News

 Two groups of participants—women and Gen Y members—are increasing their savings in defined contribution plans, according to MassMutual Retirement Services.   

Financial Engines' Income+ has been integrated into J.P. Morgan Retirement Plan Services’ 401(k) offering.   

Exchange-traded fund (ETF) assets dropped by $5.3 billion (0.4%) in April.

Putnam Investments plans to offer two new share classes to qualified retirement plans.

Despite efforts by employers to educate workers on their 401(k) offering, most workers are not taking full advantage of their plans.

 Marvin W. Tuttle Jr., executive director of the Financial Planning Association (FPA) since 2004, said he will step down from the position in 2014.   

The Department of Labor’s Employee Benefits Security Administration (EBSA) issued frequently asked questions about the requirements of new participant fee disclosure rules.  

 Pacific Life introduced an online tool to help advisers engage clients in a conversation about building sustainable lifetime retirement income.   

Findley Davies, a human resources consultant, launched “Retirement Focus,” a mobile application for iPhones and Android smartphones.

 Service members who work with an adviser cited financial know-how and moral fiber as the top attributes they look for, a survey found.   

Travis Crowell joined the firm BFT Financial Group in Bedford, Texas.  

More than half of high-net-worth Americans (59%) lack confidence in their advisers’ ability to help manage health care costs in retirement.

A certification program for ERISA 3(38) for advisers was initiated by Rosenbaum Law Firm and DALBAR Inc.

 Primerica began an on-demand, online training program developed by Integrated Retirement.    

A research paper from Russell Investments explores the impact of adding "real assets" to a defined contribution (DC) plan menu.