Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 31st, 2015
Lawmakers Press Perez to Redraft DOL Fiduciary Proposal
A bipartisan group of U.S. Representatives issued a letter to Labor Secretary Thomas Perez suggesting the department re-propose its recent fiduciary rule proposal to protect Americans who are saving for retirement. Read more >
Retirement Problem Spans Coast to Coast
Find out how your home state performs in a new set of national retirement readiness rankings. States struggle most on worker retirement readiness when a poor labor market for older workers is combined with high costs for health care and housing. Read more >
Success Stories from the PLANADVISER Readership
The winners and finalists in the 2015 PLANSPONSOR Plan Sponsor of the Year award program—representing many types of plans and sizes—were generally selected for their innovative plan design and impressive plan metrics, and many of those achievements were made possible by the support and advice of a retirement plan adviser. Read some of the success stories here. Read more >
Total 401(k) Contributions Reach Record Levels
For the trailing 12 months ending in the second quarter, total average contributions to 401(k) plan participant accounts reached $10,180—up from $9,840 at the end of the first quarter, according to Fidelity Investments. This is the first time that trailing one-year contributions surpassed $10,000. Read more >
Plaintiffs Firms Must Pay $1.5 Million for ‘Reckless’ Litigation
More TDF Underperformance ERISA Lawsuits Filed
Dover Corporation Faces ERISA Suit Over Managed Account Fees
L Brands Settles ERISA Suit After Dismissal Motions Fail
Workers Remain Worried About Inflation’s Impact on Retirement
John Hancock Offers HelloWallet Financial Wellness Program
John Hancock Retirement Plan Services will begin offering Morningstar’s HelloWallet financial wellness program on its Total Retirement Solutions platform in the fourth quarter. Read more >
Adviser Talking Points
Tired of giving the same old presentations to clients and prospects? Use these nuggets of information to spruce them up. Read more >
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