Ted Godbout

With fee compression and other market pressures in the defined contribution space, financial planning and wealth management opportunities are becoming more attractive offerings to recordkeepers, plan advisors and other DC providers.   In fact, several DC plan providers are harmonizing their DC and... READ MORE

A new study finds encouraging signs of improvement in the U.S. adult population’s financial capability even with the pandemic and substantial challenges in the labor market.  In fact, on many measures of financial capability, U.S. adults generally fared better in 2021 than in the decade leading up... READ MORE

The prospect of 401(k) plans adding cryptocurrency to their plan menu is like waiting for “fruit to ripen,” according to a plaintiff’s lawyer who spoke as part of a July 26 “Lessons from Litigation” panel at the 2022 NAPA D.C. Fly-In Forum.   Attorney Mark Bokyo (at right in photo), a Partner with... READ MORE

Retirees face many financial risks, such as outliving their money, investment losses and unexpected health expenses, but a new study finds that they may be overestimating some risks while underestimating others.  In "How Well Do Retirees Assess the Risks They Face in Retirement?" by Wenliang Hou,... READ MORE

Amid fears of rising inflation and ongoing market volatility, 401(k) participants remained busy but cautious traders in the second quarter of 2022.  According to the Alight Solutions 401(k) Index, net trading activity significantly favored fixed income during the second quarter, with 51 out of 62... READ MORE

Consumers and financial professionals are worried about the impact that inflation, market trends and a possible recession will have on spending power in retirement, according to the results of a new survey.    In fact, the Protected Retirement Income and Planning Study by CANNEX and the Alliance... READ MORE

Continuing their two-decade decline, the average expense ratio paid by fund investors fell again last year, Morningstar’s annual U.S. Fund Fee Study reports.    The study, which evaluates trends in the cost of U.S. open-end mutual funds and exchange-traded funds (ETFs), found that the asset-... READ MORE

The Congressional Research Service has issued a concise synopsis of the current policy developments surrounding the inclusion of cryptocurrency in DC plans.   The CRS, which serves as nonpartisan research staff to congressional committees and members of Congress, explains that in recent months... READ MORE

A new study suggests that the next generation of workers, led by Millennials and Gen Z, is more focused on addressing short-term financial challenges than longer-term goals.    Consequently, the next generation of employees, hindered by inflation and debt, has prioritized becoming financially... READ MORE