Deals and People | April 4th, 2024 MissionSquare Names New CIO, as Wayne Wicker Retires Formerly the head of fixed income, Chong-Wulff has been at MissionSquare since 2007.
Deals and People | December 7th, 2023 Industry Group Awards Senators Smith, Tillis Federal Retirement Security Award IRI recognized the senators for creating more transparency about retirement income investment products.
Administration | October 31st, 2023 ‘Important Step’ or ‘Out of Touch’? Reactions to DOL Proposal Run the Gamut Financial sector responds to proposed amendments to advice regarding retirement plan rollovers and annuity sales.
Compliance | October 24th, 2023 NYC Pension Funds Argue ESG Lawsuit Hinges on ‘Legal Errors’ Parties continue to argue about the plaintiffs’ standing as three New York City public-employee pension funds seek to have the...
Data and Research | October 24th, 2023 More Workers ‘Terrified’ They Cannot Afford Health Care in Retirement The average cost of health care in retirement is nearly triple what Americans estimate.
Data and Research | October 23rd, 2023 Union Members Report Faring Better Financially, Yet Take More Loans Loans and hardship withdrawals from a retirement savings account are more prevalent among Taft-Hartley plan members, with Gen Xers leading...
Compliance | October 16th, 2023 American Airlines Motion Argues ESG Funds Theory is “Wrong” The argument about ESG funds by former pilot Bryan Spence ‘runs headlong into the Supreme Court's instruction,’ according to the...
Benefits | October 16th, 2023 Is It Time for an ERISA Reboot? Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage,...
Data and Research | October 16th, 2023 Women Still Less Likely Than Men to Feel Ready for Retirement Generation X women are also the least likely to have a financial plan, according to a Northwestern Mutual study.
Data and Research | September 14th, 2023 The Impact of Spending Spikes on Retirement Readiness Report reveals that higher credit card debt is associated with lower 401(k) contributions and account balances.
Data and Research | September 13th, 2023 US Drops to 20th in Natixis Global Retirement Index Despite improvements in employment and income inequality, the U.S. slipped in the ranking, as high inflation and public debt caused...
Benefits | August 24th, 2023 Delta’s Emergency Savings Program Shows Retirement Security Dividends Airline employees enrolled in an emergency savings program have also increased their 401(k) contributions.
Administration | August 15th, 2023 Judge Sets Trial Date for American Airlines ESG Lawsuit The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.
Data and Research | August 14th, 2023 Plan Sponsors Push Toward Retirement Income, Financial Wellness Over Last Decade Plan sponsors have increased their focus on delivering expanded benefits and employee financial wellness programs in defined contribution plans, according...
Compliance | August 10th, 2023 NYC Pensions Seek Dismissal of ESG Lawsuit Attorneys for the funds argue in their motion that the complaint is ‘wasting the court’s time.’
Benefits | July 31st, 2023 S Corporation ESOPs Result in Lower Quit Rates Plan sponsors whose workforce has access to Employee Stock Ownership Plans may accrue benefits of reduced worker turnover, research shows....
Data and Research | April 10th, 2023 Target-Date Funds Have Normalized Workers’ Equity Allocations Extreme and age-inappropriate allocations by workers to equities, of either 100% or nothing, have been solved by the Pension Protection...
Data and Research | April 10th, 2023 US Workers Increasingly Worried About Retirement Lifestyle Affordability Rising costs have driven an increase in the rate of Americans who worry they might not be able to afford...
Investing | March 30th, 2023 North Carolina Lawmakers Introduce Bill Backing Retirement Offerings A Republican-introduced bill in North Carolina would make it state policy to “assist private sector working households” in saving for...
Data and Research | February 21st, 2023 Participant Retirement Assets Remaining In Plan Have Increased Vanguard research on participant’s retirement distribution decisions in defined contribution plans over time revealed the emerging trend.