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However, more education about how they work is needed.

Plan officials are accused of steering participants into investments that charged improper amounts of revenue-sharing and other fees that benefitted the mutual fund partners of Edward Jones. 

It also provided guidance about how to convert a traditional pension to a cash balance plan.

Starting with the Pension Protection Act, the U.S. Congress has tweaked and amended pension funding rules a handful of times in recent years, but has it worked?

Alongside the use of automatic enrollment, the biggest development in QDIAs in the past 10 years has been the replacement of stable value or money market funds as...

While industry practitioners often have deeply held convictions about how to improve the U.S. retirement system, there are already many things plan advisers can do under current legislation...

Advisers are working with more plans today than they ever have—completing more services for more diverse types of clients than was the case prior to the full implementation...

Key aspects of the ERISA-based complaint are back under consideration in light of the Supreme Court's 2014 decision in Fifth-Third Bancorp vs. Dudenhoeffer.

As the DOL’s new fiduciary rule approaches implementation, Morningstar is set to launch a 401(k) platform to help advisers minimize liability.

A complaint filed in a Pennsylvania district court by the DOL’s Employee Benefits Security Administration alleges a list of ERISA infractions related to fees, documents, disclosures and processes...

The lawsuit also says there were investment options other than proprietary options that underperformed and charged excessive fees.

As with the previous lawsuits, the complaints call out the large number of investment options offered to participants, high expenses for these investment options and the use of...

Pension Resource Institute Hires Retirement Industry Veteran; John Hancock Retirement Names Chicago Regional Manager; Pinkerton Retirement Specialists Joins Triad Advisors; and more.

It may not be emotionally easy to do, but clients can notably improve their retirement outlook if they reconsider financial support given to their self-sufficient adult children.

TIAA Announces Super Regional Mall Fund; Northern Trust Launches Exclusive Partnership with Software Firm; and Wilshire Launches Crisis Index.

A strategic partnership between Efficient Advisors and Gladstone Analytics will help financial planning businesses asses their client base and plan for their own future.  

These are becoming their preferred methods of reviewing their retirement plans and communicating with advisers.

More 403(b) plan sponsors are also automatically enrolling participants.

Embracing a greater role in managing household finances and generating family income, Cerulli Associates research suggests women working in the U.S. are eager for financial advice. 

Attorneys point out that 403(b) plans have distinctions from 401(k) plans that cause them to have a different model.