White Paper Examines Benefits of a 408(b)(2) Audit
Roland|Criss published its third in a series of white papers addressing the new 408(b)(2) regulation’s specific impact on retirement plan sponsors.
News
IRS Issues Interim Report about 401(k) Compliance Questionnaire
The Internal Revenue Service’s (IRS) interim report of responses from its 401(k) Compliance Check Questionnaire offers a view of the 401(k) plan design landscape.
Majority of Employees Find Benefit Counseling Valuable
Ninety-six percent of workers who take part in individual benefits counseling sessions say they better understand their benefits as a result.
IRS Issues Guidance About Annuities in Retirement Plans
The Internal Revenue Service (IRS) issued two pieces of guidance to clarify how certain rules apply when a retirement plan offers an annuity to participants.
Industry Players Mostly Pleased with Final Rule on 408(b)(2)
Members of the retirement plan community were mostly positive about the final rule on 408(b)(2) fee disclosure regulations.
Segal Advisors Acquires Rogerscasey
Segal Advisors acquired the business of Rogerscasey.
P-Solve Acquires Cassidy Retirement Group
P-Solve completed the merger of its U.S. subsidiary with Cassidy Retirement Group (CRG).
EPIC Advisors Selects Platform to Provide 408(b)(2) Compliance
EPIC Advisors Inc. (EPIC) chose Castle Rock Innovations’ (CRI) AXIS Retirement platform to provide compliance with the Department of Labor’s 408(b)(2) fee disclosure requirements.
Retirement Plan Advisors Names VP
Retirement Plan Advisors (RPA) appointed Vernon Kempker as vice president of finance and operations in its Jefferson City, Missouri office.
Prudential Adds Two Funds to Guaranteed Lifetime Income Component
Prudential Retirement is offering J.P. Morgan SmartRetirement Target-Date Strategies and Fidelity VIP (Variable Insurance Product) Freedom Funds in its lineup of target-date funds with a guaranteed lifetime income...
U.S. Treasury Proposal to Reduce Regulatory Burdens for Retirees
The U.S. Treasury Department announced a proposal to reduce regulatory burdens and make it easier for retirees to choose to receive their benefits as a stream of income...
DoL Issues Final Rule on 401(k) Fee Disclosure
The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration (EBSA) issued a final rule on 408(b)(2) fee disclosure Thursday.
Lincoln Financial Provides Predictions on Retirement Industry
Fee disclosure regulations, in-plan guarantees, target-date strategies and retirement planning optimism will significantly impact the retirement plans industry in 2012, predicts Chuck Cornelio, president of Lincoln’s Retirement Plan...
American Workers Have a Pricey Coffee Habit
American workers spend a lot of money on somewhat average daily expenses like coffee and lunch, according to a Workonomix survey by Accounting Principals.
BofA Merrill Lynch 2011 Retirement Savings Actions on Par with 2010
Nearly 1.5 million participants within Bank of America Merrill Lynch’s proprietary 401(k) business are actively contributing to their 401(k) plans.