Healthy Momentum Measured for CITs
An analysis finds collective investment trusts (CITs) are gaining momentum for their potential to lower costs and reduce portfolio volatility, but obstacles remain with transparency and accessibly.
News
Half of Managed Account Users Do Not Provide Requisite Information
Retirement plan sponsors and advisers need to ensure managed accounts are properly used by participants.
SEC Adopts Final Liquidity Rules
Retirement plan sponsors clients may see some effects from the new rules.
For Advisers, Psychology Matters As Much as Economics
Investment decisions can be greatly influenced by childhood experiences, especially those associated with a perceived sense of loss.
Plan Sponsor Consultants Adopts eRFP Solution
The Web-based platform by InHub will allow PSC clients to digitize the RFP process in addition to accessing other online features.
Investment Products and Services Launches
Mercer Brings Analytics Service to FactSet Clients; MPI Releases Target-Date Radar; Fidelity ETFs See Another Price Reduction; and more
Participants Move Quickly With Wells Fargo Stock Drop Suit
The bank’s recent troubles over illegal sales practices have led retirement plan participants to file an ERISA stock drop suit, claiming plan fiduciaries continued to offer Wells stock...
There’s More to Retirement Than Savings
Being emotionally prepared for the transition is as important as sound financial planning, TIAA says.
Social Media Has Become Critical for Advisers’ Marketing Efforts
Today, advisers are spending equal amounts of time on social media and networking.
Many Millennials Still Turn to Parents for Some Financial Assistance
Twenty-one percent are still living with their parents.
DCIO Market Grows to $3.5 Trillion
DCIO assets now account for almost half of the DC market, according to the latest in-depth study by Sway Research.
Court Dismisses Several Executives from SunTrust ERISA Litigation
The court found one executive in particular was not a fiduciary to SunTrust's DC plan.
Adviser Can Play Quarterback Role During Risk Transfers
There is a natural tension that can arise between plan sponsors and participants during the pension risk transfer process—but skilled advisers can help keep everyone happy.
Title of ‘Investment Adviser’ Hardly Represents the Job
Digging into investment prospectuses and market data is only a part of what financial advisers do for retirement plan clients; perhaps it’s time to rethink what they call...
Too Little Risk Is a Dangerous Move for Retirement Savers
You can’t really call it a “safe” investment portfolio if it fails to generate enough return to reach an adequate savings level prior to retirement.
John Hancock Expands Open Architecture Platform for TPAs
John Hancock Retirement Plan Services aims to help plan consultants expand their business by shifting focus to TPAs.
Nearly Three-Quarters of Retirees Experience a Financial Shock
For one in three retirees, it depletes their savings by 25%.
Invessense Partners with MX for Account Aggregation
The partnership will help advisers better analyze their clients’ financial situations while offering guidance around 401(k) plans, retirement accounts and other funds earmarked for retirement.
Mixed Ruling in Wawa Stock-Drop Complaint Partial Dismissal
The judge noted that the “right to a particular form of investment (e.g., investment in employer stock or securities)” is not a protected benefit under the IRC anti-cutback...
Sanofi Defeats ERISA Stock-Drop Challenge
A federal judge ruled the lead plaintiff does not have standing to bring his claim because he never purchased or sold ADRs of Sanofi during the alleged period...