News Archives | Page 436 of 1401

Compliance

February 22nd, 2018

SEC Extends Deadline for Open-End Fund Liquidity Classification

However, the deadlines for creating a liquidity risk management program and to limit illiquid investments to 15% of a fund’s portfolio remain unchanged: December 1, 2018, for larger...

The Markets

February 22nd, 2018

Institutional ESG Investing Can Bring Tough Reporting Questions

Highlights from a new Natixis survey suggest reporting challenges continue to rank as top hurdle for institutions implementing ESG programs; this includes the concern that public companies may...

The Markets

February 21st, 2018

LPL Researchers Perspectives on Managing Interest Rate Risks

According to the researchers, sector diversification and yield curve positioning can help investors during rising-rate periods.

Practice Management

February 21st, 2018

DISRUPTION: Driving Down Plan Costs a Clear Focus for FixedFee401k

Our series of exclusive articles featuring retirement industry “disruptors” continues with another growing provider in the small- and mid-market, promising 50% lower costs than the traditional competition through...

Client Service

February 21st, 2018

Concerns About Retirement Health Care Costs Increasing Interest in HSAs

However, only 8% of respondent to a ConnectYourCare survey are seeking advice about how much to contribute to a tax-advantaged health savings account.

Products

February 21st, 2018

BofA Merrill Lynch Participant Website Relaunch Reflects Wellness Trends

The redesigned plan participant portal is based on insights gained from working with more than 5 million workers across the U.S., according to the firm.

Client Service

February 21st, 2018

2018 PLANSPONSOR Retirement Plan Adviser of the Year Finalists Announced

PLANADVISER is pleased to announce the finalists for the annual PLANSPONSOR Retirement Plan Adviser of the Year awards.

Products

February 20th, 2018

Voya Introduces Chinese Version of Its Name

The firm also launched a three-month advertising campaign to help build brand awareness in the Asian-American community, and has a Mandarin page on its website.

Data & Research

February 20th, 2018

401k Averages Book Expanded to Include Plans With Larger Participant Balances

The book continues to show that plans with higher average account balances pay lower total fees.

Client Service

February 20th, 2018

Help DB Clients Stay Realistic About Mortality Assumptions

“It is important for actuaries for all types of pension plans, including those who work with multiemployer and public-sector plans, not to reverse expectations for mortality improvement in...

Data & Research

February 20th, 2018

By Cutting Back, Current Retirees Navigate Financial Shocks

Some of today’s retirees are financially fragile, but most appear able to absorb financial shocks without incurring severe hardship; this may very well change in a DC plan-dominated...

Compliance

February 20th, 2018

Participant Fails to Show Harm in Retirement Plans Acquisition

After the plaintiff’s employment at Siemens concluded, Siemens sold one of its business divisions to Sivantos, Inc., and as part of the sale, Siemens transferred to Sivantos the...

Data & Research

February 20th, 2018

Retirees Who Own an Annuity Are More Confident

The study also found that 56% of retirees who work with an adviser own an annuity, compared to 28% of retirees who do not work with an adviser.

Products

February 20th, 2018

Fee, Share Class Shifts at Schwab and Putnam Reflect Vigorous DCIO Competition

Recent interviews with product development executives at Putnam and Charles Schwab show the aggressive steps brand name providers are taking to keep their edge in a highly competitive...

Compliance

February 16th, 2018

Mass. State Securities Market Enforcers Target Scottrade for Sales Contests

The enforcement arm of the Massachusetts Securities Division of the Office of the Secretary of the Commonwealth alleges that Scotttrade violated the Massachusetts Uniform Securities Act and related...

Data & Research

February 16th, 2018

Americans to Use Tax Reform Pay Bump for Financial Wellness

A survey of 1,000 Americans found 35.7% of respondents are going to use the money to pay down debt faster, 12.8% are going to use the money to...

Compliance

February 16th, 2018

Northrop Grumman Gets Some Claims Dropped in Excessive Fee Suit

Northrop was found not to be a fiduciary with respect to certain acts alleged against it; however, it did not escape the failure to monitor fiduciaries complaint.

Deals & People

February 16th, 2018

Retirement Industry People Moves

Mercer Advisors and GFS Create RIA Firm Integration; Cetera Creates New Channels and Enhances Leadership Team; Nationwide Hires Lead for Retirement Institute; and more.

Compliance

February 16th, 2018

Court Finds ERISA Does Not Preempt Illinois Slayer Statute

The 7th U.S. Circuit Court of Appeals quoted a Supreme Court decision which said “the principle underlying the statutes—which have been adopted by nearly every State—is well established...

The Markets

February 15th, 2018

P-Solve Report Questions Some Common TDF Manager Practices

“While appropriate for some participants, heavy reliance on equities is almost certainly not suitable for as many 401(k) participants as the allocation of the largest TDF managers suggests,”...