Franklin Templeton Acquires Legg Mason
The combined platform creates a strong separately managed account business, and the company plans to expand its multi-asset solutions.
Latest News
District Court Dismisses Fidelity FundsNetwork Revenue Sharing Challenge
The lawsuit sought to portray Fidelity as a functional fiduciary that was inappropriately collecting revenue sharing payments from third-party mutual fund companies.
Retirement Industry People Moves
Thompson Hine LLP hires attorney to EBEC practice; HealthSavings appoints senior sales VP; AllianceBernstein appoints senior officials to responsible investing; and more.
Trump’s 2021 Budget Proposes Increasing Multiemployer PBGC Premiums
The premiums would increase by $26 billion over 10 years.
DB Plan Sponsors Turn to Private Markets for Return
It is critical to choose the right investments and managers.
Why Nonprofits May Prefer a 403(b) Plan Over a 401(k)
It often comes down to nondiscrimination testing.
Benefits |
Reasons to Consider a QSEHRA for Small Business Health Benefits
Employers can easily budget their costs, employees use their allowances for a wide range of benefits and it helps small employers compete for talent.
Products |
Investment Product and Service Launches
iShares expands ESG initiatives; T. Rowe Price announces enhancements to TDFs; and Swan Global Investments reduces CIT fees.
Record Balances Raise the Stakes for DC Plan Investors
Both market gains and improved savings behaviors have pushed defined contribution (DC) plan balances to record levels.
The Future for Annuities in DC Plans
The SECURE Act offered an annuity selection safe harbor for plan sponsors, but education will be the first step in getting this income protection to plan participants.
Products |
Bank of America Rolls Out Financial Life Benefits Suite
The suite is designed to help employees achieve financial control and plan for retirement, says Lorna Sabbia, Bank of America.
Outdated Mortality Assumptions Case Survives Motion to Dismiss
A U.S. District Judge's decision suggests pension plan sponsors should periodically review the reasonableness of actuarial assumptions used to calculate benefits.
Low Interest Rates, Coronavirus Deal Blow to DB Plan Funded Status
Plans with the greatest exposure to equities will generally see the largest funded status declines, according to River and Mercantile.
403(b) Plans Get Lifetime Income, Help With Education Expenses Right
The PLANSPONSOR 2019 DC Survey suggests 403(b) plan sponsors, more so than DC plan sponsors overall, are stepping up to aid employees with these components of financial wellness.
Products |
Pacific Life Introduces Retirement Income Translator
The tool educates individuals about the projected monthly value of their retirement savings and the potential benefits of protected lifetime retirement income through an annuity.
Benefits |
Considering Digital Health Solutions to Reduce Benefits Spend
Employers see a business case for investing more in health and well-being, but overall cost savings is a benefit as well.
Getting Ready to Include Part-Time Employees in Retirement Plans
401(k) plan sponsors need to understand all the parts of the new requirement and, for some, the long-term effects on plan administration.
Litigators Put Mortality Assumptions Under the Microscope
Lawsuits continue to be filed across the United States that accuse large, well-known employers of using severely outdated mortality data when calculating the value of certain pension benefits.
Products |
LT Trust Simplifies Fee Schedule, Enhances Service Suite
The low-cost retirement plan provider says its new fee structure is designed to promote understanding and transparency.
Retirement Industry People Moves
Senior compliance counsel joins Hall Benefits Law legal team; TRA hires MEP specialist; Morningstar acquires Hueler's stable value database and index; and more.