Willis Towers Watson’s Thinking Ahead Institute’s 2018 Global Pension Assets Study also found the U.S. retirement market has a greater propensity towards home bias in investing than other...
The campaign is aimed at educating policymakers and the American public about making saving easier for Americans of all ages, helping retirees transform their savings into a lifetime...
The firm's study shows that when individuals view their projected monthly income in retirement, those who take action increase their savings rate by 8% (7.07% to 8.4%), on...
“Eighty-six percent of employees say that if their employer improved benefits or added access to an investment plan, it would have a positive impact on them at work,...
Twenty-six percent of workers surveyed by EBRI have decreased contributions to their retirement plan, and 27% have delayed retirement due to increased health care costs.
The most common benefit changes organizations have made or are planning or considering include expanding personal financial planning, increasing 401(k) contributions and increasing or accelerating pension plan contributions.
However, at year-end 2015, for example, the ICI says participants in their twenties had 80% of their portfolios invested in equities, while participants in their sixties had 55%...
However, researchers say their outcome could possibly improve, given the fact that they still have a long time horizon to save, the markets could deliver strong returns and...
Plan sponsors cite a number of reasons for being unlikely to offer an annuity-type product in the near term; top reasons include the belief that it is unnecessary...
“We’re not suggesting things that take a lot of expense—the strategy uses existing tools plan sponsors have as well as existing capabilities of providers,” Steve Vernon, a research...
A significant number of retirees and pre-retirees report that they feel unprepared to navigate financial shocks and unexpected expenses, according to a survey from the Society of Actuaries.