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.
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.
INSIDE THE MAGAZINE PLANADVISER May/June 2020
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.
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.