News

The 401(k) industry continues to undergo scrutiny and criticisms—many of which are unfounded.

Reducing volatility and expanding investment options for defined contribution (DC) plans could improve risk-adjusted returns, according to BNY Mellon.

Chinese Americans are great at saving, according to research from Wells Fargo, but fewer than half of survey respondents have a written financial plan.

Two thirds of Americans just don’t bother. Preparing a detailed written or computerized budget each month to track income and expenses, that is.

A big uptick in summer vacation travel is forecast by LowFares.com—but people are avoiding cruises after Carnival Cruise’s unfortunate events earlier this year.

Even for companies that had full transparency before fee disclosure regulations, 408(b)(2) and 404(a)(5) still prompted change in their businesses.

There’s no shortage of legislation and regulatory guidance to keep track of, according to panelists at the 2013 PLANSPONSOR National Conference.

Funding levels of pension plans sponsored by S&P 1500 companies continued a strong rebound in 2013, according to consulting firm Mercer.

A coalition of organizations urged Mary Jo White, chairman of the Securities and Exchange Commission (SEC), to establish a uniform fiduciary standard for broker/dealers and advisers.

As the retirement security of having a defined benefit (DB) plan has become a thing of the past, the role of the plan sponsor has also changed.

Pershing allowed a peek at mobile solution NetX360 iPad and iPhone apps at the INSITE conference in Hollywood, Florida.

John Mason, chief investment officer at OneAmerica Financial Partners Inc., was promoted to senior vice president.

Plan sponsors should consider using alternative investment structures for better risk balance and the reducing of volatility experienced by retirement plan participant, a paper said.

Long-term care needs and how they fit into financial and estate planning are examined in “The Advisor’s Guide to Long-Term Care.”

After a pessimistic April, advisers showed more inclination to think positively about the economy and markets, according to WealthManagement.com’s Advisor Confidence Index.

In a comment letter, the ERISA Industry Committee (ERIC) urged the Pension Benefit Guaranty Corporation (PBGC) to maintain existing regulations on reportable events requirements.

 Elyse Mittenthal and Claire Guido joined UBS’ corporate employee financial service division, and Matthew Strapko, Michaelangelo Dooley and Michael Hersh are new to its participant experience team.  

A more compelling user experience, rising use of smart devices, and access to information and market news are driving demand for financial services apps.

The funded status of U.S. corporate pension plans increased during May, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).

Ryan Sullivan has been made principal-in-charge of Rehmann Retirement Builders.