Case Over Aon Hewitt Financial Engines Agreement Finally Dismissed
According to the docket report for the case, the parties report they have resolved the case.
Latest News
USC Asks Supreme Court to Weigh in on Arbitration of Retirement Plan Claims
The 9th U.S. Circuit Court of Appeals previously concluded that the challenge to the management of the University of Southern California’s retirement plans fell outside the scope of...
Butch Lewis Act Said to Only Temporarily Mask Multiemployer Pension Deficits
The Pension Analytics Group says the only solution is to reduce benefits across the board, or many of these plans will become insolvent and participants will end up...
Retirement Industry People Moves
DWS hires municipal bond director; PBGC announces several leadership appointments; Principal International names retirement income solutions leader; and more.
Strategies for DC Plans to Mitigate Risks in 2019
Willis Towers Watson offers nine actions for DC plan sponsors to mitigate risks in 2019.
Missing Deadline, Joint Committee Continues Work on Multiemployer Pension Crisis
Senators and co-chairmen Orrin Hatch and Sherrod Brown said they missed their stated deadline for voting on a package of solutions, but the Joint Select Committee on the...
Products |
Account Lock Feature Launched by Milliman
Once a participant has elected to “lock” their account, the individual will receive a special code to use in the future to initiate a transaction.
Benefits |
Most Employers Don’t Consider Their Financial Wellness Programs ‘Holistic’
Employers surveyed by the Employee Benefit Research Institute (EBRI) noted that they face many challenges in offering financial wellness initiatives.
Products |
Investment Product and Service Launches
Touchstone Creates Additional Equity Funds; AAM Builds Third High Dividend Value ETF; and HB&T to Build ESG-Centered Collective Investment Fund.
Products |
Wells Fargo Launches Retirement Income Planning Center
The new online resource is specifically designed to help those older than age 50 with key issues to consider as they near retirement.
2019 Planning for DB Plan Sponsors
Willis Towers Watson offers 10 investment actions for DB plans in 2019.
Individuals Not Realizing Help HSAs Can Offer for Retirement Health Expenses
Half of Americans surveyed by HSA Bank are using savings accounts to save for health care expenses in retirement, and 47% plan to rely on their 401(k) plan.
Maximum Benefit and Contribution Limits Table 2019
Maximum Benefit/Contribution Limits for 2009 through 2019.
Most Retirement Risk Concerns Decrease With Age
The Society of Actuaries says individuals must first understand all the risks related to retirement so they can take steps to manage them.
Encouraging Workers to Save While Paying Off Debt
Workers facing debt payments must also prioritize long-term savings, as difficult as this may seem.
Proposals Could Further Erode Perceived Health of Public Pensions
Reporting proposals from the Actuarial Standards Board and Congress, as well as new proposed mortality tables from the Society of Actuaries could result in a higher valuation of...
Benefits Are More Important to Americans than a Raise
A 401(k) match and health insurance are the benefits they value the most.
House Tax and Retirement Reform Bill Includes Provisions Not Included in Previous Bill
"The new legislation contains language addressing key IRI concerns including providing retirement plan participants with an illustration of how current savings would translate into an income stream in...
Self-Directed Millennials Less Likely To Use Advisers
Among participants using an adviser on their self-directed brokerage account in Q3, 45% were Baby Boomers, similar to Gen X; just 8.5% were Millennials, according to Charles Schwab.
Advisers Give Keen Insight Into Monthly Retirement Income Needs
Nearly all of those who work with an adviser feel they have prepared themselves well for estimating their monthly income needs in retirement, Voya Financial learned in a...