September 29th, 2017

General Electric 401(k) Fiduciaries Accused of Self-Dealing Participants in GE’s 401(k) plan allege the company retained proprietary investments in the plan, even when they were imprudent, in order to earn revenue.   Read more > CITs in DC Plans Quickly Becoming the Norm Many asset managers describe 2017 as a “tipping point” for collective investment trust flows from DC plans, according to a new analysis from Cerulli Associates. Read more > Data from Cerulli Shows Boutique Consultants Focused on Mid-Market “The midsized plan asset segment is representative of the DC market segment in which the boutique DC consultant is most prevalent and growing its market share,” Cerulli reports. Read more > More Education Needed About Paying for Long-Term Care in Retirement A poll found most Americans think Medicare or health insurance will cover the costs. Read more > MOST READ ARTICLES 1 Old Dogs, New Tricks: Training for Veteran Advisers Pays Off 2 Op-Ed: Financial and 401(k) Trends to Consider 3 DOL, IRS and PBGC Call for Comments on Form 5500 Revisions 4 Protecting Elderly Clients From Financial Abuse 5 Most Claims Move Forward in Suit Over Aon CITs in 401(k) Plan

Sponsored message from PIMCO Selecting the Right TDF is Only Part of the Fiduciary Responsibility Monitoring it is more difficult, but necessary. Read more > Small Percentage of DB Plan Obligations Have Been Settled However, Rick Jones, with Aon, says, “Pension risk transfer is a trillion dollar market, and much more will be settled in coming year.” Read more > Investor Optimism Surges, Must Be Proactive Managed Investors are not good at predicting market corrections big or small—but that doesn’t mean they can’t take concerted action to prepare for tougher times. Read more >

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