Participants Made Record-Low Number of Trades in 2017
Part of the very light trading activity can be explained by the prevalence of target-date funds, the largest asset class in the Alight Solutions 401(k) index.
Latest News
Study Proposes a “Simple” Strategy for Retirement Income
“We’re not suggesting things that take a lot of expense—the strategy uses existing tools plan sponsors have as well as existing capabilities of providers,” Steve Vernon, a research...
Products |
Investment Products and Services Launches
American Century releases first ETFs, and Putnam reveals two ESG fund offerings.
NYC Pension Fossil Fuel Divestment Sparks ‘Modern ESG’ Investing Debate
ACCF agrees theoretically with the possibility that environmental and social factors are materially important to institutional investments, instead accusing New York City of failing to live up the...
A Retirement Draw Down Strategy Starts With Education
Plan sponsors need to give participants the education and tools they need to develop a strategy for spending assets in retirement.
University of Chicago 403(b) Suit Gets Claims Added Back
A federal judge had dismissed claims related to one of the university’s plans, but a new complaint, and a new plaintiff, bring back those claims.
Those Close To and In Retirement Still Feeling Unprepared
A significant number of retirees and pre-retirees report that they feel unprepared to navigate financial shocks and unexpected expenses, according to a survey from the Society of Actuaries.
Verizon Pensioners Still Want to Recoup ERISA Protections
In a followup interview with Jack Cohen, Association of BellTel Retirees chairman, he says his association and others warned the PBGC that risk transfers would harm the insurance...
Millennials May Have Wrong Expectations About Retirement
One-third (34%) of Millennials say they plan to save $200,000 or less to be comfortable in retirement, according to a survey by Aperion Care.
City and County Retirement Systems Struggling With Funding
While research suggests the funded status of state and local pension plans is inching closer to that of state pension plans, data shows their funded status is still...
Pressing Financial Needs Derail Successful Savers
Survey data shows a sizable group of retirement plan participants have lowered their contributions in the last year to address debt, unexpected bills, health care costs and other...
Ascensus Finds Increase in 401(k) Employer Contributions
Market returns, adoption of safe harbor plans and more education to participants can be attributed to this increase.
Vanderbilt University 403(b) Plan Suit Continues to Next Stage
While some claims were dismissed, others were moved forward.
Products |
SPARK Rolls Out Updated RFP Guide
The new edition aims to support the needs of employers providing defined contribution plans by enabling service providers to prepare consistent RFP responses, resulting in reduced response times...
Court Orders Plan Fiduciaries to Restore Losses for Misusing Plan Assets
The Department of Labor found fiduciaries failed to remit salary deferrals and loan repayments and withdrew assets from the plan trust to use for non-plan purposes.
Retirement Industry People Moves
Colony Enacts Mergers with Bridgewater Wealth and BWA; Multnomah Group Hires Former Investment Consultant; American Century Hires ETF Initiative Specialists; and more.
Executive Predicts More Financial Wellness Benefits in the Workplace
Purchasing Power's Chief Operating Officer Elizabeth Halkos offers predictions for workplace financial benefits in 2018.
PBGC Adjusts Penalties for Failure to Provide Information
The agency is required to adjust these amounts annually for inflation, but the agency says its goal is to encourage compliance, not to penalize plans that inadvertently forget...
Appellate Court Hands Win to Hewlett-Packard in Stock Drop Case
Another employer win in a stock drop suit indicates it is tough for retirement plan participants to meet the pleading standards set forth in Fifth Third v. Dudenhoeffer.
Products |
Financial Soundings Solution Supports In-Plan Retirement
The firm’s retiree program is designed to provide plan participants the essential guidance needed to manage assets through retirement from within the qualified plan.