Duty to Monitor Fiduciaries Does Not Include Duty to Inform
BP has won dismissal of several claims that it failed to monitor fiduciaries who oversaw company stock investments in its retirement plans.
News
Transamerica Unveils 401(k) Plan for Smaller Employers
Transamerica Retirement Solutions has launched a new 401(k) retirement plan that “offers large-plan features to smaller businesses and their employees.”
Robo Advice A Rising Tide?
Industry researchers now commonly argue digital portfolio management tools and robo-adviser platforms are driving greater opportunity for traditional advice firms.
Retired Americans Need More Savings
Just 20% of those who have retired say they’ve saved enough.
Retirement Industry People Moves
New hires at JULY, LGIMA and RAM, new research resource at Morgan Stanley, and Mercer launches DC and Financial Wellness unit.
Advice Can Make a Difference in Rocky Market
Did advice help participants avoid panic selling in August?
Financial Engines to Acquire Brick-and-Mortar Advisory
Not convinced that robo-advisers are shaking up the defined contribution retirement plan advisory space? This week’s news that digital-advice darling Financial Engines will acquire a firmly established traditional...
Does the Intel Retirement Plans Case Have Merit?
PLANADVISER reached out to Marcia Wagner, principle with Wagner Law Group in Boston, for comments about the case.
Investment Product and Service Launches for the Week
Dimensional Fund Advisors launches TDF solution; Morningstar acquires Total Rebalance Expert; Morgan Stanley adds CreditSights to online adviser portal; and AB reveals holistic annuity fiduciary service.
Bill Calls for More Hedge Fund Transparency
A New York Congresswoman's bill would require more disclosure about hedge fund holdings.
Settlement Terms and Price Tag Revealed in Boeing Fee Case
The retirement planning industry already knew Boeing would settle the nearly decade-old 401(k) litigation, but a trove of new details emerged this week as both parties agreed to...
Employees Increasingly Worried About Health Care in Retirement
Health care expenses in retirement was the fastest-growing savings objective in a regular survey of employees.
Smartphone Ownership Up, Other Devices Left in the Dust
Who needs an MP3 player or a game console when they’ve got a smartphone?
Genworth Unveils Long-Term Care Adviser Resource
Long-term care insurance provider Genworth has launched a new online resource to help financial professionals educate and guide clients in this challenging area.
myRA Ready for Use Nationwide
Employees can set up payroll deductions to fund their “my Retirement Account.”
Cerulli Forecasts $7.8T Robo Market
The rapidly expanding retail channel also means rapid growth in robo-advice providers.
Retirement Investors Need to Understand Role of Risk
“Understanding how risk factors into your plan can help build financial confidence,” says Marcy Keckler, with Ameriprise Financial.
Using ACA as Bridge to Retirement Health Coverage
Experts suggest the Affordable Care Act offers options for those seeking early retirement but needing, for obvious reasons, to maintain affordable medical coverage traditionally only found in the...
Study Gauges Worker Reaction to State-Run Retirement Plan
The majority of workers surveyed say such a program would be good for them, but a significant number still would not save or save enough.
Are Advisers Ready for the Next Round of Risk Exams?
A white paper outlines some of the critical cybersecurity points to prepare for the SEC’s Risk Alert.