Several Forces Will Drive Portfolio Positions for Institutional Investors
The pandemic, monetary policy and politics converge to drive changes to equity and fixed income allocations.
Latest News
DC Plan Consultants Expect a Focus on Retirement Income
Consultants underscore the need to focus on outcomes, and a successful path forward relies on designing DC plans to help participants meet future retirement income needs.
Guidance on Missing Participants Listed as IRS Priority
The 2020-2021 Priority Guidance Plan says the agency will include guidance on uncashed checks.
Lawsuit Filed on Behalf of Cognizant Technology 401(k) Plan Participants
The lawsuit alleges plan fiduciaries failed to ensure plan investments and fees were prudent.
Second Case Against Cerner Dismissed Then Reopened
The parties are now discussing a potential settlement, according to the court docket.
Retirement Industry People Moves
Schroders adds institutional director; BPAS CEO announces retirement; Alerus to acquire Retirement Planning Services Inc.; and more.
Mercer Re-evaluates Retirement Practices for 2021
More employers are emphasizing employee needs as they look to the new year, Mercer says.
UPenn Will Settle ERISA Fiduciary Breach Lawsuit
The filing of a stay motion related to a forthcoming settlement represents the beginning of the end for the complicated litigation.
Union Pension Funding Crisis Solution Remains Elusive
There are plenty of ideas to address the funding crisis facing certain multiemployer union pensions, but consensus federal legislation remains out of reach.
Products |
Investment Product and Service Launches
Domini Impact Investments releases mutual fund and ASI launches several ESG-focused funds.
Products |
BoA Planning Retirement Plan Managed Account Service for 1Q21
While Bank of America had offered a managed account solution with Morningstar as the investment manager, this is the first time it is using a retirement planning solution...
Kroger Takes More Action to Secure Retirement Benefits for Employees
The grocer has withdrawn from a multiemployer pension plan, and a new variable annuity pension plan will provide benefits for future service of Kroger and Stop & Shop...
Recordkeeper Consolidation Can Be a Good Thing
The pool of options may be shrinking, but recordkeepers have to focus on meeting participant and plan sponsor needs to keep business going.
DOL Reveals Changes to 2020 Form 5500
Modifications include updates in response to the SECURE Act.
Majority of American Workers Are Stressed About Financial Futures
The study from EBRI and Greenwald Research also found that employees are increasingly interested in retirement education or advice.
Reducing the Number of External Asset Managers Could Cut Costs for Public Pensions
However, researchers find that to maintain the best after-fee returns, pensions should carefully consider which managers to eliminate.
Products |
Plan Start-Up Fees Waived by ShareBuilder 401k
Plans set up in December can also include an initial 401(k) contribution from the business owner.
Reasons to Offer a Mix of Passive and Active Investments in DC Plans
Investment experts say it provides diversification and the potential for better outcomes, and it can provide fiduciary protection for plan sponsors.
Benefits |
Pandemic Lowers Employer Health Care Costs for First Time in Decades
It’s uncertain what will happen with costs going forward, however.
2021 Plan Sponsor of the Year Nominations Are Open
Nominations may be made by providers, advisers, consultants, actuaries, attorneys, third-party administrators (TPAs), employees and colleagues, or, you can even nominate yourself.