SSGA is following the trend of providers lowering investment fees, and sees an opportunity to attract 403(b) plan sponsors.
Tag: retirement plan investing
PIMCO has requested that a number of documents remain sealed and not be open to the public by the court.
Lincoln Financial creates personalized target-date portfolios; Aon Hewitt-managed pooled funds claim compliance with GIPS; Vanguard launches Global Credit Bond Fund; and more.
The financial firm will pay $6,900,000 in settlement.
For one thing, the appellate court noted that the plaintiff did not use a sufficient benchmark to show that Wells Fargo’s TDFs were an imprudent investment for its 401(k) plan.
Ryan Bailey, head of the Retail Banking Group, Bank of the West, offers tips for plan sponsors to help educate Millennials about the importance of investing.
Morningstar warns that the distinction between "active" and "passive" target-date series has become more muddled in recent years.
Web transactions will start in August, the firm says.
An institutional investment approach uses outcome-oriented investments, broad asset class diversification, best-of-breed investment management, a thoughtful mix of active and passive strategies and are vehicle agnostic, a report notes.
Transamerica launches Stable Value account for retirement plans; Fidelity offers third ESG investing option; Vanguard ESG ETFs to commence trading in September; and more.
The expense ratios 401(k) plan participants incur for investing in mutual funds have declined substantially since 2000, Investment Company Institute data shows.
Drew Carrington and Michael Knowling review the 8 most talked about retirement industry topics.
“[When] investors commit to consistent investment regimes, investor returns are strong and the gaps are often positive," Morningstar says.
A review found that a bill allowing employees who participate in the state’s individual account plan to select their own investments would violate the state’s legal and fiduciary standards.
Franklin Templeton expands ETF lineup with three additional funds; ABG and Russell partner on managed account program; and more.
When constructing their own retirement portfolio, about 10% of participants still hold extreme allocations—either 0% or 100% equities.
Plaintiffs allege the firm added poorly performing proprietary mutual funds to their plan.
Retirement plan participants in advised SDBAs displayed a more diversified asset allocation mix and had a lower concentration of assets in particular securities than those in non-advised accounts.
E*TRADE says its study suggests Millennials are more focused on investing for retirement than many think.