Client pressure to cut costs is leading advisers working with defined contribution (DC) retirement plans to significantly change fund lineup recommendations in favor of passive investment options.
Amid feelings of guilt over not investing enough (a mere 23% feel “proud” of how they handled their money this year), Americans know they need to do more...
The launch of the “Empower” brand by Great-West Financial will be closely watched by the retirement services industry. PLANADVISER spoke with industry professionals who had a chance to...
A new TIAA-CREF survey shows that 63% of women who have received professional financial advice say they feel confident about their personal retirement readiness.
With the final approval of its first new mortality tables since 2000, the Society of Actuaries (SOA) has officially revised its benchmark for calculating the financial liabilities of...
Hartford Funds appointed Bill Dougherty as channel leader for its defined contribution investment only (DCIO) business, while introducing retirement-specific share classes for 12 mutual funds.
A $500 increase in the annual elective deferral maximum for defined contribution retirement plans may seem small, but one expert sees important implications in the increase.
The Government Accountability Office (GAO) has released updated statistical data on the use of individual retirement accounts (IRAs) among the U.S. work force.
In his new role at Mesirow Financial, Matt Ferullo will be responsible for collaborating with partners on strategic initiatives, business development, sales and marketing.
HighTower, the Baltimore-based financial services firm delivering differentiated solutions to corporate plan sponsors, announced the addition of Charlie Vieth and Steve Zients to its team.
LPL Financial unveiled a new Worksite Financial Solutions mobile application (app) that extends retirement plan participant and sponsor services provided through the firm’s desktop platform.
Investment Manager MacKay Shields LLC is expanding into the U.S. retirement market by delivering new investment opportunities for qualified defined contribution retirement plan sponsors.
Recent guidance from the Internal Revenue Service and the Department of the Treasury on in-plan annuity use has received a warm response from some in the retirement plan...