401(k)

Municipal bond sales in the U.S. are set to decrease in the next month while the amount of redemptions and maturing debt rises.

Almost half of U.S. workers didn’t have a company-sponsored retirement plan in 2013, compared with 39% in 1999, according to an analysis of Census Bureau data by the Schwartz Center for Economic Policy Analysis at the New School for Social Research in New York.

The median state pension last year had 70% of the assets needed to meet promised benefits, up from 69.2% in 2013.

Small market participants have less access to support and appear to be less knowledgeable and engaged in their workplace retirement plans.

Employees are gaining confidence in their short-term finances but the majority is still not saving enough for retirement.

Having developed robo platforms for retail clients and advisors, Betterment is expanding further into the asset management industry with a 401(k) offering for businesses.

"Many expect to continue working in retirement,” says Catherine Collinson, president of the Transamerica Center for Retirement Studies.