Retirement Industry People Moves
Murphy and Reynolds take new roles at Great-West; Hooker & Holcombe announce promotion and hires; The Standard brings in director of stable value sales; and more.
Latest News
DC Plan Sponsor Clients Wait for Details in BB&T and SunTrust Merger
While the firms are better known for their sizable banking businesses, both BB&T and SunTrust offer DC plan recordkeeping services; plan sponsor clients “should expect business to continue...
Public Pensions Report Strong 2018 Returns
Between nearly doubled investment returns, stable contributions and cost-effectiveness, the "2018 NCPERS Public Retirement Systems Study” shows an increase in pension funding.
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TCG Advisors Launches Workplace Financial Wellness Program
The program features personalized recommendations to improve financial wellness, learning modules, a planning toolkit and access to coaches and Certified Financial Planners.
Investing for the Future Improves Sense of Financial Well-Being
BlackRock says easy-to-use investment solutions could help alleviate both financial and emotional barriers to saving and investing for the long term that were revealed in its Global Investor...
Majority of DC Plan Participants Express Retirement Readiness Confidence
In addition, a majority of those polled by the Investment Company Institute (ICI) oppose changing key features of DC plans.
Open MEPs Will Be a Retirement Plan Market Disruptor
If legislation allowing for open multiple employer plans (MEPs) is passed, it will be a while before implementation, and changes it will bring will affect services and business...
How and When to Encourage Use of Managed Accounts
While some defined contribution (DC) plan participants may choose to invest in a managed account, there may be others who don’t choose to do so that would benefit...
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Legg Mason to Close Three ETFs in March
It is expected that the funds will cease trading on NASDAQ on or about March 15, and subsequently will be delisted.
Benefits |
Study Shows Where HSA-Users Spend Their Savings
Medical expenses leave the account-holders little to save for the long term.
Institutional Investors End 2018 Down More Than 4%
“Equity exposure weighed on plan performance in the fourth quarter,” says Jason Schwarz, president, Wilshire Analytics and Wilshire Funds Management.
PBGC Issues Proposal for Computing Withdrawal Liability Under Multiemployer Plans
The proposed amendments would affect the determination of a withdrawing employer's liability under a multiemployer plan and annual withdrawal liability payment amount when the plan has had benefit...
Retirement Enhancement and Savings Act Reintroduced
The bipartisan bill, which enjoys broad industry support, would add flexibility for small businesses to join multiple employer plans, among other provisions.
Attention to Retirement Plan Digital Communications Increasingly Important
A paper authored by Shlomo Benartzi, senior academic adviser at the Voya Behavioral Finance Institute for Innovation, promotes the idea of a “digital fiduciary,” and Andrew Way, with...
Experts Push Ways and Means Committee for Retirement Reforms
Given their diverse backgrounds, the speakers shared different points of emphasis in their testimony, but they all called on the lawmakers present to embrace bipartisanship and to enact...
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myStockOptions.com Expands Tax Filing Guidance for Equity Compensation Plan Participants
Recent tax changes make IRS filings for recipients of stock compensation more confusing.
Exxon Mobil Stock Drop Suit Dismissed
A federal judge concluded for a second time that plaintiffs in the suit failed to meet a significant pleading standard set forth in a U.S. Supreme Court decision.
MassMutual Wins Lawsuit Over Stable Value Fund Spread
A judge found the plaintiff in the lawsuit was bound by a prior settlement agreement and that MassMutual did not violate that settlement agreement.
Institutional Investors See Worst Calendar Year Performance Since Great Recession
“Fixed income was something of a safe harbor in the fourth quarter, and Corporate ERISA plans benefited from larger allocations to bonds,” says Bill Frieske, with Northern Trust.
Will Changes to Hardship Withdrawal Rules Lead to More Plan Leakage?
Some industry sources believe the availability of more funds for hardship withdrawals and the elimination of the requirement to first take plan loans before hardship withdrawals will lead...