Data and Research | September 28th, 2022 Workers Delaying Retirement Has Doubled Since Last Year For employers, the recent upward trend in delayed retirement is causing complications, according to a new report from Nationwide Retirement...
Data and Research | September 27th, 2022 Survey Shows Drop in Retirement Confidence Since February A new Bank of America report reveals a recent downward trend in employees’ retirement confidence and financial wellness.
Compliance | September 26th, 2022 Plan Sponsors Consider PBGC Premium Strategies As plan sponsors near the deadline for changing how they calculate PBGC premiums, some are considering a change in light...
Data and Research | September 14th, 2022 Employment, Income Inequality Cited as US Drops to 18th on Natixis Retirement Index Norway takes the top rank from Iceland, while Switzerland remains in second.
Data and Research | September 13th, 2022 Focused Retirement Savers Are Not Dispirited by Inflation A Principal survey of “super savers” shows that a majority have been saving more over the past two years than...
Data and Research | September 8th, 2022 Inflation Is Driving Workers to Review Benefit Choices U.S. workers are feeling financially stressed because of inflation and want help from their employers to make optimal benefit selections.
Data and Research | September 7th, 2022 Saving for Retirement Stays a Top Goal Amid Recession Fears Business sentiment has remained steady, and some employers expect to increase retirement benefits for employees.
Benefits | September 6th, 2022 Inflation Has Altered Plan Sponsors’ Benefits Spend The higher cost of employer-sponsored benefits has driven HR executives to get innovative during this year’s open enrollment.
Investing | August 30th, 2022 Select 401(k) Balances Declined with Market in Second Quarter According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 19% lower than a year ago.
Data and Research | August 25th, 2022 Parents’ Retirement Confidence Deflated by Inflation Among U.S. parents, 52% say saving for retirement is their top financial goal, Nationwide data show.
Data and Research | August 25th, 2022 Pandemic Disruptions Still Affecting Savers A sizable majority of savers say the pandemic has been ‘highly disruptive’ to the way they manage their finances.
Data and Research | August 17th, 2022 Inflation Worries Cause Participants to Adjust Retirement Savings More than half of the respondents in an Empower survey plan to put more money into retirement savings as inflation...
Compliance | August 15th, 2022 Inflation Reduction Act Prescribes Fragmented Drug Pricing Reforms An employer trade association criticizes the bill for excluding the commercial market from prescription drug reforms.
Data and Research | August 8th, 2022 Workers Worry About Retirement Income as Prices Spike Millennials lead Generation X and Baby Boomers in believing that they won’t receive any benefits from Social Security upon retirement.
Data and Research | August 4th, 2022 Effects of The Economy Being Felt by Many Many adults report their overall confidence to meet their financial goals is down as inflation remains high and the cost...
Data and Research | August 1st, 2022 Pandemic Hits Financial Confidence of Women and Millennials Harder A Prudential Financial survey shows that 79% of workers are concerned that rising inflation will spill over to their finances.
Data and Research | July 29th, 2022 Retirement Confidence Has Declined Across Generations Gen Z is deferring an average of 14% of each paycheck for retirement savings, besting earlier generations.
Benefits | July 27th, 2022 Plan Sponsors Are Exploring Renewed Pensions Employers are exploring workplace benefit enhancements to retirement plans to address feelings of financial insecurity and attract and retain employees. ...
Data and Research | July 27th, 2022 Inflation Slowing Workers’ Retirement Saving Inflation is the top challenge to saving for retirement, according to a new survey from Schwab Retirement Plan Services.
Data and Research | July 26th, 2022 Mega DC Plans Nudge Workers to Increase Savings The 50 largest Northern Trust Asset Management plan sponsors are using auto-escalation to boost savings, but they are not focused...