There May Be a Place for Alternatives in DC Plans
A typical 60/40 equities/fixed income portfolio may no longer fit the bill, OppenheimerFunds says.
News
DOL Reiterates Its Stance on ‘Top Hat’ Plans
The Department of Labor has filed an amicus brief weighing in on a court case regarding a plan’s ‘top hat’ status.
FINRA Forces Broker/Dealers to Pay $30M in Restitution
Wells Fargo, Raymond James and LPL have been ordered to pay more than $30 million in restitution, including interest, to customers for failing to waive mutual fund sales...
Few Investors Grasp Long-Term Potential of HSAs
Given the tremendous health care costs people will face in retirement, HSAs can be a significant tool.
Help From Family Part of Financial Planning
The majority of Americans think adult children should aid their aging parents financially, a survey finds.
Benefits Tool Can Forecast Medicare Expenses
Cowden Associates has introduced Retirement ComprehensiveCast.
When Onboarding New Participants, Keep It Simple
New ways to get younger employees engaged with the retirement plan—and keep them there.
Older Individuals Face Job-Search Challenges
Job-seekers nearing retirement age face employment barriers.
Advisory Committee Suggests Additional Guidance for 403(b)s
Seven years after IRS regulations were implemented, 403(b) plans still have trouble with compliance.
American Retirees Might Be Under-Annuitized
Logic would dictate that retirees would shift their retirement savings to annuity products, but this has yet to happen, a research paper says.
Cities with the Most Hours in a Work Week
Who puts in the longest hours? Who has the longest commute? New York City Comptroller Scott Stringer says in a survey that it’s New York.
Adviser Loyalty Falls in J.D. Power Survey
The J.D. Power 2015 U.S. Financial Advisor Satisfaction Study notes a drop in loyalty among financial advisers toward their investment firm employers and partners.
BPAS Expands Plan Administration Business
Benefit Plans Administrative Services (BPAS) has acquired the defined contribution plan administration practice of Lifetime Benefit Solutions (LBS).
Insurance Can Play a Part in Retirement Income Planning
“Insurance is where you can really provide a lot more benefit to employees,” says Stephen Locko with ISN Network.
HSAs a Growing Retirement Savings Opportunity
Workers are still mainly unaware of the long-term tax-free growth health savings accounts (HSAs) can generate.
Tips for Surviving an IRS Plan Audit
An HR director from Vanderbilt University shared tips from her IRS 403(b) plan audit experience with attendees of the NTSA 403(b) Summit.
Plan Adviser Satisfaction Does Not Equal Loyalty
A survey finds retirement plan sponsors are very satisfied with their plan advisers, but that doesn’t mean they aren’t open to switching to a different one.
Hartford Funds Launches ‘Summer School’ Video Series
The eight videos aim to teach advisers about client issues.
J.P. Morgan Has New Head of Defined Contribution
Don MacQuattie joins the firm from Capital Group.
Canadian Sun Life to Buy U.S. Prime Advisors
Sun Life Investment Management has agreed to purchase Prime Advisors.