4+ day, 7+ hour ago   (403+ words) Among widowed adults surveyed by Ameriprise, 58% wanted someone with whom they could share financial decisions. As some adults cope with the loss of a partner who helped make financial decisions, advisers are stepping in with needed guidance, according to newly…...

1+ week, 1+ day ago   (367+ words) New investment options are a goal for 89% of surveyed sponsors, but a growing number want advisers to make the call. Retirement plan sponsors are turning to advisers for help and increasingly handing over plan decisions in the process. Fidelity Investments…...

1+ week, 1+ day ago   (83+ words) planadviser Employees who enter part-time employment or temporarily leave the workforce could see a larger than expected impact on their retirement savings, according to recent analysis by Pew Charitable Trusts’ State Fiscal Policy project, in a study on public sector…...

1+ week, 1+ day ago   (1177+ words) Alight names wealth solution leader; Council of Institutional Investors appoints executive director; Merit Financial Advisors hires chief technology officer; and more. Alight, Inc., a benefits administration provider of health, wealth and leave solutions, named Bruce E. Wolfe as senior vice president,…...

1+ week, 4+ day ago   (271+ words) Even with sponsors offering a large menu of options, two-thirds of participants only used one fund. Target-date funds have become the dominant investment vehicle in defined contribution plans. According to Vanguard’s report, “Trends in Defined Contribution Lineups and Participant Behavior,…...

1+ week, 4+ day ago   (713+ words) Pooled employer plans were once thought to be primarily for small businesses seeking access to retirement plans, but advisers say their appeal has broadened as employers seek to reduce administrative burdens and outsource fiduciary responsibilities. “An adviser should be exposing…...

1+ week, 4+ day ago   (747+ words) Few deny the savings power of payroll deductions, whether paying into Social Security or saving into a retirement plan. Workers are enrolled in a retirement plan, money moves automatically from payroll into an account, and inertia begins working in favor…...

1+ week, 4+ day ago   (999+ words) For many retirement plan advisers, micro plans have long posed a difficult question: Are plans with just a handful of participants worth the time, effort and resources required to serve them? Nate Moody, a partner in and senior adviser at…...

2+ week, 1+ day ago   (272+ words) Prosperity taps Jeff Lenhart as president; Jackson Lewis names new employee benefits principal; and State Street appoints Pete Dorsey as chief risk officer. Prosperity, an EisnerAmper Company and a registered investment adviser, has named Jeff Lenhart as President to lead…...

3+ week, 2+ day ago   (250+ words) More than one-quarter of surveyed Generation Z investors said they used sports betting as part of a long-term investing strategy, according to Betterment. Generation Z has a positive view of retirement, according to a new SoFi survey, but its approach…...