Doll Says Recession Will Be Deepest Since WWII
But the chief equity strategist at Nuveen expects it to be short-lived.
News
Parties Voluntarily Dismiss Case Challenging American Airlines’ DB Plan Calculations
The case applied to several DB plans sponsored by the company and challenged the use of an "inherently unreasonable" mortality table for calculating benefits.
Senator Portman Again Calls for Multiemployer Union Pension Reform
He says that without several much-needed reforms, the Pension Benefit Guaranty Corporation could become insolvent in less than five years.
COVID-19: Changing Portfolio Management Forever
In a preview of our upcoming print edition, three large target-date fund managers weigh in on the current market—and what...
California Man Accused of Fleecing Boeing Retirement Plan
Situations like this emphasize the clear and present need for retirement plans to implement effective cybersecurity policies.
State Securities Charges Highlight Potential for REIT Sales Issues
A registered representative of NEXT Financial Group is accused of manipulating key figures and data used to monitor sales of real estate investment trusts to certain client groups,...
15th Anniversary of RPAY: John Barry
One difference between now and 2008 in terms of running an advisory practice is the “technology dividend,” says John Barry,...
Retirement Industry People Moves
Crossroads Financial Services joins LPL RIA platform; Alliance acquires recordkeeping and HR consultant; Resources Investment Advisors adds MPRA to list...
Biogen Inc. Faces ERISA Challenge Over Funds, Fees
While not the smallest to face an excessive fee lawsuit in recent years, Biogen’s defined contribution plan held less than $1 billion at the start of the proposed...
Managers See Stocks Buoyed by Stimulus
They warn that there could be a market pullback when second-quarter earnings start being reported and that the coronavirus’ legacy...
Investment Product and Service Launches
RobustWealth launches adviser-centered solution; Franklin Templeton adds fixed-income ETF offering; OneAmerica releases RetirementTrack target-date series; and more.
A Bad Time to Stretch for Yield
We were already in a new normal of very low interest rates before the coronavirus pandemic struck. It now seems...
Many Retirement Plan Contracts Delayed by COVID-19
Sales of new plans are expected to decline throughout the rest of 2020, with small plans affected the most.
Graystone Consulting to Offer RiskFirst Investment Solution
The partnership is said to improve the integration of pension actuarial and liability analytics into Graystone Consulting’s investment advice.
Democratic Senators Challenge DOL’s Proposed ESG Restrictions
The lawmakers say environmental, social and governance-focused investing allows retirement savers to support long-term change by building a system that rewards and values inclusion and diversity in corporate...
Latest 401(k) Excessive Fee Suit Targets Matthews International
Though similar to other lawsuits, arguments about excessive recordkeeping fees are featured early and prominently in the complaint and strongly criticize the recordkeeper, even though it is not...
ADP Creates Simpler Form 5500 Compliance Reporting
The firm is introducing a simplified Form 5500 compliance reporting process, marking the second phase of its compliance dashboard enhancement effort.
15th Anniversary of RPAY: Steve Wilt
Steve Wilt, member of the PLANSPONSOR Retirement Plan Team of the Year in 2007, now works at CAPTRUST. He says...
Infosys to Assume Operations for Vanguard DC Recordkeeping Business
Vanguard says the partnership enables it to modernize its core recordkeeping platform and move faster on redesigning its participant experience.
Prepare to Meet the Needs of the Workforce of the Future
The way in which companies structure their remotely distributed workforces will depend on the financial consequences of the pandemic, the...