Closer Look at State-Run Retirement Systems for Private Sector |
Four states—California, Illinois, Oregon and Washington—have passed laws paving the way to offer state-run retirement plans, and 18 additional states are considering such a measure. And on Monday, the Department of Labor issued its much-anticipated guidance on state-run plans.
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Is PBGC Driving Sponsors to DB Plan Exit? |
One career actuary tells PLANADVISER unrelenting increases in PGGC premiums belie a lack of forward-thinking policy and are more likely to harm than help overall U.S. retirement readiness.
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Choosing Industry Favorites |
When asked to list the top five fund family recommendations they offer plan sponsors, advisers once again chose Vanguard as their preferred fund family, with 87% listing the firm in their top five—a big increase from last year’s 57%.
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American Confidence Takes a Dip This Year |
For the second year in a row, Americans feel less confident about their financial situation, according to “Investor Mindset: Attitudes, Concerns, Beliefs & Goals,” a new survey from Hearts & Wallets.
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