Wilmington Trust Launches CIT Onboarding Tool
The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts.
Investing
August 401(k) Trading Sees 2nd Lowest Trading Month
The latest data from Alight Solutions show two above-normal trading days in August, with investors favoring equities during 13 of the 23 trading days.
California Pension Fund Seeks to Halve Exposure to Carbon Emitters
CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.
Select 401(k) Balances Declined with Market in Second Quarter
According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 19% lower than a year ago.
Florida Governor Bars State Funds From ESG Investing
DeSantis contends that applying climate and racial sensitivity to asset allocation could harm financial performance.
Retirement Plans Outperformed the S&P 500 During a Volatile Second Quarter
401(k) savings rates remained near record levels.
401(k) Trading Light in July Despite Market Gains
Stable value funds topped inflows, while most outflows were from target-date funds, according to Alight Solutions data.
GOP Attorneys General Raise Fiduciary, Antitrust Concerns in Letter to BlackRock
August 4 letter to CEO Larry Fink seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’
June Slump Causes $262 Billion Drop in U.S. Public Pensions’ Assets
Funded ratio for the 100 largest U.S. public funds fell to 74.0%
Florida’s DeSantis Joins Other GOP Pols in Opposing ‘Woke Capital’
Governor moves to bar the State Board of Administration from adopting ESG-investing tenets.
Preliminary Public Pension Investment Losses in 2022 Estimated at 10.4% on Average
Economic and geopolitical challenges significantly diminish last year’s gains.
In-Plan DC Annuities and the Existential Plan Sponsor Question
Plan sponsors must consider life expectancy at retirement rather than what is projected at birth.
401(k) Investors Favored Fixed-Income Funds in June
All but three days in the month had net trading flows going from equities to fixed income.
Real Asset Allocations in Target-Date Funds
Real asset allocations are important for select plan participants.
Benchmark Properly for Access to Alternatives
After precedent-setting decisions, plan sponsors may have a clearer road ahead for incorporating alternative investments in defined contribution plans.
Growing Inclusion of Alts in DC Plans
Defined contribution retirement plans are incorporating alternative investments in custom target-date funds, and access to alternatives has increased thanks to white-label funds.
Context Is Key To Weathering Volatile Markets
Investors are witnessing and adjusting to the end of a very long 'easy money' era.
PSNC 2022: Decumulation Designs
One reason lifetime income options are important for plan sponsors to explore is that many individuals underestimate how long they will live in retirement.
PSNC 2022: Selecting and Monitoring Income Options
Understanding participant needs and the different options for creating retirement income will help plan sponsors make the right choices.
PSNC 2022: The Evolving DC Plan Investment Menu
Customization and, more recently, inflation hedging are considerations for defined contribution plan investment lineups.