Trust Builders Rolls Out New Retirement Readiness Software
The new platform is designed to build interactive reports for advisers to provide to plan sponsors and participants.
News
Annuities Industry Fiduciary Challenge Dwelt Blow In Federal Court
A U.S. District Court has handed down a DOL-friendly ruling in one piece of anti-fiduciary rule litigation that is seeking more leniency for fixed-index annuity providers.
Finding Investment Managers With the Best Culture for Performance
New research suggests that an investment manager organization with a culture of purpose and passion has better long-term outcomes than those that don't.
Retirement Is Americans’ No. 1 Financial Priority
But people give themselves a “C” when it comes to actually being prepared to retire.
Financial Advisers Weigh In On Trump Victory
A new survey found that most independent financial advisers expect a strong economy for 2017 under President-elect Donald Trump, and a majority want him to repeal the DOL...
Investors Seek Cost Cuts Amid Return Challenges
In particular, “alternative” investment classes are playing an increasingly important role in the effort to meet necessary portfolio returns, Cerulli finds.
Financial Advisers Can Build On Strong Base of Trust
A new study by Spectrem Group highlights increased trust of financial advisers among wealthy investors, and it offers guidance on how advisers can enhance their relationships with clients.
More Importance Placed on ESG Investments by Millennials
The Millennial generation ranked ESG factors as equally important as investment outcomes when considering investments decisions, according to a survey.
Americans Seek Diversified Investments and Advice
Affluent investors seek out advice from multiple providers because they are hesitant to trust a single source, a new analysis suggests.
Ascensus Revamps SEP and SIMPLE IRA Program
The program enables small businesses to offer their employees a plan for retirement with no administrative cost to the employer.
Proposed DB Plan Regulations Address Changes Made by the PPA
Proposed rules by the IRS would amend the current final regulations under section 417(e) of the Internal Revenue Code regarding the minimum present value requirements of section 417(e)(3)...
Wells Fargo Self-Dealing Suit Questions Committee Practices
The latest example of retirement plan fee litigation questions the offering of an “easy enrollment” function that favored investment into the company’s own TDF mutual funds.
Investment in Sequoia Fund Target of Another Retirement Plan Suit
The lawsuit claims retirement plan fiduciaries breached their ERISA duties by continuing to offer the fund, because it was not diversified.
Helping Participants Prepare for Retirement Health Care Costs
Knowledge and the right tools can help individuals prepare for and perhaps reduce health care costs in retirement.
Investment Products and Service Launches
BlackRock Updates Lifepath TDFs; and SSGA to Introduce Proprietary Indexes to Replace Terminated Russell Indexes.
Retirement Industry People Moves
Fidelity CEO Abigail Johnson to Succeed Father as Chairman; Hatteras Welcomes Back Managing Director; AB Creates Chief Marketing Officer Role
Are Your Clients' SPDs Accessible and Readable?
Plan advisers can consult with plan sponsors about their SPDs and determine if they are simple enough for employees to understand while also not subjecting sponsors to legal...
EBRI: Census Bureau Reported Inaccurate Estimates of Plan Participation
A new report by EBRI suggests that the Census Bureau’s estimates of steep declines in employer-sponsored retirement plan participation were misleading.
PBGC Issues New Table for Determining Expected Retirement Ages
The table is for use by pension plans undergoing distress or involuntary termination with valuation dates falling in 2017.
ERIC Suggests PBGC Expand Missing Participant Program
In a comment letter to the PBGC, the ERISA Industry Committee also encouraged a different fee structure and incorporating electronic rollovers of claimed accounts into qualified plans.