| Boomers in Poor Shape for Retirement |
| Annual expenditures for today’s 65-year-old retiree exceed $50,000, yet Social Security generates only $16,000 a year on average. Can DC plans make up that gap?
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| Participants Stay the Course in September Trading Trends |
| Defined contribution participants transferred money from equities to fixed income amid a rough September on Wall Street, according to the Aon Hewitt 401(k) Index. Fixed-income funds were the only asset class with positive net inflows for the month.
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| Not-for-Profit Retirement Plans Are Delivering Results |
| Not-for-profit sector retirement plan participants are estimated to replace an average of more than 90% of their pre-retirement income in retirement, according to research from TIAA-CREF’s new Retirement Income Index.
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| SEC ReTIRE and DOL Fiduciary Rulemaking |
| The announcement of the ReTIRE Initiative fails to mention the DOL’s proposed rulemaking. Rather, it is presented as a warning about future OCIE activity and an opportunity for firms to review their compliance procedures related to retail retirement accounts in anticipation of an examination by the staff.
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