Retirement Industry People Moves
DWS hires municipal bond director; PBGC announces several leadership appointments; Principal International names retirement income solutions leader; and more.
News
IRI Publishes Retirement Income Education for Participants
The documents are FINRA reviewed and focus on the topics of maximizing Social Security and tapping into common sources of sustainable retirement income.
2019 Planning for DC Plan Clients
Willis Towers Watson offers nine actions for DC plan advisers to help their clients mitigate risks in 2019.
Will Lame-Duck Session Deliver Solution to Multiemployer Pension Crisis?
A vote on solutions was supposed to take place by today, but the co-chairmen of the Joint Select Committee on the Solvency of Multiemployer Pension Plans say they...
Milliman Launches Account Lock Feature
The solution allows participants to “lock down” their accounts to prevent any distributions or loans from being initiated.
Employers Describe Financial Wellness Initiatives as Pilot or Ad Hoc Programs
Few employers surveyed by the Employee Benefit Research Institute (EBRI) currently consider the financial wellness initiatives as “holistic” programs, and they noted challenges to offering these programs.
Investment Product and Service Launches
Broadridge Offers SEC Rule 30e-3 Solution; Touchstone Creates Additional Equity Funds; HB&T to Build ESG-Centered Collective Investment Fund; and more.
Retirement Income Conversations Drive New Wells Fargo Resource
To help improve participant planning, the Retirement Income Planning Center provides resources to help create a retirement budget and income plan, which Wells Fargo says are two essentials...
Helping DB Plan Clients Plan for 2019 and Beyond
Willis Towers Watson offers investment considerations for sponsors of defined benefit plans.
Redtail Survey Shows Increased Use of Mobile CRM Solutions
Advisers discuss the software their firms currently use, how they access client information, and how succession planning figures into the future of their practices.
Strategies to Maximize Social Security and Medicare
When to start taking Social Security is one of the most important, and complicated, financial decisions a person can make.
Consumers Underestimate Health Care Costs in Retirement
And, only 29% plan to use a health savings account (HSA) to cover medical costs in retirement, HSA Bank found.
Maximum Benefit and Contribution Limits Table 2019
Maximum Benefit/Contribution Limit for 2009 through 2019.
Individuals Not Effectively Preparing for Retirement-Related Risks
For example, the Society of Actuaries found all generations are highly concerned with having enough money to pay for health care in retirement, however, saving for the future...
Nationwide Emphasizes Dual Role of Saving and Debt Reduction
By talking about the power of compounding and emphasizing the importance of investing at the same time one is paying down debt, advisers can inspire younger clients to...
Association Sues New York DFS Over Best Interest Standard
Among other things, the National Association of Insurance and Financial Advisors for New York State alleges the Department of Financial Services (DFS) exceeded its permissible executive-branch authority by...
Ameritas Launches New Retirement Plan Platform
It offers a comprehensive array of tools to help advisers serve retirement plan sponsors.
Americans Favor Workplace Benefits Over Extra Salary
A 401(k) match and health insurance are the benefits they value the most
K-12 403(b) Plans Require Unique Recordkeeping Solutions
Because K-12 403(b) plans have mostly stuck with the multiple provider and individual annuity model, different providers must work together to make sure recordkeeping for these plans is...
Lame-Duck House Proposal Includes Popular Retirement Reforms
The consensus in early commentary is that the new House proposal appears to closely align with bipartisan legislation with potential majority support in the Senate.