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 | September 15th, 2022 Wilmington Trust Launches CIT Onboarding Tool The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts.
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 | 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...
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...
Opinions | March 3rd, 2021 SECURE Act 2.0 Could Be a Game Changer for Retirement Planning Syed Nishat, with Wall Street Alliance Group, discusses anticipated changes from retirement plan legislation introduced at the end of last...
Compliance | October 8th, 2020 Plaintiffs Abandon Their Lawsuit Over Principal CIT TDFs The suit had alleged fiduciary breaches regarding the selection and monitoring of underlying investment options for collective investment trust TDFs...
Compliance | July 6th, 2020 Use of Relatively New CITs Challenged in Second Lawsuit The lawsuit also calls out the use of an investment manager’s proprietary actively managed funds and the plan sponsor’s failure...
Compliance | June 26th, 2020 Lawsuit Says Plan Fiduciaries Should Have Chosen Less Expensive CITs Though the majority of investment options for Estee Lauder’s 401(k) are CITs, the lawsuit argues the TDFs are more expensive...
Products | June 4th, 2020 Investment Product and Service Launches Northern Trust and BlackRock partner on investor services; Allianz Investment Management launches new ETFs; and Hand adds tickers to CITs.
Compliance | March 13th, 2020 Bill Introduced to Allow CITs in 403(b)s Vanguard estimates the cost savings to 403(b) participants in plans that offer CITs could amount to as much as $250...
Investing | November 14th, 2019 AB Closing Mutual Fund TDF Series "We will be reaching out to plan sponsors about our target-date CIT series,” Jennifer Delong, head of defined contribution at...
Products | October 10th, 2019 Investment Product and Service Launches Mesirow Financial presents third mutual fund and managed account program; BPAS partners with Lincoln Financial on stable value solution for...
Investing | September 18th, 2019 ICMA-RC Fighting for CIT Availability for 403(b)s Sponsors of 403(b) plans are not able to use low-cost collective investment trusts in their plans as are their 401(k)...
Products | September 16th, 2019 Wilmington Trust and Nasdaq Partner on CIT Awareness Investors, plan sponsors and advisers will be able to search for collective investment trust (CIT) data on the Nasdaq Fund...
Products | September 12th, 2019 Investment Product and Service Launches Wilmington Trust and Federated offer CITs to DC clients, and Cohen & Steers closes real estate fund share classes.