Advisors can gain a competitive edge in the defined contribution market by promoting the merits of automatic enrollment, recommending innovate income producing products for retirees, and selecting attractive default investment options, reports FinancialAdvisor.com.

Employers have been combining benefit planning, improved communications, and financial planning in the services they offer their employees, reports AdvisorOne.

Older baby boomers appear to be the last generation that will maintain their living standard in retirement as younger generations are failing to financially prepare for their golden years, reports Forbes.