Because target-date funds represent a large and growing share of plan assets, plan sponsors are narrowing their core investment menus, according to NEPC data.
Because equity funds tend to dominate core investment menus, PGIM argues in a new paper that there is a need for more fixed-income and conservative funds.
Hub makes Scott head of employee benefits for national market; Hatchett-Bodle joins Hall Benefits Law; The Standard Names Maixner national accounts sales director for retirement plans; and more.
Advertised as a more cost-efficient and less burdensome way for small employers to offer a retirement plan, pooled solutions may not be the perfect solution to the coverage...
New research reveals employers are often out of touch with the needs of their employees, who seek higher compensation, better work-life balance and quality benefits.
T. Rowe Price using Clearwater Analytics’ stable value investments; Robinhood kicks off gig workplace IRA offering with employers including Grubhub; The Hartford to offer Origin financial wellness program...
The organizations plan to conduct research and educate plan sponsors and participants on fraudulent activity in retirement plans to increase awareness of the rampant issue.
The vote was held in a closed session and advanced by a party-line vote; meanwhile, the Senate committee chaired by Bernie Sanders ponders a return for DB plans.
The retirement income solution functions like a target-date fund, embedding the option to annuitize a portion of a participant’s assets starting at age 55.
The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the retirement plan, the judge concluded.
Ali Khawar, of the Employee Benefit Security Administration, indicated that the agency may be set to finalize amendments to the fiduciary correction program in the coming months.