Latest News

American Century must produce profitability, expense and performance reports created under provisions of the Investment Company Act for all the funds in its retirement plan.

At least one judge on the three-judge panel that has been assigned to the case seemed to have little sympathy for the basic strokes of the DOL’s arguments.

State Treasurer Nancy K. Kopp says, “Recognizing that both the inflation experience and expectations for future inflation remain lower than the rate currently assumed, the Board felt it...

Most pension plans have diverse communication programs that utilize traditional reports and social media.

Despite their pessimism, Social Security remains a portion of Millennial’s plans for living in retirement.

Just because a plan is frozen, doesn’t mean fees will go away altogether.

One clear result of the shift in client fee preferences is that fund manufacturers without low-cost solutions are, in the words of one researcher, “getting trampled.”

Among private-industry workers, 66% had access to a retirement plan, but only 75% of this group either chose to or met eligibility requirements to participate, according to BLS...

DWC ERISA Consultants rebrands; VALIC names VP of Business Development; Ascensus to acquire Benefits of Missouri; and more.

Seven in 10 LGBTQ Americans say they are behind on saving for retirement.

A change in philosophy is happening quickly and has already materially improved the DC retirement system, according to Catherine Peterson with J.P. Morgan Asset Management.

The department said demand for and investment in the myRA program has been extremely low.

Whether structured as a hybrid QDIA or not, experts agree managed accounts can be complementary to TDFs in a DC plan’s investment menu.

The bill creates a new 401(k)-style defined contribution plan with an automatic employer contribution of 4% of the employee’s salary.

MagnaCare has been ordered to return at least 14.5 million to ERISA-covered health benefit plans.

In order to preserve capital and protect participants from longevity risk, plan sponsors intend to put a bigger emphasis on fixed-income strategies.

More advisers are offering services pertaining to financial wellness and HSAs.

"Education on topics such as personal budgeting, student loan debt and adjustments to spending habits can help Millennials free up funds for retirement savings," a Cerulli analyst says.

Pensionmark rolls out new investment reporting tools; American Century enhances One Choice Target-Date Portfolios; Nationwide partners with Hueler for new annuity; and more.

Larger plans are taking the lead in moving away from proprietary TDFs, and research shows plan sponsors are also moving to CIT TDFs.