Calculator Shows True Cost of 401(k)
Lincoln Trust Company introduced an online tool that helps 401(k) plan participants determine the true cost of their retirement plan.
News
Genworth Puts a Spin on Interest Crediting
For consumers anxious about a low interest rate environment, Genworth rolled out CapMax, available only on Genworth’s SecureLiving Index Annuities.
Caution is Watchword for Older Savers’ Strategies
Most Americans (88%) ages 55 and older are growing more cautious regarding their long-term retirement strategy.
DC Accounts Recovered from Recession
The 2008 stock market crash wiped out trillions of dollars in defined contribution (DC) retirement accounts.
One-Third Not Saving for Retirement
While a majority of Americans plan to retire by age 65, 36% are not actively contributing to a retirement plan.
Breckinridge Introduces Bond Rating Method
Breckinridge Capital Advisors developed a proprietary in-house Sustainability Modeling Framework that rates corporate and municipal bonds.
Site Helps Investors Improve Planning
Invesco Distributors Inc. unveiled a website that gives advisers a simple step-by-step approach to address the growing complexities of retirement planning with their clients.
Tax Incentives Show Little Effect on Saving
A study suggests factors other than tax subsidies for employer-sponsored retirement plans have a greater effect on increasing savings.
Jefferson Adds Alternative Investment Options
The Country Rotation Portfolio and Sector Rotation Portfolio from Innealta Capital have been added to Jefferson National’s offerings.
Transparency of Liabilities a Growing Trend
The trend toward more transparency of plan assets and liabilities seems to be gathering momentum.
Lincoln Expands Plan Sponsor Experience Team
Lincoln Financial Group Retirement Plan Services expanded its Plan Sponsor Experience Team.
Newport Takes Website Mobile
The Newport Group released a mobile version of its plan participant website, plandestination.com.
IRA Assets Hit $5 Trillion in 1Q
Individual retirement account (IRA) assets reached $5 trillion in the first quarter of 2012, according to research from Cerulli Associates.
Council Urges Legislative Action to Save DBs
The American Benefits Council has unveiled a six-point plan to address the ongoing, accelerated decline in defined benefit pension plans.
Who Is Most Retirement Ready?
An EBRI report uncovers what age groups are most likely to miss their retirement savings goal and by how much.
Lack of Retirement Goal Stresses Women Most
Most women lack a specific retirement savings goal, which may link to higher levels of financial stress.
Neuberger Berman Names Senior Vice President
Brian Layton has been appointed senior vice president and head of Neuberger Berman’s Boston-based wealth management group.
Firms Introduce Stable Value Collective Trust
New York Life Investments and Reliance Trust Company have introduced a stable value fund.
Snowden Adds Two Adviser Teams
The DiCiaccio and LaMothe-Gonzalez Groups have joined Snowden Capital Advisors LLC.
How Do Plan Sponsors Choose an Adviser?
Franklin Templeton investigated defined contribution plan sponsors’ process for selecting plan advisers.