401(k) Index Underscores Investor Jitters
Facing some jarring geopolitical events, 401(k) investors reacted with above-normal trading activity during February.
News
CFP Board Rolls Out Advisory Firm ‘Roadmap’
The Certified Financial Planner Board of Standards has also published a new resource guide for firms, detailing the ways to engage with the CFP Board and its Center...
Latest Guide to Retirement Underscores Changing Landscape
J.P. Morgan says retiree income replacement needs have risen across the income spectrum and now range from 72% to 98%,...
Partners Healthcare Defeats ERISA Actuarial Equivalence Lawsuit
The case has a complex procedural history that has seen rulings issued both in favor of the plaintiffs and in...
Bill To Protect U.S. Investor Assets From Russia Exposure
American retirement investors and individuals saving for retirement could be harmed by economic spillover of war in Ukraine, senator warns
Understanding PRT: A Checklist for Implementing a Pension Risk Transfer
Experts discuss the various elements to consider before implementing a pension risk transfer to help ensure its success.
A Look at PRT Solutions and Costs
There are cost and other considerations for each solution on the spectrum of pension risk transfer options.
DOL to Hold Fiduciary Responsibilities Webcast Series in March
The agency says the webcasts will help employers and service providers understand provisions of ERISA and how to avoid common problems in plan management.
Retirement Industry People Moves
HUB announces acquisition of Taylor Advisors; PGIM names head of DC Solutions business; OneAmerica hires leader for Participant Workplace Solutions...
Understanding PRT: Fiduciary and Admin Considerations
When transferring pension risk via a full or partial buy-in or buy-out, plan sponsors have a fiduciary obligation to ensure...
Investment Product and Service Launches
Dimensional adds three new U.S. equity ETFs; MSCI to reclassify MSCI Russia indexes; Robeco introduces sustainable index family; and more.
Employee Debt and Financial Wellness Education a Hotspot for Employees
In addition to deciding whether to save for retirement or pay down debt, employees should think about how much they...
Lawmakers Debut Pension Tracker Showing Rescued Plans
Legislation passed last year allows multiemployer plans in danger of becoming insolvent to apply for funds to cover participant benefit...
Nonprofit Investors Eyeing Alternative Investments
A new survey shows an increasing number of nonprofit investors are considering whether to add alternative investments to their institutional...
Settlement Agreement Reached in Land O’Lakes ERISA Suit
The case had been stayed in mid-2021 to give the parties a chance to explore mediation—a process that has now...
Retirement Plan Adviser Boosts DC Plan Outcomes with Common ‘Cents’
Penny framing has been shown to boost DC plan outcomes, in research and practice, and can help low-income participants save...
Misperceptions About TDFs Giving Participants a False Sense of Security
Many think the funds are guaranteed, a study finds, so more education is needed.
High Hopes for Legislative Progress in Late 2022
Taking a cue from the process that led to the adoption of the SECURE Act in late 2019, one retirement industry policy advocate says the odds are good...
Supreme Court Won’t Consider CalSavers ERISA Preemption Lawsuit
The move by the high court stops an advocacy organization’s effort to halt the program, which provides workplace retirement savings...
Record Diversity Additions and Scholarship Awards for CFP Board
The increase in gender and racial diversity among CFP professionals supports the board’s goal of increasing public access to competent and ethical financial planning.