Fidelity Offers Personalized Financial Wellness
The solution uses new digital technology to help employees assess their individual financial wellness needs.
News
Closer Examination of DOL MEP Proposal
Those industry stakeholders disappointed by the limited scope of the proposed regulations can take heart in the fact that DOL staff calls for detailed commentary on ways the...
Vantage Benefits Administrators Owners Indicted for Stealing From Retirement Plans
If convicted on all counts, they face up to 81 years in federal prison.
Why Do Advisers Sound So Similar in Sales Pitches?
Pershing researchers warn that it is far harder for advisers to convey the uniqueness of their value propositions than is commonly assumed.
Custodia Financial Expands Retirement Loan Eraser
Not only does the solution help prevent 401(k) loan defaults when a participant experiences an involuntary job loss, it now covers voluntary job changes.
Ideas to Help Manage Surplus Funding When Clients Terminate DB Plans
According to Brian Donohue, with October Three Consulting, the master strategy to get to full-funding-but-no-surplus on termination is to reduce plan risk by gradually changing the plan’s asset...
Deep Thinking About the Technological Future from PGIM
While it took on average 121 years for countries to adopt steam and motor ships after they were first invented, it took only 16 years for personal computers...
Nationwide Announces HSA Offering in 2019
“We are committed to bringing America’s workers solutions designed to help them gain confidence and take action to efficiently prepare for health care expenses in retirement,” says John...
Researchers Find Impatience and Financial Literacy Affect Retirement Savings Decisions
The researchers say their results imply that it may be useful to facilitate decision making, particularly among the less-educated, as well as to facilitate people committing to and...
SEI Seeks Greater Workflow Automation Through Advizr Partnership
Through this expansion, SEI’s BusinessWise program will deliver enhanced financial planning tool to help advisers make actionable plans for individual clients.
Court Finds Retirement Assets Divided in Divorce Not Protected in Bankruptcy
During a couple’s divorce proceedings, a property settlement awarded the ex-husband half of the ex-wife’s 401(k) balance and the entire amount in her individual retirement account (IRA), but...
DCIO Providers Under Increasing Sales Pressure
Leading distributors are consolidating assets, and new groups are growing in influence.
Neuroscience Center Pension Plan Fiduciary Settles ERISA Dispute
Under DOL scrutiny, the Illinois-based employer has agreed to restore nearly $420,000 to its defined benefit pension plan.
SOA Mortality Scale Shows Lowered Pension Plan Obligations
The report also found a decline in future rates of mortality improvement.
Millennials the Most Motivated to Develop a Financial Plan
Twenty-nine percent say financial planning makes them feel “excited and inspired,” a survey by Northwestern Mutual found.
Who Is Responsible for Retirement Security?
National Retirement Security Week, from October 21 through 27, highlights the complementary roles of governments, employers and individuals in creating better retirement security for everyone in the U.S.
Picturing Life in Retirement Boosts Savings
When asked to think about their life in their 60s, 70s and 80s, people said retirement savings should be increased by 31%, Capital Group found in a survey.
Advisers See Increased Interest in SRI
Seventy-nine percent are incorporating socially responsible investing into their practices, according to an Eaton Vance survey.
Disclosure Changes Coming for DB Plan Clients
Amendments in the update are effective for fiscal years ending after December 15, 2020, for public business entities and for fiscal years ending after December 15, 2021, for...
Guaranteed Income, Shoring Up Social Security Suggestions for Improving U.S. Retirement System
This year, the U.S. scored a 58.8 overall in the Melbourne Mercer Global Pension Index, up from 57.8 in 2017.says the slight increase in the U.S.’s score was...