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Institutional asset owners are increasingly skeptical of revenue sharing and are relentlessly pursuing lower fees within defined contribution plan investment menus. 

Clients of Vertical Management Systems can now access investment products and tools from Mid Atlantic Trust Company. 

However, a study finds those who started saving for retirement early and have consistently saved are more confident in their financial future.

NestUp from Perspective Partners takes an integrated approach that optimizes employer matching and tax benefits.

The trend of public-sector retirement systems reducing investment return assumptions has been going on since 2008.

Filing a “friend of the court” brief in support of the DOL’s new fiduciary rule, the Financial Planning Coalition argues advisers will be able to adapt successfully to...

John Hancock Retirement Plan Services Hires New Consultant; T. Rowe Hires New Investment Leaders; Strategic Retirement Adds New Adviser; Mercer Hires New Leader to Boston Team; and more.

In the presence of “a variety of mitigating circumstances,” taxpayers can now qualify for a waiver of the 60-day time limit generally placed on tax-free plan-to-plan or individual...

Sponsors need to provide apps and tools for both generations.

The DOL also released a proposal to help a limited number of cities and local governments automatically enroll employees into IRAs.

For individuals, the cap is raised by $50 to $3,400.

By comparison, ICI data shows that plans of all sizes pay an average of 1.29% in fees.

With its new platform, MassMutual will be able to gather client feedback from plan sponsors and act on it in real time, the firm says.

People also worry that Social Security will be pulled out from under them.

But even 36% of the highest socioeconomic status households have a retirement gap.

Schwab Reveals 8-bps Passive TDF With No Minimum; MetLife Stable Value Solutions Fund Added to Modelxchange.

However, 529 plan ownership reaches record high of 41%.

A Neuberger Berman analysis of House Republicans’ tax and retirement policy proposals indicates fundamental tax reform is unlikely, but portends smaller changes. 

Participants filed the proposed class action lawsuit despite the fact that the firm has already been successful in defending practices related to ownership of float income. 

Although employers saw a slight reduction in health care costs this year, employees’ shares of rising deductible costs increased as they continue to accept lower coverage levels, finds...