News

A survey indicates the recently mandated retirement plan fee disclosure notices did little to increase participants’ knowledge.

The Worksite Financial Solutions platform from LPL Financial LLC provides tools for plan sponsors and advisers to help participants throughout financial life stages.  

Brian Flanagan was named regional director for the Midwest at the Newport Group.

A set of reforms should make the saving incentives offered to retirement plan sponsors and participants more effective at a lower cost, a report said.

Defined contribution (DC) plans could gain the investment efficiencies enjoyed by many defined benefit (DB) plans, a paper contends.

Lincoln Trust has introduced a low-cost retirement plan solution, Model(k), providing fiduciary risk management for broker/dealers serving the small and midsize 401(k) market.

 The Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) prepared general guidance to assist plan fiduciaries in selecting and monitoring target-date funds (TDFs).  

By and large, 401(k) plans have been a success. 

As government looks for budget solutions, defined contribution tax breaks fall in the crosshairs.

Putnam Investments is helping 401(k) participants gauge how much income they will need for health care costs in retirement.

In 2012, 72% of households owning mutual funds owned them through employer-sponsored retirement plans.

LPL Financial LLC announced the departure of Bill Dwyer, president of national sales, who has decided to pursue other personal and professional interests.

Dunham & Associates Investment Counsel Inc. (DAIC) launched the Dunham Alternative Strategy Fund (DNASX).

Penton’s Advisor Confidence Index (ACI), which measures advisers’ views on the economy and the stock market, rose by 8.4% in February.

Vanguard is expanding its family of low-cost bond offerings.

Retirement plan sponsors should beware of potential fiduciary pitfalls when combining the summary plan description (SPD) and prospectus.

Sean Kurian has been hired as executive director and Lead LDI [liability-driven investing] Structuring Specialist for J.P. Morgan Asset Management.

New York Life announced that Don Desiderato has joined the firm as senior managing director and chief technology officer in the Investments Group.

The Newport Group appointed Kevin Bachler vice president in the deferred compensation and executive benefits area.

The most researched investments in 2012 on Morningstar platforms showed growing interest in U.S. equities.