Several Factors Push Investing Into ETFs
EY says the move from active to passive investing is one of them.
Latest News
Retirement Industry People Moves
Nikki Newton is appointed president of Ivy Distributors Inc.; John Hancock Retirement Plan Services forms a new leadership team charged with enhancing the delivery of large customized retirement...
Wells Fargo 401(k) Participant Files Excessive Fee, Self-Dealing Suit
Throughout the complaint, the plaintiff alleges that the plan’s fiduciaries’ lack of a systematic and unbiased review process caused participants to pay an unnecessarily high expense ratio for...
Experts Push for Sponsor Courage When Offering In-Plan Lifetime Income
DOL leadership has stated explicitly that investments with lifetime income elements can be a prudent investment option in DC plans, even if not a QDIA.
2017 Year-End Deadlines and Tips for Retirement Plans
2017 happens to be a light year for required plan amendments for retirement plans.
Public Pensions Have Been Able to Pay Promised Benefits
New research shows that funding status has little correlation with a pension fund’s ability to pay its promised benefits, and NCPERS urges policymakers to stop trying to shut...
PBGC Asks Permission to Keep Collecting Information on Plan Terminations
The request regards distress terminations and PBGC-initiated terminations of DB plans.
Less Than 1% of DC Plan Participants Took Hardships in the First Half of 2016
ICI also reports DC plan participants remained committed to investments and contributions.
DOL Provides Relief for Hurricane Maria, Wildfire Victims
The guidance for ERISA retirement and health plans follows relief provided by the IRS.
Regulators Announce Modifications to Form 5500
IRS compliance questions have been removed from the form.
Benefits |
Employers Working to Keep Health Costs for Employees Down
A survey also found employees have fears about potential changes to health care policy coming out of Washington.
Twenty-One Percent of Investment Managers Plan to Lower Fees
Today, only 69% of assets in retirement plans are in actively managed funds, down significantly from 84% in 1996.
NYU Participants File Second Excessive Fee Complaint
In the new complaint, participants attempt to offer more evidence for claims that were dismissed in another pending lawsuit.
AB Outlines Six Ways to Improve DC Plans Markedly
The first step, AB says, is to replace TDFs from recordkeepers with open architecture, next-gen TDFs.
DOL Reaches Triple Settlement With First Bankers Trust
The DOL alleged in all three cases that the firm approved transactions without undertaking the due diligence required of an ERISA fiduciary.
Retirement Industry People Moves
Industry veteran joins Meeder as SVP; PGIM Investments appoints chief marketing officer to drive global expansion; FS Investments hires national sales manager to oversee sales professionals; and more.
Report Highlights Dramatic Multiemployer Insurance Deficit
PBGC data shows the multiemployer program had liabilities of $67.3 billion and assets of $2.2 billion as of September 30, 2017.
Two-Thirds of Millennials Are Saving for Retirement
Sixty-four percent have financial goals.
Benefits |
Leadership Forum Urges Update of Open MEPs
Any large-scale action on retirement reform will require trust, a willingness to take risk and experiment, and a sense of the greater good.
CRR Assesses Options for Helping Multiemployer Plans
In an issue brief, researchers for the Center for Retirement Research at Boston College discuss plan partitions, benefits cuts, subsidized loans and tax payer support.