News

The agency says $108,000 in fringe benefit contributions were not forwarded to the Brunk Industries Contractors and Employees 401(k) Plan.

Lack of awareness, pressure by vendors that want to maintain the status quo and limited provider choice are hindering K-12 403(b) plan sponsors from consolidating vendors and improving...

With Tuesday’s deadline to submit comment letters about the fiduciary proposal, announcements came from many organizations.

The firm wants to make it easier for participants to interact with their retirement plan websites.

Going forward, individually designed retirement plans may only receive a determination letter for initial plan qualification and for qualification upon plan termination.

LPL has established a relationship with Ramsey Solutions to offer SmartDollar to LPL retirement plan advisers and plan sponsors.

PBI Bank will no longer serve as a trustee or service provider for any plan covered by ERISA, with a few exceptions.

However, only 26% of Americans surveyed report they work with an adviser.

Sixty-eight percent say helping employees accumulate income for retirement is the primary goal of their plan.

International equity offerings attracted nearly $25 million for the month.

More than a third say their adviser’s recommendations have boosted their investments substantially.

Schwab’s 2015 RIA Benchmarking Survey finds 42% of RIAs have doubled their revenues since 2009.

In the wake of David Tyrie’s move to a different unit, Bank of America has announced a number of staff changes.

Fixed indexed annuity sales increased 24% in 2014 to $48 billion.

Eight comment letters to the DOL address SIFMA’s concerns about the fiduciary redefinition, including what it sees as an unfair position on commission-based accounts.

Saving a median of 24% of their paycheck, they have a bright financial future.

Seventy percent of DB plan sponsors are contributing more to their plans than the minimum required amount.

The ERS Fund Strategist Network from Envestnet gives retirement plan advisers scalable access to intellectual capital from more than 60 institutional managers.

The market for investment services devised to meet specific institutional client objectives will grow by more than $1 trillion over the next five years, predicts global analytics firm...

Researchers suggest taking employers out of the process of offering employees DC retirement plans.