Retirement Industry People Moves
OneAmerica adds regional sales director for Michigan clients; Dimensional Fund Advisors names capital markets head; Findley to join USI; and more.
Industry Experts Discuss Benefit Trends for 2021
Financial advisers and professionals explain what they are hearing from clients and what they anticipate for the upcoming year.
The Role of Guaranteed Minimum Benefit Riders in In-Plan Annuities
With some riders, participants can enjoy the upside of the market with downside protection.
Gen X Facing the Stark Reality of Retirement
More than any other generation, its members are receptive to in-plan guarantees.
The Pandemic and Equity Compensation
COVID-19 has completely upended Americans’ financial lives, so it should be no surprise that many people have resorted to exercising stock options and other forms of equity compensation to address pressing needs.
UBS Adds Student Loan Debt Repayment Program to Workforce Suite
The investment firm has also added personalized financial wellness digital capabilities.
Nationwide Announces Upcoming Annuity Suite and New Partnerships
Additionally, in 2021, Nationwide will introduce several in-plan lifetime income options that pair income guarantees with TDFs.
Arkansas Is Latest State to Consider NAIC Annuity Sales Standards
The state’s Insurance Department Rule 82, which may soon be updated to match a suitability framework recently adopted by the National Association of Insurance Commissioners, seeks to address conflicts of interest among annuity providers and their proxies.
Proposed Bill Would Give 403(b) Plan Sponsors Access to Open MEPs
The SECURE Act's provisions for pooled employer plans (PEPs) did not apply to 403(b) plans.
15th Anniversary of RPAY: SageView Advisory Group
Part Art, Part Science: Managed Account Due Diligence
A managed account program’s fees can be cut in half if it’s selected as a retirement plan’s default investment, although cost is just one of many important due diligence factors.
Fear of Retirement Spending Worsened by Pandemic
Retired households with less than $200,000 accumulated in a DC plan at retirement tend to spend down only about a quarter of their assets during the first two decades of retirement.
Advisers Can Help Retirement Plan Sponsors Regroup for 2021
Further Stimulus Said to Be Already Priced into the Markets
The failure to pass a second fiscal stimulus package is causing volatility, experts said, adding to the normal pre-election jitters.
Consider Goals When Helping DC Plan Sponsors Select Annuity Options
Each type of annuity available to defined contribution plans has different features to match the goals of plan sponsors and participants.
Stock Purchase Plan Expertise Helps Advisers Shine
The vast majority of employees that participate in both 401(k) and employee stock purchase plans say it is important to take advantage of financial guidance made available by their employer.
AllianzGI Structured Alpha Funds the Target of Another Lawsuit
The Employees’ Retirement System of the City of Milwaukee says the investment managers' failure to follow the promised investment strategy of the funds resulted in massive losses.
The Importance of Virtual Training During COVID-19
Flexible schedules are expected to continue post-pandemic, resulting in better access to coaching for more retirement plan participants.
Advisers Should Consider Emotions When Guiding Participants Through COVID-19
A calm, measured approach will help retirement plan participants make the right decisions.
Advisers Should Take a Fresh Look at Investment Strategies, Business Models
Meeting the needs of Baby Boomers and Millennials and addressing investors’ desire for low costs are key to growing business.