Paper Statements, Word Choices: Encouraging Later Social Security Claims
Legislation proposed in the Senate seeks to reduce the number of seniors leaving Social Security benefits on the table by beginning collection at age 62.
Latest News
Managing Investment Risk in Chinese Assets
An expert panel hosted by CII discussed the risks of investing in China and what it means for retirement plan investment selection.
Retire-and-Relocate Strategy Can Pay Off for Some Retiree Homeowners
Vanguard Group research showed that individuals intending to pursue such a plan in retirement must understand the risks involved.
DOL Appoints 5 New Members to the ERISA Advisory Council
The new members represent accounting, insurance and the interests of employers, employees and the general public.
Employers Should Offer Variety of Retirement Income Options, Survey Shows
A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income options to workers.
Gensler Defends SEC’s Climate Disclosure Rules at CII Conference
The SEC chair explained that more market actors are using climate and greenhouse gas information in investment decision making, and the SEC is trying to standardize their disclosures.
PennSERS Drops 12% in 2022
The pension fund lost $6.5 billion in asset value over the last year, ending a three-year streak of double-digit gains.
Retirement Industry People Moves
Wagner Law names new Chicago-based ERISA attorney; Franklin Templeton appoints senior alternatives strategist; WTW names director of retirement; and more.
Benefits |
How Plan Sponsors Can Best Communicate With Participants
Experts suggest plan sponsors use direct and personalized messaging when communicating about benefits.
Senators Brown and Collins Re-Introduce Social Security Fairness Act
The bill, if passed, would repeal reductions in Social Security benefits paid to certain public pensioners.
Principal Integrates Businesses With Renewed Focus on Retirement
Owais Rana was promoted to head of investment solutions for Principal Asset Management, which is merging previously separate businesses.
Products |
Investment Product and Service Launches
Alight’s expanded wellness programs allows employees’ families to join; ComplySci launches regulatory compliance guide for financial firms; Equitable adds volatility protection; and more.
Institutional Investors Add Active Allocations to Start 2023
Asset flows data for early this year shows institutional investors bucking 2022 trends.
IRS Offers New Rules on Deadline for Using Retirement Forfeitures
The proposal states that plan administrators need to use retirement plan forfeitures within 12 months.
Senate Follows House in Rejecting DOL ESG Rule
A resolution to nullify the rule to allow for ESG factors in retirement plan investments will now go to Biden’s desk, where he has promised a veto.
Defined Benefit Plans Posted Worst Performance Since 2008 Crisis Last Year
But performance for defined benefit plans did rebound in Q4, according to a new report.
Benefits |
Employers Increase Focus on Financial Well-Being, but Study Reveals Gaps
A recent study shows that while employees are most worried about day-to-day expenses, companies are prioritizing long-term retirement benefits.
Benefits |
Defined Benefit Plans Live On as Older, Wise Neighbors, Where DC Plans Can Borrow Ideas
A plan sponsor, academics and pension benefit expert agree that defined benefit plans are largely on the way out, yet optimal pension features should survive.
Benefits |
Cash Balance Plans Gain in Popularity
Combining features of DB and DC plans, these hybrids especially appeal to small and midsize businesses.
Benefits |
End Of The Road For Defined Benefit Plans? Not Quite
While the vast majority of DB plans are frozen, plan sponsors are keeping all options on the table for participants.