Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
February 17th, 2017
Texas Court Adds to Fiduciary Rule Debate Among Retirement Providers
A Texas district court judge has rejected industry arguments that the DOL exceeded its authority in crafting the forthcoming fiduciary rule—what this spells for the regulation’s future under the Trump administration is unclear. Read more >
Lawmakers Move to Block Final Rule on State-Run Retirement Plans
Their concerns are that small businesses will be discouraged from offering retirement plans to employees, and that employees put into state-run plans will not have the protections of ERISA and will have limited control over their retirement savings. Read more >
Divorced Couples Approaching Retirement Face Financial Risks
Americans over the age of 50 are twice as likely to get divorced as they were in 1990, which is why the American Institute of Certified Public Accountants conducted a survey of its members to ask how their divorced clients handle their finances. Read more >
Investment Products and Service Launches
Allianz Life Launches New Fee-Based Index Annuity and Waddell & Reed Files for New Index Funds. Read more >
DOL Finalizes Rule Opening Door to ESG Investing in Retirement Plans
Plan Advisers Value Trustworthiness, “Personal” Touch from DC Recordkeepers
Advisers Get Long-Awaited Clarity on ESG in Retirement Plans
Financial Firms Looking to HBCUs, “Pipeline” Programs to Bolster Diversity
AARP Finds Major Gap Between Retirement Goals and Preparedness
Sponsored message from Oppenheimer Funds
Looking Under the Hood Evaluating Target Date Funds
Plan sponsors are charged with an ongoing fiduciary responsibility to evaluate and select investment options that are appropriate for their retirement plan participants. Read more >
Couples More in Agreement About Daily Spending Than Retirement Saving
Couples need to set financial priorities, and access to advisers can help, says David Ray with TIAA. Read more >
Role of Immediate Annuities for Retirees Varies
Demand for immediate annuities is highest at the top and bottom of the income spectrum, while remaining fairly anemic in the middle-income groups. EBRI researchers posit a few potential explanations for the phenomenon. Read more >
Millennials Overconfident in Their Financial Knowledge
“Millennials are known for having unrelenting belief in their own abilities,” says Ted Beck, president and chief executive officer of NEFE. “This generation is diverse and highly educated. However, their overconfidence puts them in an extremely fragile position, and, sadly, they don’t realize it.” Read more >
Investors Need to Save Much More to Reach Retirement Goals
With expected lower returns and increasing longevity, research suggests adviser need to adjust their assumptions or planning software to present participants with more realistic goals. Read more >
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2022 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850