Tag: collective investment trusts (CITs)

GAO reports that the DOL does not offer adequate guidance on how to interpret differences across TDFs.

The amended complaint against the Hess Corp. alleges Hess plan fiduciaries provided target-date mutual funds instead of collective investment trusts...

Despite net inflows to mutual funds in February, reversing the long-term trend of outflows is unlikely, according to analysts.

Target-date-fund collective investment trusts continue to accumulate assets, finds Morningstar in its target-date strategy landscape report.  

TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...

Empower is working with asset managers and insurance companies to launch a new lineup of products to convert savings into...

Nationwide, Morningstar team up on adviser-managed accounts; OneAmerica launches active TDF series of CITs; Cullen brings first income-generating ETF to...

The Senate now needs to consider the bill that would also expand access to capital for certain businesses.

The legislation is a first step to allowing the lower-cost investments' use in nonprofits and school retirement plans.

The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the...

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...

Fees continued to fall, performance rallied and assets grew, according to Sway Research.

Voya officially launches dual QDIA; MassMutual introduces first sub-advised municipal bond strategy and selects sub-adviser; SEI signs on as trustee...

It’s still a work in progress, as a legislative proposal makes its way through Congress.

Speakers review what the wide-ranging retirement law means for higher education, nonprofit, health care and government employers.

Demand for collective investment trusts is growing across retirement plan market segments, according to a survey of defined contribution investment-only...

TIAA hired a senior consultant executive and promoted two others internally, positioning the company to grow distribution for guaranteed lifetime...

Nelson was appointed to replace Christopher Strickrod, who TIAA promoted earlier this year.

Spouting Rock Financial Partners debuted a new retirement-focused division.

Newly formed Collective Retirement Solutions taps Bill Higgins as MD; Ocorian promotes French to head of financial crime; Voya’s Penland...