Fidelity Investments expects its retirement assets to continue to increase this year as both employers and employees become more engaged with 401(k) plans.

Beth McHugh, a vice president of market insight for the Boston-based fund company, said in an interview that assets would increase as more employers automatically enroll employees into 401(k) plans and more employers begin utilizing features that allow 401(k) contributions to be automatically increased annually.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access