Are the stereotypes commonly applied to Millennials — non-conformist, selfish, entitled, expect everything to be done for them, etc. — for real? A new report says no, at least with respect to their retirement savings and spending habits.According to the latest Merrill Edge® Report, Millennials’ “do... READ MORE

Americans rate the tax incentives for employer-sponsored retirement savings and health insurance coverage as the most important tax benefits compared to other popular deductions and incentives, according to new polling data.The polling data was released Nov. 30 by the American Benefits Council as... READ MORE

Demonstrating the ongoing growth in the use of automatic features, a new survey finds that a solid majority of plan sponsors have implemented automatic enrollment in their defined contribution plans.The Defined Contribution Institutional Investment Association’s (DCIIA) fourth biennial survey of... READ MORE

UPDATED 12/6/17 at 10:30 a.m. ETAfter a long and sometimes heated debate, the Senate took a major step toward enactment of landmark tax reform legislation, approving its version of the Tax Cuts and Jobs Act (H.R. 1) at nearly 2:00 a.m. Saturday morning, Dec. 2.The bill, as amended by the Senate,... READ MORE

A key House Democrat introduced two bills on Dec. 1 that seek to implement automatic 401(k)s and simplify administration and improve retirement savings opportunities across the spectrum of plans, including both DB and DC plans.Rep. Richie Neal (MA), who has been a strong proponent for improving the... READ MORE

Nearly 10 years after the financial crisis, many Americans say it had no impact, yet many don’t trust the stock market and plan to work longer than anticipated, new research suggests.According to survey data released by Hartford Funds, 40% of respondents say the financial crisis had no impact on... READ MORE

As we all emerge from our turkey-induced food coma, all eyes will now be on the U.S. Senate, as Congress returns this week from its Thanksgiving break to make the final push to approve tax reform by the end of the year.To pick up where we left off, both the House and the Senate Finance Committee ... READ MORE

Total fund-level institutional investment management fees were mostly unchanged in 2016 compared to historical observations, new research suggests, running counter to the common narrative describing widespread fee compression across the industry.Callan’s seventh installment of its Investment... READ MORE

While much of our focus on the current House and Senate tax bills has been on the retirement-related provisions, there are a number of provisions worth noting that would alter the existing tax treatment of executive compensation and various other compensation and benefit provisions.As we reported,... READ MORE