Offered by
Alight Solutions, WealthSpark combines highly customized investment portfolios designed by AllianceBernstein (AB) with Personal Capital's digital wealth management tools.
Alight Solutions analyzed the 10 - year time period from January 1, 2007, through January 1, 2017, of data from nearly 50 companies that offer TDFs and managed accounts covering more than 2 million eligible participants as of January 1, 2017, and found among all plans 7 % of participants were managed account users — workers enrolled in a managed account service at any point in time during a year — and 38 % were full TDF users — workers whose in - plan assets were at least 95 % invested in one or more TDFs at the end of a year.
The percentage of defined contribution (DC) plans offering in - plan professional investment assistance has grown significantly over the past decade, according to data from
Alight Solutions.
Professional investment assistance helps DC plan participants» outcomes; however, an analysis from
Alight Solutions found users of managed accounts see higher returns, are more diversified and save more in their DC plans.
However, according to
the Alight Solutions 401 (k) Index, formerly the Aon Hewitt 401 (k) Index, trading activity for the months was the lowest for the year.
On average, 0.013 % of participant 401 (k) balances traded each day in May and June, the lightest trading months of the year, according to
the Alight Solutions 401 (k) Index, formerly the Aon Hewitt 401 (k) Index.
According to separate calculations by
Alight Solutions and Fidelity Investments,
According to separate calculations by
Alight Solutions and Fidelity Investments, one out of five workers don't invest enough to get their employer's full matching contribution.
Not exact matches
Reaching through the haze of post-Christian understanding, employing against itself the only moral language she knows» the Judeo - Christian language of victims» Arundhati Roy
alights by chance on a
solution.
After much trial and error, the team
alighted on the
solution of floating chunks of polystyrene on water.
Personal Capital pairs up with
Alight to distribute its PFM
solution into the large firm employee channel as a means of getting financial advice prospects.
«We believe WealthSpark will be a bridge to connect people's financial realities with their financial goals to truly help them thrive,» explains Alison Borland, executive vice president of defined contribution [DC]
solutions at
Alight.