Accumulation of retirement savings is a three-step process, each requiring an active decision, but the first and the most important of the three steps remains elusive, particularly for many minority workers, a new study finds.   Participation, contributions and investment allocation, of course,... READ MORE

An annual analysis of 401(k) plan data finds that the top five industries with the best plans continue to outpace the competition in nearly all metrics.  The results of Judy Diamond Associates’ sixth annual 401(k) Plan Benchmark Report finds that for the second year in a row, the 11,532 firms that... READ MORE

For advisors who do not have a DC wholesaler they view as a trusted partner, it’s worth the effort to find them, as they can serve as a valuable resource to help advisors build, grow and manage their business, according to a panel of industry experts.  In an April 5 workshop session at the 2022... READ MORE

With volatility returning to Wall Street and political unrest throughout the world, 401(k) investors were busy traders in the first quarter of 2022.  According to the Q1 2022 observations from Alight Solutions’ 401(k) Index, there were 16 above-normal trading days in the quarter—a stark contrast... READ MORE

When it comes to financial wellness benefits, it’s clear that more than just financial well-being is at stake, as it’s not just workers who are impacted by financial stress, but employers suffer the consequences as well.  In fact, three out of four U.S. workers are facing at least one source of... READ MORE

Consolidating or remaining independent each have their pros and cons, but it is especially important to understand the challenges and opportunities before going down that path, speakers at an April 4 workshop session at the NAPA 401(k) Summit advised. Moderator Melissa Cowan of Melissa Cowan... READ MORE

As small and mid-sized businesses continue to look for ways to attract and retain key employees, a new survey finds they’re putting employee benefits in place. The Principal Financial Group conducted a “check-in” with more than 1,000 business owners at the beginning of 2022 and found that 84% of... READ MORE

The Bay State’s fiduciary rule encountered a major setback when a Massachusetts judge on March 30 invalidated the March 2020 rule that imposed a heightened fiduciary conduct standard on broker dealers and agents.  The March 30 ruling by Suffolk County Superior Court Judge Michael Ricciuti held... READ MORE

After waiting for nearly a year, legislation that builds off the original SECURE Act and is supported by the American Retirement Association was approved March 29 by the House of Representatives.  The Securing a Strong Retirement Act of 2022 (H.R. 2954)—a.k.a. SECURE Act 2.0—was approved by a 414-... READ MORE