Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 2nd, 2016
More Focus Should Be Given to Gen X DC Plan Participants
Gen Xers show the most concern about depleting retirement funds too early, and they are the least interested in being involved in their investments, a survey finds. Read more >
Bankrupt 401(k) Fiduciary Must Still Restore Losses to Plan
The DOL obtained a court order requiring the fiduciary of William Bowman and Associates Inc.401(k) plan to continue making installment payments for plan losses due to a fiduciary breach. Read more >
401(k) Plan Fiduciaries on the Hook for More Than $200K
A defunct company and its 401(k) plan trustee have been ordered to restore contributions that weren’t remitted to the plan as well as interest on contributions. Read more >
Investment Products and Service Launches
State Street Global Advisors Adds 88 Firms to Gender Diversity Index; Morningstar Credit Ratings Now Ranking Financial Institutions; and Morningstar Partners With Advicent to Upgrade Asset Allocation Classification. Read more >
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Sponsored message from T. Rowe Price
Preparing for the 2016 PLANADVISER National Conference? Visit the sponsored Retirement Resource Center. Read more >
RIAs Gaining Market Share While Wirehouses Shrink
Cerulli Associates also found that 67% of national sales managers rank increasing the technical skills of existing wholesalers as a major priority. Read more >
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