Data and Research | April 1st, 2024 CIT Assets Expected to Surpass Mutual Fund Assets in TDFs in 2024, per Morningstar Target-date-fund collective investment trusts continue to accumulate assets, finds Morningstar in its target-date strategy landscape report.
Products | March 14th, 2024 Product & Service Launches Nationwide, Morningstar team up on adviser-managed accounts; OneAmerica launches active TDF series of CITs; Cullen brings first income-generating ETF to...
Investing | March 8th, 2024 House Passes Bill Permitting Use of CITs by 403(b) Plans The Senate now needs to consider the bill that would also expand access to capital for certain businesses.
Investing | March 8th, 2024 Measure Allowing CIT Use in 403(b) Plans Advances in the House The legislation is a first step to allowing the lower-cost investments' use in nonprofits and school retirement plans.
Compliance | February 27th, 2024 California Federal Judge Upholds Plan Sponsor in TDF-Selection Case The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the...
Data and Research | February 14th, 2024 Target-Date Assets Reach Record High $3.5 Trillion in 2023 Fees continued to fall, performance rallied and assets grew, according to Sway Research.
Products | August 18th, 2023 Spouting Rock Launches Rebranded, Independent Retirement Entity Spouting Rock Financial Partners debuted a new retirement-focused division.
Administration | July 12th, 2023 IRI Presses White House to Back Further Retirement Policy on Annuities An insurance advocacy group follows up 2023 legislative plans with a push for policies that increase the use of retirement...
Data and Research | April 5th, 2023 Accelerated Retirement Plan Closings Put Pressure on Small Employers A Morningstar report reveals the pandemic caused defined contribution plan closings to spike and new plan creation to slow down.
Ask the Experts | March 7th, 2023 Are CITs Now Permitted in 403(b) Plans? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Ask the Experts | December 13th, 2022 Is There Any Update on Using CITs in 403(b) Plans? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Investing | June 14th, 2022 PSNC 2022: The Evolving DC Plan Investment Menu Customization and, more recently, inflation hedging are considerations for defined contribution plan investment lineups.
Investing | March 29th, 2022 Retirement Plan Governance Considerations for Collective Investment Trusts The differences between CITs and mutual funds create different fiduciary implications for plans using them, speakers at a recent webinar...
Investing | February 11th, 2022 Fiduciary Diligence Demanded as CITs Shine A significant regulatory concern is that banks should not simply “rent their charters” to third-party registered investment advisers seeking to...
Investing | November 29th, 2021 CITs, Retirement Income Products and ESG Investing Poised for Growth Asset managers polled by Cerulli Associates reported trends they see for DC plan investments.
Compliance | September 20th, 2021 Plan Fiduciaries Can’t Escape Lawsuit Over Investment in Aon CITs Duty of prudence and prohibited transaction claims will move forward against the Centerra Group plan fiduciaries and Aon Hewitt, which...
Data and Research | August 3rd, 2021 CITs Overcoming Mutual Funds in 401(k)s Collective investment trusts are the most used investment vehicle in the largest plans and are a close second among large...
Products | July 8th, 2021 Investment Product and Service Launches MFS makes changes to CIT line and Diligend and eVestment partner on data exchange platform.
Data and Research | May 27th, 2021 Contributions to TDFs Fell As the Market Rebound Increased Assets The activity of TDFs contrasted with that of other mutual funds, while CITs increased market share of target-date strategies.
Compliance | April 23rd, 2021 Congressman Again Pushes for Expanding Investment Options in 403(b)s A lack of access to the same investment types allowed in other DC plans means 403(b) plan participants are missing...