How to Effectively Measure Retirement Plan Success
It’s important for plan sponsors to define plan goals and what they are going to measure, and the defined metrics should be things they can influence.
Latest News
Retirement Industry People Moves
Private equity firms acquire Wells Fargo Asset Management, while T. Rowe Price Retirement Plan Services makes key hires.
Self-Dealing ERISA Suit Targets Principal Insurance Co.
The lawsuit suggests the defendants chose and maintained Principal investment products and plan administration services because Principal, its subsidiaries and its officers benefited financially from the fees.
CARES Act Considerations: CRDs, RMDs, Taxes and More
Between retirement reforms first created by the SECURE Act and then updated by the CARES Act, there is a lot of confusion about required minimum distribution deadlines and...
Products |
Investment Product and Service Launches
MSCI to launch investment solutions with Microsoft, and Xtrackers by DWS launches ESG ETFs.
BBVA Compass Bancshares Loses Second Attempt to Get ERISA Suit Dismissed
Since there were no clear administrative remedies for fiduciary breaches spelled out in plan documents, a federal judge rejected the firm’s claim that the plaintiffs failed to exhaust...
Plan Sponsors Have Fiduciary Duties to Follow During Adviser M&As
They should know the right questions to ask as advisory firm merger and acquisition activity continues to increase.
Benefits |
Taking a Fresh Look at Health Benefits Will Be Important Throughout the Pandemic
Specific benefit offerings and increased communications are needed to help employees and to keep costs down.
Products |
Tax Resources on Equity Compensation Updated
myStockOptions.com says it wants employees to realize the full potential of their equity compensation.
The NQDC Market
Data on number of plans, participants and liabilities by nonqualified plan type, and a listing of the largest providers of section 409A plans and section 457 plans.
Ways NQDC Plan Participants Use Their Accounts
Section 409A nonqualified plans allow for various payment dates so participants can save for children’s college expenses and other financial needs and wants.
Differences Between NQDC Plans Subject to IRC 409A and 457
The nonqualified plans offered to top executives at for-profit companies are subject to different rules than those offered to executives at nonprofits.
Natixis Accused of Self-Dealing in New Lawsuit
The lawsuit alleges that a preference for proprietary investments led to excessive fees and the continuation of underperforming investments in Natixis’ plan lineup.
Two Private Equity Firms Will Purchase Wells Fargo Asset Management
The deal means that GTCR and Reverence Capital will also acquire Wells Fargo Bank’s North American-based business of serving as trustee to its collective investment trusts (CITs) and...
Benchmarking Custom TDFs Is Not an Exact Science
However, there are methods to create a benchmark, and consultants and investment managers should be able to help.
Women’s Retirement Savings Especially Affected by the Pandemic
Offering employees flexible work schedules and access to financial advice are among actions plan sponsors can take to help.
Products |
Prudential’s Financial Wellness Offering Now Includes Caregiving Resources
The firm notes that the coronavirus pandemic has added to the burden many caregivers bear and created more caregivers.
Legislation Offers Flexibility for FSAs
An IRS notice clarifies rules regarding elections without a qualifying event, an extended grace period for unused amounts and other provisions included in the Consolidated Appropriations Act, 2021.
Proposed Settlement Reached in Cerner ERISA Suit
The parties are asking a judge to approve the settlement, which includes monetary and non-monetary terms.
Retirement Industry People Moves
Reams selects fixed income professional as portfolio manager; Schroders announces recent hires in New York and Denver; ERISA attorney joins Jackson Lewis P.C.; and more.