We previously reported that Connecticut passed a conflict-of-interest bill for non-ERISA 403(b)s. Newly obtained text of the bill as signed by the governor reveals it only pertains to plans offered by political subdivisions of the state.Read more >
Ron Pressman, TIAA CEO for Institutional Financial Services, says there are five best practices that retirement plans can implement.Read more >
ASK THE EXPERTS
Groom Law Group and Cammack
Retirement Group will field your
questions concerning 403(b) plans
and regulations. Email rebecca.moore@strategic-i.com with Subject
Ask the Experts
With wording that seems to be duplicated from filings against other higher education institutions, a complaint has been filed against Brown University and fiduciaries of its Deferred Vesting Retirement Plan and Legacy Retirement Plan.Read more >
Lincoln Financial asked survey participants for open-ended responses about their 2017 financial goals, and found that priorities for those individuals with specific goals tend to focus on some key themes: reducing debt, general savings and saving for retirement.Read more >
Millennials entering the work force today share grim memories of the financial crisis that struck the globe between 2007 and 2008, when several of their adult counterparts saw their savings and investments significantly diminish, according to a Global Investment Survey by Legg Mason Global Asset Management. The firm found that 85% of U.S. Millennials consider themselves to be somewhat or very conservative investors.Read more >
A new tool from dailyVest will provide defined contribution (DC) plan sponsors with the ability to manage plan health, help improve employees’ financial wellness, and reduce fiduciary risk.Read more >
