IRS Says 403(b) Plans May Use Effective Date Addendums
Some sponsors that want to use a pre-approved plan have certain provisions that were not in effect for the plan for the entire restatement period or options that...
News
SPARK Offers Best Practices for Recordkeepers to Report Cyber Security Capabilities
Last year, The SPARK Institute formed a Data Security Oversight Board (DSOB), comprised of both recordkeepers and members of the plan adviser community.
Advisers Weigh Financial Planning Versus Money Management
The latest U.S. monthly product trends report from Cerulli Associates compares the approaches to client service and practice leadership adopted by men versus women advisers.
Education on Lifetime Income Needed in Not-for-Profit Sector
In-plan lifetime income options can secure certain benefits participants may not find in retail solutions, suggests a new study by TIAA.
NIRS Says Changes to Saver's Credit Would Help More Retirement Savers
One thing the NIRS suggests is to change the tax credit to a savings match.
Investment Capability Added to HSA Platform
Lively, Inc. introduced investment capabilities through an integration with TD Ameritrade Institutional’s Self-Directed Plan Services platform.
PBGC Provides Relief to Sponsors Affected by Hurricane Maria
DB plan sponsors have until January 31, 2018, to comply with certain reporting and payment deadlines.
Financial Struggles Overshadow Millennials' Retirement Savings Confidence
Despite confidence in their level of retirement savings, 46% of Millennials surveyed indicate they have a significant amount of debt, and 43% report they cannot afford to pay...
Advisers Seek Next Generation Active Investment Packaging
“Distribution of standalone product has become more competitive in the wake of commoditization and platform consolidation,” according to a new analysis from Cerulli Associates.
Investors Concerned About Near Term Volatility
Several Americans across generations fear their portfolios aren’t diversified enough to secure a comfortable retirement in the event of a market correction.
Fee Checker Tool Measures Impact on Savings
The upgraded fee checker tool by America’s Best 401k allows participants to lookup plans by business name to compare fees.
Excessive Fee Suit Filed Against Novitex 401(k) Plan Fiduciaries
A participant says a plan with more than $157 million in assets has the bargaining power to negotiate lower fees for administration and plan investments.
Americans Fear Exhausting Money in Retirement More than Death
A new study by Allianz shows Americans are generally concerned about retirement, but different generations can learn from Boomers who are growing more frugal.
Catering to Millennial Investors and Job Seekers
According to data from Wells Fargo and TheMuse, if given $1,000 in spare cash to invest, 86% of Millennials would be motivated to invest in a company that...
Half of Business Owners Plan to Increase Their 401(k) Matches
Among this group, 55% say it is because of increasing revenue.
Plaintiffs Fail to Meet Pleading Standards in Wells Fargo Stock Drop Suit
A federal judge dismissed a consolidated case against Wells Fargo's 401(k) plan fiduciaries.
Sponsors Upping Their Fiduciary Game
They are focusing on their fiduciary responsibilities by moving to lower-cost investment options.
Adviser Delivery Methods Crucial for Potential Clients
LIMRA finds that consumers want a one-stop-shopping approach to financial advice, which allows them to receive guidance on all aspects of their financial life from a single source.
Retirement Savings Takes a Back Seat to College Savings for Parents
Seventy-three percent of parents agree with the statement, “I’d be willing to delay my retirement to pay for my kids’ college education.”
Retirement Industry People Moves
Janus Henderson Investors Hires Global Head of Fixed Income; FS Investments Expands Real Estate Investment Efforts; D&G Joins CAPTRUST; and more.