Never Being Able to Retire is Americans’ Biggest Financial Fear
That is followed by living paycheck to paycheck and never being able to climb out of debt.
News
More Americans Participating in Their Retirement Plan, ICI Says
Nearly two-thirds, 63%, of those between the ages of 26 and 64 participated in their plan directly or through their spouse.
Investment Manager Changes on the Horizon for Plan Sponsors
The majority of plan sponsors overseeing the investment menus in their 401(k) plans neither actively engage with nor actively seek information about investment managers on a regular basis;...
The New Era of DC Plan Menu Design
A trio of experts from Manning and Napier examine the “new era of DC plan menu design,” arguing encouraging developments are on the horizon.
DC Plans Focusing on Getting Employees Retirement Ready
When DC plans were first launched, plan sponsors mostly viewed them as a tool to attract and retain employees.
DCIIA Calls for More Robust Use of Automatic Features
The organization has issued a report analyzing what is working in DC plans and how the existing tools can be leveraged further.
Advisers Can Help Plan Sponsors Save on Fees
Some advisers say retirement plan fees can be reduced by as much as 50%.
Strategic Beta ETFs: Active or Passive?
Nearly two-thirds of ETF issuers claim to position strategic beta as a replacement for passive ETFs, but nearly two-thirds of advisers who are using strategic beta report replacing...
Fund Performance Not Impacted by Management Change
Despite outflows following high-profile management changes, Morningstar finds that such a flux has no impact on fund performance.
Delaying Fiduciary Rule Estimated to Cost Retirement Savers $7.3B
This is the loss to investors over the next 30 years, the Economic Policy Institute says.
Trustee Ordered to Sell Real Estate to Replay Plan
A federal district court ordered a profit-sharing plan trustee to sell personal real estate to meet restitution requirements, after the trustee failed to ensure proper diversification and liquidity...
Tax Adjustments May Drive Small Businesses into 401(K) Space
Even though many small businesses lack retirement plans, a study by LPL Financial suggests minor tax adjustments could nudge them in the right direction.
New ESOPs Are Created Each Year
Research from the NCEO finds ESOPs still hold a significant amount of retirement plan assets.
Aon Pulls Company Stock From 401(k) Plan
On December 1, 2017, the Aon Stock Fund will be liquidated and removed from the plan.
Women’s Retirement Income Literacy Is Lower Than Men’s
Only 18% of women passed a retirement income literacy quiz, compared to 35% of men.
Strong Support Voiced for Further Fiduciary Rule Delay
The first of two deadlines has passed for the DOL’s information request about a potential second fiduciary rule delay, but the window is still open for advisers to...
A Closer Look at How Americans Define Wealth
Some define it in monetary terms, and others as a state of well-being.
2017 Mid-Year Market Outlook from Bob Doll
Nuveen’s lead equity strategist Bob Doll suggests one of the “biggest U.S. economic wildcards” is the political backdrop, but other crucial factors are at play behind the headlines.
DOL Rules Have Popularized ESG Investing Among DC Plans
ERISA attorneys and asset managers agree that ESG is rapidly becoming a cornerstone issue for DC plan sponsors—and most other categories of institutional investors for that matter.
Retirement Industry People Moves
Nationwide Expands Asset Strategies Team; Northern Trust Collaborates with GuideStone Funds; Mercer Names Head of Mercer Digital; and more.