DB Plans Have Been Helped by Funding Relief
A study found DB plans that used the smoothed discount rates under current law had a much lower unfunded liability than plans that did not.
News
Many Workers Unaware of Tax Credit for Retirement Savers
It is available to workers 18 years and older who have contributed to a company-sponsored retirement plan or IRA.
Using Data to Determine the Best QDIA for Your Clients
A paper from Morningstar Investment Management lays out a framework for advisers and plan sponsors to determine the qualified default investment alternative (QDIA) that is the best fit...
RadioShack Stop Drop Suit Dismissed
Relying on standards set forth by the Supreme Court in Fifth Third Bank v. Dudenhoeffer, an appellate court affirmed a district court’s dismissal of the case.
Budget Bill Includes Creation of Committee to Deal With Multiemployer Plans
According to a press release on Senator Chuck Schumer’s website, the new law would create a Joint Select Committee to Solve the Multiemployer Pension Crisis.
Investment Products and Services Launches
Wilshire Consulting Launches Inclusivity Initiative; SEIC Expands Manager Research Platform with Janney; ISS Creates Scoring Solution for Institutional Investors; and more.
Only One-Third of Boomers Are Confident They Have Adequate Retirement Savings
Among Baby Boomers who think it is important to work with an adviser, nearly 70% said they would purchase an annuity within their individual retirement account (IRA), according...
Riskalyze, Vestwell Partner on 401(k) Platform
It is an end-to-end solution designed to make is easy for advisers to propose, onboard and serve 401(k) plans.
Nearly 40% of Participants Rely on Plan Provider to Manage Outside Assets
Another 35% would consider doing so, according to Spectrem Group
Participants Achieved Six-Figure Average 401(k) Balance in 2017
Fidelity has updated its quarterly analysis of the average retirement savings balances across its book of business, and the results are once again quite encouraging.
Strategic Perspective Is a Key Commodity During Bouts of Volatility
As recently as mid-2016 it was common to hear advisers describe significant market volatility as the new normal, but since then the global equity markets have been remarkably...
Facial Recognition Can Be Used to Access RetireSMART App
MassMutual announced facial recognition is allowed for Apple iPhone X users.
Factors Can Derail Plans to Retire Later
While Prudential found pre-retirees seem well-aware of risk factors that could force them to retire earlier, study results show they could benefit from a financial plan.
Lori Lucas New President of EBRI
Lucas explains to PLANADVISER key initiatives for the Employee Benefit Research Institute's future.
Small-Business Clients Will See Biggest Tax Impact on Retirement Plans
The net result of the Tax Cuts and Jobs Act is that many clients will have a lower effective tax rate, and this can have a direct impact...
Careful Consideration of Client Age Groups Behooves Advisers
When working with Millennials, Generation Xers or Baby Boomers, it is crucial for advisers and sponsors to reach them with targeted communications; however, there are also some fundamentals...
Many Millennials Saving More for Retirement Than Other Generations
However, their fear of investing in the stock market could hurt their outcomes, a survey reveals.
Retirement Income, Managed Accounts and ‘Shadow Fiduciaries’
New Cerulli research shows the most common reason for which 401(k) plan sponsors offer participants a managed account service is that it can be positioned as a retirement...
Institutional Investors See Ninth Consecutive Positive Quarter
The Wilshire Trust Universe Comparison Service (Wilshire TUCS) saw a median return of 3.59% for all plan types in the fourth quarter, the longest string of positive quarterly...
Three Things Bond Fund Managers Say That Set Off Our Alarms
"In our experience, the way bond managers speak provides insight into their true thinking, underlying skills and biases," write Brett Wander and Jake Gilliam, two investing team leaders...