Debt investors losing millions on the move to SOFR are starting to fight back, requiring credit spread adjustments to make up the difference between the benchmarks.
The debate's likely to continue over whether 401(k) plan sponsors should consider environmental, social and governance factors when selecting investment options, but the rule creates new opportunities for advisors.
By putting the right financial well-being solutions in place, employers can start to alleviate the severe stressors that may exist between races, genders, and other vulnerable groups—and help these people stay at your company.
Environmental, social, and corporate governance factors may become more acceptable as decision factors in plan fiduciaries' selection of investment options. But the rules will likely continue to evolve.
Americans now expect to need $1.25 million in retirement, and they don't expect to retire until age 64, vs. an expected retirement age of 62.6 last year.
In today's tight labor market, the focus on employee health and well-being is a critical success factor for businesses' recruitment and retention efforts.
