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The document is a volume submitter format and is designed to accommodate both ERISA and non-ERISA plans as well as church plans and plans for governmental entities.

The lawsuit contends layering of BlackRock proprietary funds within its TDFs causes excessive fees for plan participants.

The Lifetime Income Disclosure Act would require employer-sponsored plans to provide participants with statements detailing potential lifetime income from annuities.

Marsh & McLennan Agency Acquires Advisory Firm; Segal Names Public Sector Market Director; CAPTRUST Financial Advisors Grows Business; and more.

Before ultimately finding plaintiffs' claims were time-barred, a judge found Putnam's mutual fund fees were reasonable and a comparison to Vanguard funds was "apples to oranges."

The bill amends the nondiscrimination rules to protect older workers in plans that have been closed or frozen.

When issues are detected during a plan year they can also, most likely, be corrected prior to plan year end, JMM CPA says.

The plaintiffs claim the defendants breached their fiduciary duties because a prudent fiduciary would not retain the American Beacon Funds, which were created by American Airlines' parent company,...

Nationwide Adds 3(21) Fiduciary Service from IRON Financial; intellicents to Use Schwab Automated Investment Management Program; Delaware Investments Rebrands; and more.

Their practice management programs also help attract and retain advisers.

The new DC plan solution combines human touch and technology to make the onboarding experience easier.

A new assessment by Fidelity Investments measures financial wellness by taking into account money management skills and feelings toward finance. 

Twenty percent of those with a net worth of $5 million or more worry they will have enough money to last them in retirement.

Canadian pensions do a good job of keeping costs down, diversifying and using alternative investments.

An organization comprised of industry advocates and businesses is set out to expand Americans’ access to retirement plans and protect the system’s retirement tax incentives.

 

Their “Retirement Ripoff Counter” shows that without the protections of the fiduciary rule, investors are losing $1.9 million an hour, $46 million a day—and $17 billion a year.

A survey found that 38% of Americans know nothing about compounding.

Although more people are enrolling HSAs today, misconceptions still hold back many from making the most out of these accounts.

 

If workers could automatically roll their 401(k) plan over to a new employer, the Institute says this could generate an additional $2 trillion in retirement savings.

This lack of experience can lead to mistakes, ERISApedia.com says.