Conduct PRTs with Long-Term View in Mind
MassMutual has issued a white paper outlining all considerations for defined benefit plan sponsors considering a pension risk transfer.
News
Federal Court Orders Prison Term after Benefit Plan Theft
A Maryland business owner will serve one year and one day of imprisonment and pay more than $350,000 in restitution for violations of the Employee Retirement Income Security...
Institutions Turn to ETFs for Bond Market Liquidity
Diminished liquidity in global bond markets is fueling demand for fixed income exchange-traded funds.
ICI: IRAs Are Successful Vehicles for American Savers
Saving practices tend to vary based on the investor’s age.
‘Women’s Pension Protect Act’ Seeks DB-Like Protections for DC Plans
Democratic Senator Patty Murray says her bill would be a strong first step toward addressing some of the key hurdles facing women as they save for retirement in...
Verizon Landline Spinoff Company Frontier Faces Stock Drop Litigation
The lawsuit seems keenly aware of the poor record other such complaints have had in federal court since the crucial Supreme Court ruling in Fifth-Third vs. Dudenhoeffer—focusing its...
August Marks Second Consecutive Month With No Above-Normal Trading
On the majority of trading days, fixed-income funds led, according to the Alight Solutions 401(k) Index.
One-Third of Americans Lack an Accurate Perception of Their Finances
Many respondents to a Prudential Financial survey are misjudging how well-off they are.
Northern Trust Outlines Relatively Rosy Five-Year Market Outlook
Broadly speaking, Northern Trust’s Capital Market Assumptions Working Group expects continued global economic growth, controlled inflation and accommodative monetary policy.
The Median Retirement Account Balance Among All U.S. Workers Is ‘Zilch’
Over half have nothing set aside in any type of employer retirement plan.
Companies With Strong Performance Have Quality 401(k)s
Above-average-rated plans are more apt to be found at companies with 20% to 80% higher profitability than are average-rated plans, says T. Rowe Price.
Church Failed to Provide Retirement Benefits to Former Employees
Its former executive pastor and his wife presented evidence showing that supplemental retirement benefits were improperly taken in November 2011 and placed in the church's building campaign.
Partnership Offers Advisers Chance to Build 401(k) Business
By partnering with RPAG, Voya Financial Advisors wealth advisers will have an opportunity to grow their business in the 401(k) space.
A ‘Brittle’ Financial System Persists, 10 Years After Crisis
Lessons have been learned, but experts still worry about the “brittleness” of the U.S. and global financial system.
HD Vest, Envestnet Partner on Tools to Help Advisers Grow Their Business
These include model management, proposal generation, unified managed accounts, overlay models, online reporting and the consolidation of plan data.
Wilmington Trust Dodges M&T Bank Proprietary Funds Suit
Wilmington Trust subsidiaries were found not to be fiduciaries, but other claims against the M&T Bank retirement plan committee were moved forward.
Retirement Industry People Moves
Stadion Names New Retirement Strategies CIO; Nationwide Names New Marketing Leader; Experienced ERISA Experts Join Steptoe & Johnson LLP; and more.
PBGC Issues Rules to Facilitate Mergers of Multiemployer Plans
The Pension Benefit Guaranty Corporation says that mergers can protect the benefits earned by workers and retirees and extend the solvency of troubled plans.
Modern Retirement Framework Must Consider Health Care Costs
Vanguard engaged Mercer Health and Benefits to develop a new model to forecast health care costs for U.S. retirees; the effort has resulted in a number of pragmatic...
Investment Product and Service Launches
Securian Incorporates Custom Investment Models and American Century Expands ETF Suite.