News

PMC Providing Long/Short Equity Strategies; Vanguard Establishes Total Corporate Bond ETF; and Swell Investing Launches Impact IRA.

Thirty-eight percent do not participate in a 401(k) plan, individual retirement account (IRA) or other type of retirement plan.

A researcher from Arizona State University describes some surprising research findings that show many long-term equity investments fail to outperform short-term Treasuries.

This was the sixth straight quarter fixed sales have outperformed variable annuity sales, which hasn’t happened in almost 25 years.

More than two in 10 403(b) plans now automatically enroll participants.

The firm is launching a new website and digital tools to help advisers market their practice to retirement plan sponsors.

One Fidelity benefits consulting executive describes the inflation in retiree health care expenses as insidious and unrelenting.

Among the eight states studied that offer employees such a choice, the take-up rate of DB plans was 80% or higher in six of those states.

The complaint suggests plan officials ceded discretion to a provider to add any mutual fund it wished, “regardless of whether the funds were duplicative of other options, had...

Morningstar reports that among active U.S. stock funds, the worst performers were small blend funds, of which only 32% beat their benchmarks in the past year.

Intermediary-sold fund distribution data from Strategic Insight shows taxable bond strategies led mutual fund demand during the second quarter of 2017. 

State securities regulators say most senior financial fraud goes undetected before it becomes a serious problem, according to a study by NASAA.

The amendment suggests language a defined benefit sponsor might want to use.

The lawsuit accuses a number of major banks of improper collusion to protect their shares of the securities lending marketplace. 

Cheiron Inc. says 114 plans covering 1.3 million workers are underfunded by $36.4 billion.