the Labor Department’s fiduciary proposal has been introduced in Congress.This one, the Retirement Choice Protection Act of 2015 (H.R. 3922), was introduced by Rep. Mike Kelly (R-PA) — a member of the House Ways and Means Committee — with Social Security Subcommittee... READ MORE

Apparently, keeping up with the Joneses doesn’t work for 401(k) savings.New research suggests that showing people how their retirement finances stack up against those of their peers not only doesn’t motivate them to save more — in some cases it actually discourages them from participating at all.... READ MORE

The U.S. Supreme Court may have booted the “presumption” of prudence for employer stock holdings, but a new court ruling finds no “duty to inform” plan fiduciaries of “material, nonpublic company information.”The recent ruling by Judge Keith P. Ellison was the second time the U.S. District Court... READ MORE