New Department of Labor guidance aims to clarify legal treatment of workplace contributions ahead of the July 4 launch of the children’s savings accounts.
The retirement industry veteran will work on original research, thought leadership and strategic growth for the registered investment advisory and wealth management firm.
Defined contribution plan participation increased to 86% last year from 65% a quarter century ago, according to the firm’s latest ‘How America Saves’ report.
When traditional accumulation strategies leave participants’ retirement outcomes falling short, plan sponsors can employ and recommend creative solutions to bridge the savings gaps.
CalPERS appoints leader of total portfolio approach; SEC gains members of small business capital formation advisory committee; SPARK Institute elects governing board leadership; and more.