The Next Wave of 401(k) Record Keeper Consolidation
The 401(k) record-keeping industry is entering a new wave of consolidation, with more providers expected to merge or exit in the next three to five...
Consolidation
Is the 401(k) Industry Re-Bundling?
After decades of unbundling recordkeeping, advisory, and investment services, the 401(k) industry appears to be moving back toward re-bundling as consolidation and wealth-retirement convergence accelerate. ...
Will Wealth Advisors Start Managing More 401(k) Plans?
More 401(k) plans are being created because of state rules and tax incentives, but most wealth advisors aren’t rushing to get involved. They usually focus...
401(k) Managed Accounts Can Help Improve Gen X Retirement Readiness
Gen X workers (ages 44-59) face unique hurdles on their path to retirement. As the “Sandwich Generation,” they’re often simultaneously caring for both children and...
How Consolidation & Convergence Are Shaping the 401(k) Industry
The 401(k) industry is undergoing significant changes due to consolidation and convergence, driven by the increasing demand for plan sponsors to support employees and the...
The Ongoing Consolidation of the 401(k) Industry
The 401(k) industry is experiencing consolidation, driven by plan sponsors who are becoming more involved in managing their plans. This consolidation follows a four-stage process:...
New Auto Savings Features Could Help Address the Job Mobility Challenge
The average employee changes jobs nine times throughout their career, creating a challenge for traditional 401(k) savers. A recent panel discussion hosted by the Brookings...
Auto Portability: A Potential Game-Changer for Retirement Savings in America
Auto portability is a powerful innovation that’s addressing one of the most persistent challenges in the retirement industry: lost and forgotten 401(k) accounts. Auto portability...
Hearts & Wallets: Employees Taking on the Majority of Retirement Planning Responsibility
Employees perceive themselves as largely self-reliant when it comes to retirement planning. So finds recent research by financial benchmarking firm Hearts & Wallets, cited in...
Bridging the Generational Gap: Adapting Retirement Planning for Changing Expectations
A seismic shift is occurring in the constantly shifting retirement planning space. Plan sponsors and advisers now find themselves navigating dramatically varying expectations about retirement...
