IRS Seeks Input About Minimum Present Value Requirements Event
Interested parties can email the IRS by 5 p.m. ET on April 17, 2017, with any suggestions for its presentation.
News
Higher Education Faculty Need Help With Investing
Nearly three in 10 (29%) professors surveyed by Fidelity aren’t sure of the investment mix of their retirement savings, suggesting they don’t know if the investments they selected...
Industry Leaders Aim To Increase Number of African American Advisers
Establishing scholarship funds and more carefully considering the benefits of diversity in the hiring processes are just a few of the ways an increasing number of firms say...
Investors See Fewer Obstacles to Incorporating ESG in Portfolios
However, one significant barrier remains: the lack of transparent, standardized and quality data.
Anthem Excessive Fee Case Survives Most Motions to Dismiss
The suit charges Anthem 401(k) plan fiduciaries with offering plan investments with excessive fees and paying too much for recordkeeping services, among other things.
Seyfarth Shaw Expands Seyfarth Benefits Consulting
Seyfarth Benefits Consulting focuses on supporting clients' ongoing legal counseling and administrative needs in relation to their retirement, health and welfare programs.
Younger Participants Expect Employer To Steer Retirement Plan
Many folks under 30 are “do-it-for-me” type investors.
Oracle 401(k) Challenge Jumps Another Legal Hurdle
A federal district court judge has granted the recommendation of a magistrate judge, to the effect that an ERISA lawsuit filed against Oracle will not be dismissed before...
Choice of Social Security Calculator Matters
The same tool that is reliable for providing quick and simple Social Security estimates won’t be as helpful when subtler situations arise—and so picking the right benefit calculator...
Bill Would Reduce Retirement Plan Costs for Small Employers
A bill introduced to lawmakers directs the DOL and the Treasury Department to allow employers and sole-proprietors participating in retirement plans administered in the same way to file...
Retirement Industry People Moves
Transamerica Expands Retirement Plan Consultant Business; Standard Life Investments Appoints Director of Strategic Relations; OppenheimerFunds Expands Beta Solutions Team
Administrative Proceedings for ERISA Legality Claims Would Be Futile
The 6th Circuit said if 403(b) participants had tried to use the plan's administrative remedies for claims a plan amendment violated ERISA, it would have been futile.
IRI Releases 2017 Policy Blueprint
The Insured Retirement Institute will spend the year pushing Congress and the Administration to advocate for legislation that would expand Americans’ access to advice and simpler annuities.
Plans to Retire Later May Not Pan Out
Luke Vandermillen, from Principal, suggests employees would be well-served by seeking help from advisers in setting up a reliable retirement strategy.
Arguing For ‘Broker/Dealer’ Agnostic Financial Wellness
One advisory firm argues delivering financial wellness programming on a third-party basis can better bolster employees’ financial health and retirement readiness.
Hartford Funds to Launch New Fixed Income ETFs
The new funds will focus on investment grade debt including U.S. government and corporate bonds.
Equity Funds Most Common Type of Fund Held in 401(k)s
This was followed by $835 billion in hybrid funds, which include target-date funds, ICI found.
Majority of Investors Feel Confident About Retirement
Seventy-eight percent think they will be comfortable in retirement, up from 69% in 2014.
eMoney to Power intellicents Financial Wellness Platform
Brad Arends, CEO of intellicents, believes the provider will provide participants with “useful financial tools that go above and beyond what most people get with their 401(k)s.
Securities Lending Seeing Higher Demand from Institutional Investors
Higher interest rates, changes in collateral used and other trends can result in higher revenues for institutional investors, such as DB plan sponsors.