While workplace retirement plans are becoming an expectation for employees, the results of a new survey show there are multiple areas where savers are seeking additional support. In fact, according to Vestwell’s annual Savings Industry Report, four emerging trends for 2024 all point to a growing... READ MORE

With research showing that 56% of working Americans plan to utilize workplace-offered advice services in 2024,[1] Voya Financial announced the launch of a new dual Qualified Default Investment Alternative (QDIA). As the latest addition to its suite of advice and guidance solutions, the firm’s new... READ MORE

The Securities and Exchange Commission (SEC) on Feb. 9 announced charges against 16 firms for what the Commission described as “widespread and longstanding failures” by the firms and their employees to maintain and preserve electronic communications. According to the SEC’s announcement, the firms... READ MORE

To “protect Americans’ affordable access to financial markets,” two Republican senators have introduced legislation to block the Securities and Exchange Commission (SEC) from finalizing its proposed rule concerning the use of predictive data analytics by broker-dealers (BDs) and investment advisers... READ MORE

Despite the SECURE and SECURE 2.0 acts essentially making it free for small business owners to offer a retirement plan, new research finds that many are still harboring old excuses for not providing one.    The research published by the Employee Benefit Research Institute (EBRI), Center for... READ MORE

A powerful group of Democratic lawmakers has introduced legislation to help children start saving early for retirement by establishing a savings account for every child in America. The bicameral 401Kids Savings Act was introduced Jan. 31 in the Senate (S. 3716) by Sen. Bob Casey (D-Pa.), along... READ MORE

While the SECURE Act was supposed to help pave the way for adoption of retirement income solutions in defined contribution (DC) plans, new research finds that plan sponsors still have some concerns. And this comes as concerns about the impact of inflation on retirement savings are raising fears... READ MORE

The American Retirement Association (ARA) is calling on the IRS to revise several provisions contained in the proposed long-term, part-time employee (LTPTE) rules for 401(k) plans. Chief among the ARA’s recommendations is for the IRS to revise the proposed rule regarding vesting service to conform... READ MORE

The New York-based, fintech 401(k) service provider announced that it has launched the first commercial product allowing small- and mid-sized employers to automatically match employee student loan payments with a 401(k) contribution. Betterment at Work’s new offering comes as Section 110 of the... READ MORE