January 3rd, 2018
An analysis from Mayer Brown LLP attorneys offers helpful guidance for retirement plan fiduciaries thinking about making changes to their stable value or money market funds in 2018.
December 12th, 2017
Fifty-two percent of defined contribution retirement plan sponsors offer money market funds as capital preservation options, down from 62% in 2015.
December 4th, 2017
Last month, J.P. Morgan agreed to pay $75 million to settle litigation accusing it of investing stable value funds in risky investments.
November 16th, 2017
The association argues that plaintiffs’ claims rely on hindsight, ask Fidelity to “follow the herd” and imply Fidelity should not align its interest with those of 401(k) plan participants.
November 7th, 2017
The firm has agreed to pay $75 million to settle litigation brought by multiple retirement plan participants alleging J.P. Morgan invested its stable value funds in risky assets.
September 15th, 2017
The majority of outflows from retirement plan participant accounts came from U.S. equities and company stock, despite powerful stock market returns for the year thus far.
August 2nd, 2017
Both May and June were light trading months for 401(k) participants, but when they did trade, they favored equities.
July 17th, 2017
The lawsuit unsuccessfully alleged Voya does not disclose to its retirement plan clients and their respective participants the amount of stable value fund spread it collects.
May 30th, 2017
The lawsuit charges that the crediting rate United of Omaha set for guaranteed investment contracts allowed it to receive excessive compensation.
May 22nd, 2017
PIMCO indicates an active fixed-income strategy
could pose some opportunities in the current and future market.
April 21st, 2017
The plaintiffs seek to represent participants in more than 300 retirement plans which were invested in 78 stable value funds, according to the court’s order.
February 6th, 2017
A federal court judge found an amended complaint relied on hindsight to find the stable value fund did not maximize returns, and a new claim that the fund manager deviated from industry averages did not infer imprudence.
December 1st, 2016
The suit claims Voya collects hundreds of millions of dollars annually in undisclosed compensation.
December 1st, 2016
A federal judge found that that New York Life provided documentation showing there was no spread between the internal rate of return and the interest crediting rate New York Life set for stable value funds.
October 25th, 2016
“I recently started working in the benefits office of a large health care organization.
August 4th, 2016
BMO Global Asset Management expands availability of stable value fund; American Funds offers new fixed income funds; and Franklin Templeton offers Global Macro Strategies Fund
June 17th, 2016
The use of stable value funds within defined contribution plans has evolved substantially in recent years and decades, with more changes right around the corner.
January 11th, 2016
Why do so few DC plans offer stable value funds on the investment menu?
December 21st, 2015
The suit says Fidelity was overly conservative in its underlying investments and used strategies to appease wrap providers to the detriment of 401(k) plan participants.
Data and Research
December 8th, 2015
A study looked at considerations important to DC retirement plan sponsors in selecting a stable value product.