How Social Media Influences Plan Sponsors’ Participant Communications
The critical mission of educating younger employees about retirement investing requires different engagement tactics than in the past.
Latest News
Retirement Contributions, Hardship Distributions Both Increased in Q1
Despite the markets dragging down retirement account balances, a snapshot of early-2023 activity shows workers still saving.
October Three Consulting Is Growing by Acquisition
Purchase of Retirement Learning Center expected to add educational resources and guidance for plan advisers.
2023 Pay Increases Are Largest Since 2008 Crisis, Study Shows
Mercer data showed employers fell just short of salary increase goals set in December.
SEC Accuses Fund Adviser of Violating Liquidity Requirements
Pinnacle Advisors helped a mutual fund dodge SEC liquidity requirements for at least a year, the SEC charges.
DOL Sues Shuttered Arizona Computer Company Profit-Sharing Plan
The Department of Labor alleges a closed computer equipment supplier and services company abandoned responsibility for its profit-sharing plan in the late 1990s.
Amendments to SEC Custody Rule Would Expand Scope to More Asset Classes
Many market actors are requesting an extension on the comment period, which ends Monday, to better analyze the proposal.
Retirement Industry People Moves
Millennium Trust announces new chief financial officer; Transamerica names customer experience and marketing lead; and more.
Benefits |
HSA Bank Offering Provides Reimbursement to Participants for Education Costs
The employer-provided Tuition Reimbursement Account could help participants pay for expenses like tuition, books, registration fees and more.
Florida Anti-ESG Bill Signed Into Law by DeSantis
The governor hopes the bill will be a blueprint for states seeking to ban sustainable investing.
GSAM Promotes Tavares to Head of Multi-Asset Solutions Advisory
Goldman Sachs Asset Management plans to focus resources on the multi-asset solutions business.
DC Plan Sponsors Should Pay Attention to Increased Litigation, Low Retirement Confidence
The first quarter of 2023 in the defined contribution market saw an uptick in lawsuits, many legislative and regulatory changes and a dip in retirement confidence, speakers on...
Products |
Investment Product and Service Launches
Allianz Life enhances Allianz Index Advantage+ Variable Annuities; Brighthouse Financial improves Shield Level Annuities Product Suite.
Auto-Enrollment Gains in Popularity Among Retirement Plan Participants
An annual American Century Investments survey revealed a major increase in acceptance and expectation of employers pushing employees to save more.
PBGC Grants More Than $600 Million to 3 Struggling Pension Funds
The pensions are in the service, transportation and manufacturing industries.
Siegel Says Stock Options Can Help Participants Hedge Against Inflation
Economist and investor Jeremy Siegel favors stocks, REITs and certain high-yield bonds for long-term investing.
Many Plan Sponsors Hesitant to Offer Retirement Income, Study Shows
Many plan sponsors have yet to consider retirement income solutions and are hesitant about offering alternative investments.
Annuities Hit All-Time Quarterly Record
LIMRA reports that retail annuities are booming, even as new research from PGIM shows that 34% of plan sponsors are considering adding them in retirement plans.
New NIRS Report Details Alaska Public Worker Exodus After Switch to DC Plan
The 2005 move led to increased turnover in employees enrolled in Alaska’s TRS and PERS retirement plans, the study found.
Former Wilmington Trust CIT Division Rebranded as Great Gray Trust
After acquiring the Wilmington Trust CIT division from M&T Bank, new owners Madison Dearborn Partners opt for rebrand.