Who Should Help 401(k) Participants: Advisors or Record Keepers?
As the retirement industry shifts focus from just saving to helping people use their 401(k) money wisely, a big question has come up:Who’s best suited...
AI
The Coming of Age for Defined Contribution Plans
The 401(k) Industry Is Growing Up—Fast. With $12.5 trillion in assets, 100 million+ accounts, and 800,000 plans, 401(k) and 403(b) plans have officially moved from...
Key Questions 401(k) Plan Sponsors Often Overlook
In a recent Fiduciary News article, Christopher Carosa, CTFA spotlighted several critical questions that 401(k) plan sponsors frequently neglect to ask, even though they have...
Overcoming Challenges in 401(k) Record Keeping: John Hancock’s New Approach
There are significant challenges for 401(k) and 403(b) record keepers still relying on outdated technology, much of it built in the 1990s using mainframe coding...
Millennials and Gen Z Embrace AI for Retirement, Experts Urge Caution
A recent study from artificial intelligence (AI) platform Pearl reveals that nearly two-thirds of Gen Z and millennials would follow AI-generated retirement advice based on...
Protected: T. Rowe Price Enhances RPA Support in the 401(k) Market Amid Wealth and Retirement Convergence
There is no excerpt because this is a protected post....
The Race to the Bottom: Fee Compression’s Impact on the 401(k) System
The push for lower fees in the 401(k) industry has led to substantial changes over the past 25 years, benefiting plan sponsors and participants initially,...
The Case for Professional Retirement Plan Fiduciary Services
Remember when managing a retirement plan was simpler? Ah, the good old days. Today’s retirement plan sponsors face an increasingly complex web of ERISA requirements,...
RPA Aggregator Roundtable: Navigating a Radical Shift in Retirement
At the seventh annual RPA Aggregator Roundtable, industry leaders tackled a transformative shift in the retirement space driven by three major trends: Scaling Advice: With...
Transforming 401(k) Plans Through AI
Artificial intelligence (AI) could transform the 401(k) industry in a way similar to the impact behavioral finance has had on retirement planning. While the industry...
