While it may come as no surprise given the current economic environment, two new studies find that small- and mid-size business owners have major concerns about inflation, higher taxes, as well as their own personal financial security. Not all was bad, however. Despite recent bank failures and... READ MORE

The Securities and Exchange Commission on April 20 issued new guidance in the form of a staff bulletin to assist broker-dealers and investment advisers in addressing their care obligations when providing advice to retail investors. The bulletin, which is the third in a series[1] and includes 20... READ MORE

The American Retirement Association applauds the Department of Labor’s proposed addition of a self-correction option for delinquent participant contributions and loan repayments under the Voluntary Fiduciary Correction Program (VFCP) but contends that important clarifications are needed for plan... READ MORE

While many younger investors are highly receptive to digital advice from their brokerage firms, a lack of understanding of how the technology manages their portfolio could be hindering wider adoption, a new study suggests.   According to J.D. Power’s 2023 U.S. Self-Directed Investor Satisfaction... READ MORE

Plan sponsor interest in keeping retiree assets in their defined contribution plans is increasing, according to new research from Cerulli Associates based off surveys and conversations with plan sponsors, consultants and DCIO asset managers. More than half (54%) of 401(k) plan sponsors prefer to... READ MORE

A perceived comfortable retirement may be hard to reach for many working Americans, as most say it will take at least $1 million to do so, although most don’t expect to reach that number.   According to findings from Schroders’ 2023 U.S. Retirement Survey of 2,000 U.S. investors nationwide,... READ MORE

The idea of providing a predictable paycheck in retirement seems to have everything going for it—participants supposedly want it, providers are creating solutions and frameworks exist, but there’s yet to be widespread adoption of providing a solution to plan participants. In fact, numerous studies... READ MORE

Even though the ink is barely dry on the SECURE 2.0 Act, there’s no rest for the weary, as some in Washington are pushing a federal government-run retirement system that would unfairly compete with the private sector, warned Brian Graff at the April 2 opening session of the 2023 NAPA 401(k) Summit... READ MORE

Workplace benefit professionals who were surveyed on a wide range of employee benefits issues looking toward 2026 predict a massive increase in employer-provided defined contribution (DC) plan coverage, particularly in the smaller plans market. Indeed, most respondents foresee 88% of employers... READ MORE