News

This is a friendly reminder that 2017 PLANSPONSOR Retirement Plan Sponsor of the Year nomination forms are still available. Don't wait to nominate—time is running out! 

Impax Expands North America Team; Two Executives join Allianz Life; Northern Trust Asset Management Expands Leadership; and more.

One provides participants with an annual checkup to help track their progress and give their retirement strategy a once-over, and another stresses the importance of guaranteed retirement income.

The Fiduciary Responsibility eSource includes discussion of the DOL’s new conflicted advice rule, best interest contract exemption and other new and amended prohibited transaction exemptions.

Topping the list is the tax-favored status of employer-provided retirement savings for workers.

Based on the Society of Actuaries' preliminary estimates, the new scale may reduce pension plan clients' current liabilities by 1.5% to 2%, depending on the individual characteristics of...

A new software solution from RiXtrema addresses DOL fiduciary rule compliance for advisers finding themselves on a new regulatory playing field when it comes to rollover recommendations. 

Prudential Reduces Fees on Mutual Funds; Beaumont Capital Management Releases Smart Beta Series; Ivy Launches NextShares Exchange-Traded Managed Funds; and more

The updated page also includes a link to scheduled increases for years after 2017.

New software from fi360 provides broker/dealers and advisers with advanced fiduciary oversight capabilities. 

“On April 10 the focus will expand to cover IRAs and the burden will be on the advisers to prove the reasonableness of their fees,” notes Fred Reish...

Usage of managed account products in the qualified default investment alternative slot remains fairly muted, but some providers say new strategies and technology will be a big boost.

The owner of Sentry Equipment Erectors, Inc. sold his shares to the plan at $406 per share, much greater than prices at which participants had previously sold their...

These are a type of DB plan where the accrued benefit is tied to market performance.

The firm says its latest assessment tool is part of a larger readiness campaign to prepare advisers for a new fiduciary paradigm. 

Common “auto” plan design terms often mean different things to different clients—even within the same company or plan committee. 

The firms have partnered to deliver a new retirement readiness service. 

Voya Financial, Inc. launched its Voya Behavioral Finance Institute for Innovation, which is focused on gaining deeper insights into the behaviors and decisions of Americans regarding their financial...

Among mutual fund–owning households, more households headed by Millennials than Baby Boomer households held their funds only through employer-sponsored retirement plans, the Investment Company Institute found.

A new study finds that just 11% of Millennial retirement plan participants feel comfortable managing their investments themselves—yet many in the generation hesitate to pursue advice.