Fixed Income Played Role in Increasing Institutional Investor Returns
Corporate ERISA pension plans reported the highest median return of the three segments tracked, and had the highest allocation to fixed income.
Latest News
The Future of Annuities for DC Plan Participants
There are differences between annuities the industry wants to offer DC plan participants and those that have traditionally been offered.
Products |
Fidelity’s New Retirement Income Solution Avoids Guarantees
While there is significant interest being voiced among policymakers and plan sponsors about in-plan annuities, providers are favoring retirement income innovations that don’t involve guarantees.
California Requires Additional Notices for FSAs
A new law, effective on January 1, provides that all employers sponsoring FSA plans must provide notice to participants of deadlines to withdraw funds.
Plaintiffs Left With Only One Claim in CenturyLink ERISA Case
CenturyLink seems to be off the hook regarding a specific fund offered in its 401(k), but its investment management company still faces litigation.
Benefits |
Employers Recognize Need to Reduce Health Benefit Costs for Employees
Many are turning to innovative tech-enabled programs that cut costs for them while not shifting costs to employees, Mercer found.
$18.1M MIT Fiduciary Breach Lawsuit Settlement Includes RFP Process
Among the non-monetary elements of the settlement is a requirement to conduct a recordkeeping RFP process that will result in a per-participant fee structure.
Rollover Rules Between Different Plan Types
Retirement plan sponsors need to understand IRS rules for rollovers and what they should consider before accepting one.
Participant Views on Retirement Plan Loans Can Inform Benefit Decisions
Additional benefits and loan policy changes can keep participants from taking loans while other strategies can prevent loan default.
Court Recommendation Highlights Difficulty in Consolidating 403(b) Providers
Although a judge said annuity relationships may be “akin to a hostage-type situation,” he still recommended the suit against Columbia University move forward.
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Groups Launch Fraud Sharing Database for Financial Services Firms
FraudShare is a tool for reporting about the types and frequency of account takeover fraud occurring in the life insurance and retirement services industries.
Goldman Sachs Accused of Self-Dealing in 401(k) Plan
Among other things, the lawsuit says Goldman Sachs did not prudently use revenue-sharing payments.
The Odds Are Split for Senate SECURE Act Passage This Year
“Overall, it is an uncertain picture, but the SECURE Act is not dead in the water,” says Bradford Campbell, former EBSA head from 2006 to 2009. “I would...
Retirement Industry People Moves
Past industry exec joins ICMA-RC; Prudential Retirement announces multiple executive promotions; Ascensus adds TPA firm to FuturePlan business; and more.
Owens Corning Transfers Some Pension Liabilities
The company cited a decrease in risks and costs as benefits of purchasing the annuity.
Points to Consider When Evaluating TDFs
“Diversification should be happening on all levels," says Jake Tshudy, with SEI Institutional.
Undocumented Workers Become a Missing Participant Problem
Nothing in ERISA says an undocumented worker cannot participate in a retirement plan, but making a distribution to one could be a problem.
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Outside Sources Can Aid Plan Sponsors’ Financial Education Efforts
Entities other than retirement plan providers and advisers have recently announced initiatives.
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Principal Makes Retirement Plan Onboarding Platform Relevant to Hispanics
Principal has found that when Hispanic workers start to participate in a company plan, they tend to embrace the concept of savings.
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Investment Product and Service Launches
John Hancock Investment Management expands fixed-income suite, and Millennium Trust adds investments to Workplace Savings Solutions.