An independent data, market intelligence and benchmarking firm dedicated to the financial services industry.

This qualitative report is sourced from our June 2024 focus group series. We observed consumer reactions to "In-Plan Retirement Income Solutions," which are target date retirement funds in employer-sponsored plans that have an option to allocate up to 30% of the account balance to an annuity starting at age 55, and providing a stream of lifetime income at retirement.

Choosing appropriate investments is a challenge for many, and more people are seeking advice — especially the young. And advice is now more often delivered through a combination of resources, including online and through financial professionals. This report explores which financial tasks consumers find difficult, what they are most likely to seek advice on, and where the biggest advice gaps are.

Hosted by CAPTRUST’s Defined Contribution Practice Leaders, this discussion with Laura Varas breaks down the opportunities and challenges facing plan sponsors and fiduciaries to provide actionable insights and best practices.

Let’s face it, crafting an innovative retirement plan benefit that optimizes outcomes, minimizes risk, improves employee engagement, and manages costs—all while navigating the compliance nuances of today’s employer-sponsored retirement plan landscape—is no easy feat! In Revamping Retirement, we explore timely and relevant topics related to plan design, fiduciary process, vendor management, investment oversight, and participant engagement.

Over 70% of Hearts & Wallets subscribers experienced positive net flows in 2022. This compared to just 30% of non-subscribers. Consider a Hearts & Wallets Trends™ subscription to help your organization build customer, product and distribution strategies to support asset growth.

Source: Investor Quantitative Database, 2023, encompassing 6,000 consumers, 15,000 store relationships, and 8,300 completed and anticipated money movement transactions.