The U.S. is falling behind other countries in offering alternative investments in defined contribution plans, according to speakers at the DCIIA Academic Forum.
Reacting to cases citing the ‘inappropriateness’ of certain investments, many large plan sponsors have eliminated volatile asset classes from their menus.
The Treasury Department issued a record-breaking multi-billion dollar fine against crypto exchange Binance as part of a broad settlement with federal officials.
IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit retirement plans.
The Board, or its designee, will review the investment performance of each investment option and underlying investment fund at least quarterly and review the policy at least annually.
In an uncertain regulatory environment, panelists discussed considerations for plan sponsors when evaluating whether to put ESG funds into an investment lineup.
Shareholders can approve a proposal to reclassify Hartford’s Growth Opportunities Fund as a non-diversified investment, according to a securities filing.
Despite the many advantages of managed accounts, plan sponsors still have reservations due to concerns about fees, litigation and participant engagement, new research finds.
Employees surveyed by MFS Investment Management expressed confusion about the benefits of target-date funds and a lack of confidence about their withdrawal needs in retirement.