News Archives | Page 268 of 2680

Products | June 5th, 2020

OneAmerica Unveils ‘Persona-Based Approach’ to Financial Wellness

The MyTrack approach is based on a series of four demographic personas for which motivations, future goals and pain points are identified, as well as potential solutions.

Data and Research | June 4th, 2020

K-12 403(b) Plan Participants Hungry for More Retirement Planning Help

Participants need more information about how their plan and investments work, a survey reveals.

Investing | June 4th, 2020

Promising Investment Opportunities Exist

Small-cap stocks and distressed debt are among places investment managers said investors should turn in the post-COVID-19 environment.

Data and Research | June 4th, 2020

Mapping Spending, Salary and Savings Yields Surprising Results

Data ties spending habits, more so than income, with propensity to save.

Products | June 4th, 2020

Investment Product and Service Launches

Northern Trust and BlackRock partner on investor services; Allianz Investment Management launches new ETFs; and Hand adds tickers to CITs.

Investing | June 4th, 2020

The Next Evolution in 403(b) Plans: Investments

While 403(b) plans have made great strides, lifting restrictions on the types of investments the plans can offer and considering more diverse investment types could further improve participant...

Products | June 3rd, 2020

Club Vita Longevity Analytics Integrated With DB Plan Valuation Software

The partnership enables WinTech’s users to seamlessly use Club Vita’s personalized suite of survival tables.

Compliance | June 3rd, 2020

IRS Allows for Remote Retirement Plan Participant Elections

The temporary relief is for retirement plan participant elections required to be witnessed by a plan representative or a notary public, including a spousal consent.

Compliance | June 3rd, 2020

5th Circuit Affirms Lower Court’s Rejection of Phillips 66 ERISA Challenge

Like the district court ruling in the case, the appeals court says the plaintiffs have failed to adequately state an actionable claim against the downstream oil and gas...

Compliance | June 3rd, 2020

DOL Sanctions Use of Private Equity in Asset Allocation Funds in DC Plans

An Information Letter addresses concerns with offering private equity in DC plans with five paragraphs detailing considerations for plan fiduciaries in evaluating and monitoring the investments.

Data and Research | June 2nd, 2020

COVID-19 Has Made the Retirement System Weaker

A working paper discusses how the pandemic has affected retirement plans and what needs to be done for the retirement system to emerge stronger.

Compliance | June 2nd, 2020

Can the DOL Effectively Police Pension Fiduciary Breaches Alone?

One attorney suggests the Supreme Court’s opinion in Thole v. U.S. Bank ‘pushes the ability of participants in a defined benefit pension to file suit practically to extinction,’...

Products | June 2nd, 2020

BCG Unveils Customized Buyout Price Monitoring Service

The firm is also introducing a new corporate brand and website.

Compliance | June 1st, 2020

Parties in Emory University 403(b) Plan Lawsuit File Settlement Agreement

In addition to paying $16.75 million, the settlement agreement calls for a review of investments and a recordkeeping request for proposals.

Compliance | June 1st, 2020

Has the Supreme Court ‘Gutted’ ERISA Protections for Pensioners?

Plaintiffs’ attorneys, bemoaning the new Supreme Court ruling in Thole v. U.S. Bank, say participants in defined benefit plans are essentially left with no way to challenge or...

Compliance | June 1st, 2020

IRS Provides Additional Deadline Relief to Plan Sponsors

Deadlines have been moved for single-employer and multiemployer DB plans and 403(b) plans, among others.

Compliance | June 1st, 2020

Supreme Court Decision in Thole v. U.S. Bank Has Major Implications for Pensions

The ruling effectively establishes that individual pension plan participants cannot sue their employer for a fiduciary breach if their own benefit has not been cut or otherwise altered.

Investing | June 1st, 2020

Pandemic Shines a New Light on Climate Change and ESG Investing

The COVID-19 crisis is showing plan sponsors how corporate behaviors affect the environment and that encouraging positive ones with investment dollars can benefit participants as well.

Deals and People | May 29th, 2020

Retirement Industry People Moves

TRA adds newest regional sales consultant; Mercer selects responsible investment leaders; Newport acquires TPA business at Huntington National Bank; and more.

Compliance | May 29th, 2020

Plan Sponsor, Provider Sued for Adding Untested CITs to 401(k)

The 92-page complaint includes a number of other allegations, including that the plan sponsor was motivated by its relationship with the provider for its defined benefit plans.

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