However, real estate investment trusts are still seen as a good investment diversifier for 401(k) participants.
The case is yet another example of Employee Retirement Income Security Act (ERISA) litigation to question the use of actively managed default investments.
CAPTRUST selects VP and institutional financial adviser; Insight Investment adds leaders to North American practice; NFP acquires multidisciplinary insurance broker; and more.
Several interim rulings have been handed down in the case, which asks some key questions about the meaning of the term ‘actuarial equivalence’ in the context of ERISA litigation.
The new feature is powered by Devenir.
The READYSAVE app will leverage behavioral prompts to drive better outcomes.
The move will expand the availability of the firm’s Certified Financial Planners to working and retired participants.
The goal is to help sponsors address COVID-19’s impact.
ISS ESG releases new ESG fund rating and EPIC Retirement releases managed account feature to service providers.
Consumer groups and advocates of the fiduciary adviser industry want the Department of Labor to reconsider aspects of its proposed fiduciary rule.
Retirement Equity Lab says if these exits continue, they will increase old-age poverty and worsen the recession.
Congress is divided on how to address the union pension funding crisis, which is exemplified by the plight faced by the American Federation of Musicians and Employers’ Pension Fund.
The unexpected economic downturn caused by COVID-19, along with the rapid shift to remote work, made those businesses with few resources even more vulnerable.
