Demand for advice on asset allocations and income planning increased four-fold among study participants after online advice tools were introduced, according to a new research paper.Using participant-level data from 23 institutions served by TIAA between 2009 and 2014, the study – “New Evidence on... READ MORE

New survey results find that Americans are confident that they are on track to achieve their long-term financial goals, but will that confidence continue in 2018?According to the latest Investor Pulse Poll by Morgan Stanley, 91% of investors believe they are on track to achieve their long-term... READ MORE

While stated fees have remained stable, RIAs appear to be increasingly discounting their fees and are formally unbundling their fee structures in response to a changing wealth management landscape amid declining revenue and client growth, according to new research.The 2017 Fidelity RIA Benchmarking... READ MORE

The Pension Benefit Guaranty Corporation has expanded its missing participants program to terminated 401(k) and other plans in an effort to make it easier for people to locate their retirement benefits after their plan terminates.The final rule, which will be published in the Dec. 22 Federal... READ MORE

After facing a number of trials and tribulations as it made its way through the legislative process, Congress did, in fact, approve landmark tax reform legislation on Dec. 20, clearing the measure for President Trump’s signature.A minor holdup occurred Dec. 19, when the Senate parliamentarian ruled... READ MORE

One year after the SEC’s money market fund reform rules went into effect, there appears to be a sizable shift away from MMFs towards stable value funds as a capital preservation option in DC plans.Just over half of plan sponsors (52%) now offer MMFs as a capital preservation option, down from 62%... READ MORE

House and Senate tax negotiators agreed on the final tax reform legislation Dec. 15, but they had to make some additional changes to pick up support from some wavering members. How did retirement plans fare?Significantly, the retirement plan issues created by proposed tax changes affecting pass-... READ MORE

New survey results show that plan participants place the most value in matching contributions offered by their employer for their 401(k) plan, above other commonly known plan features.The Wells Fargo/Gallup Investor and Retirement Optimism Index finds that more than half (57%) of investor... READ MORE

When it comes to saving for retirement, do employees prefer a “slight nudge” from their employers with helping them save? Or do they want a “kick in the pants”?American Century Investments’ fifth annual National Survey of Defined Contribution Plan Participants asked that very question and found... READ MORE