Benefits play a major role in the employee experience, as most can attest to on a personal and professional level, but new research suggests that it’s simply not enough to make benefits available to... Read More
Advertisement
Industry Trends and Research
BY John Sullivan | 9/12/2023
The National Association of Plan Advisors (NAPA) has launched the NAPA Advisor Research Institute (NARI), a new and unique research arm dedicated to the retirement plan advisor industry, the... Read More
BY Nevin E. Adams, JD | 9/8/2023
Much is made of the importance of work/life “balance”—so how is it playing out in your practice(s)?
Somewhat problematically, there seems little consensus on exactly what that “should” be—more... Read More
BY John Sullivan | 9/6/2023
Little surprise, participant engagement sits atop the list of short-term priorities for plan sponsors. At the same time, high-profile issues like retirement income, discussed ad nauseam among... Read More
BY Ted Godbout | 9/6/2023
Fee pressures continue to be a dominant force in shaping the future of target date (TD) solutions as evidenced by the top two most supported developments identified by T. Rowe Price’s just-released... Read More
BY John Sullivan | 9/5/2023
They make it sound so simple.
The Aspen Leadership Forum on Retirement Savings released a summary from their June meeting, which focused on “five big ideas about closing the access gap and making... Read More
BY NAPA Net Staff | 9/2/2023
Financial wellness remains both a hot topic of interest and enthusiasm—how, if at all, does HSA education fit in?
Oddly, despite the passion many advisors have for financial wellness as a... Read More
BY Ted Godbout | 8/28/2023
Retirement plan advisors take note—2023 should be thought of as a year of opportunity, as an increasingly complex retirement landscape is expanding the pathways for greater advisor impact.
This is... Read More
BY Ted Godbout | 8/28/2023
With staff turnover being both costly and disruptive, especially at senior levels, businesses increasingly are relying on nonqualified deferred compensation (NQDC) plans as a means of driving... Read More
BY Ted Godbout | 8/24/2023
While financial worries remain among the top reasons Americans are delaying retirement or are returning to work, a surprising number cite other, more personal reasons for doing so, a new survey finds... Read More
BY Nevin E. Adams, JD | 8/22/2023
One of my favorite parts of the NAPA 401(k) Summit is a comprehensive annual survey we do of advisors in attendance at the Summit I call the Summit Insider.
It’s a unique opportunity to get the... Read More
BY Ted Godbout | 8/22/2023
Even though inflation is subsiding according to the latest government data, the average costs that U.S. employers pay for their employees’ health care is expected to surge next year.
According to... Read More
BY John Sullivan | 8/21/2023
Compounding the problem of low financial literacy is “low longevity literacy,” or a lack of understanding of how long people tend to live in retirement.
According to new research from the TIAA... Read More
BY Ted Godbout | 8/17/2023
Born from 1997 to 2012, Generation Zers have often been called the most ethnically diverse generation who have grown up entirely with modern technology. But as they begin to enter the workforce, what... Read More
BY John Sullivan | 8/17/2023
A positive stock market and steady contributions meant retirement account balances once again rose in the second quarter of this year.
Fidelity Investments’ quarterly analysis of the savings... Read More
BY Nevin E. Adams, JD | 8/17/2023
The third-party administrator, or TPA (bear in mind that a recordkeeper is also a TPA) can be a key advisor ally—or, if expectations aren’t aligned—the bane of a customer relationship. What’s most... Read More
BY Ted Godbout | 8/16/2023
The never-ending battle to attract and retain key executives and high-level talent has U.S. employers looking to make enhancements to their nonqualified retirement plans, a new survey finds.
The... Read More
BY Nevin E. Adams, JD | 8/15/2023
An update of a so-called “study” has been making the rounds—again—and its authors have doubled-down (and then some) on the assumptions in an updated version.
I’m referring to something called “The... Read More
BY John Iekel | 8/15/2023
Many members of the Baby Boom generation have retired, and many of those who remain in the workforce are not far off from following suit. But many of those individuals are less financially prepared... Read More
BY John Sullivan | 8/14/2023
New information about the state of 401(k) saving (and savers) resulted in good and bad news from one of the nation’s largest recordkeepers.
Good news—average 401(k) balances are up almost 10% for... Read More
BY Ted Godbout | 8/14/2023
A newly released survey of plan sponsors reveals that many continue to broaden efforts to help participants achieve retirement security across employee financial wellness, plan design, and... Read More
BY Ted Godbout | 8/11/2023
The findings of a recent survey reveal a growing disparity between U.S. employers and their employees on the subject of financial health and well-being.
While both employers’ and employees’ top... Read More
BY Ted Godbout | 8/10/2023
Based on the latest consumer price data released Aug. 10, The Senior Citizens League (TSCL) estimates that the Social Security cost of living adjustment (COLA) for 2024 is looking increasingly like... Read More
BY Ted Godbout | 8/9/2023
To attract and retain talent in a tight labor market while helping employees address sky-rocketing costs, a new study finds that U.S. employers are pursuing innovative new ways to improve their... Read More
BY Ted Godbout | 8/8/2023
There’s some good news and bad news in Bank of America’s newly released Q2 2023 Participant Pulse report.
First, the good news; average 401(k) balances increased by $7,250 or 9.6% since the end of... Read More
Recent Comments