Search results for: SCO
Government Plan Sponsors Seek Employee Communication from Providers
A Lincoln Financial Group study found government employers want to see better technology, advanced plan designs and personalized service from providers.
Spouses Play Increasingly Influential Role Alongside Advisers
Advisers focused on client retention take heed—spouses are increasingly influencing retirement income planning decisions, says Hearts & Wallets research.
More Than One-Third of U.S. Households Own IRAs
Over three-quarters purchased their IRA through an investment professional.
Sixty Percent of Plans Automatically Enroll Participants
While 66% of larger plans use automatic enrollment, only 51% of smaller plans do.
Retirement Industry People Moves
T. Rowe Price Names Senior DC Specialist; Vanguard Rotates Portfolio Managers; American Century Preps for Major ETF Business Launch; and more.
Fiduciary Primer Quiz Reveals Knowledge, Process Shortcomings
Pavilion developed the quiz to gauge the knowledge of investment committee members and other professionals serving in fiduciary roles on ethics, conflict standards and fees.
Retirees Still Have 80% of Savings After Nearly Two Decades
More than one-third of retirees continue to grow their assets, BlackRock found.
UPMC Wins in Top-Hat Anti-Cutback Lawsuit Appeal
Siding with the district court, the 3rd Circuit ruled simply that “plan participant bargaining power … is not a substantive element of a top-hat plan.”
Retirement Plan Participants Need More Familiarity With Investment Fees
Even among participants who said they were very familiar with their plan's fees, 33% hadn’t read any fee disclosures in the past year, according to research from The...
Americans View Debt in Retirement as a Negative
However, debt held by those between the ages of 65 and 80 increased 40% between 2003 and 2015.
Court Says Change to More Volatile Crediting Rate Not Against Top Hat Plan Terms
The plaintiffs challenge three features of the 2012 amendment: the change to the crediting rate; the introduction of potential for risk and volatility into the plan; and variations...
Franklin Templeton Targeted in Self-Dealing Fiduciary Breach Lawsuit
The self-dealing lawsuit filed against Franklin Templeton levels similar claims to other class-action challenges filed by employees of well-known financial services providers.
Retirement Industry People Moves
Segal Hires Former Consultant on Employee Benefit and Health Care Strategies; Janney Montgomery Scott Adds New Workers to Equity Research Group; Recordkeeping and Consulting Firm Joins ABG
Consolidation Concierges: A New Advisory Position?
Among retirees that have been out of the workforce between one and 10 years, only 11% to 18% have consolidated their investment accounts, according to a new report.
Church Pension Group Argues DB Bests DC
The group also says the primary motivation of most corporations in eliminating defined benefit plans has been to improve both the level and predictability of their quarterly earnings;...
Court Rules ERISA Statute of Limitations Can Be Waived
Defendants wanted their agreement to extend negotiations beyond ERISA's six-year statute of limitations to be nulled.
Each Generation Has Biased Investing Views
New research from BMO Wealth Management underscores the role psychological biases can play in shaping people's approaches to financial planning throughout their lives.
Retirement Industry People Moves
Regional Director for Qualified Retirement Plan Sales Joins Pentegra; ABG to Partner with Stadion for Managed Account Retirement Strategy; Provident to Move Into Ascensus’ Retirement Division
GOP Tax Reform Package Includes Some Important Retirement Adjustments
Industry observers are pleased to see the overall deferral limits for 401(k) plans left unaffected, but there are still some important changes included in the bill concerning the...
Investment Products and Services Launches
Franklin Templeton Presents Upcoming Passive ETFs; CLS Partners With Five Providers to Launch ETF Models; PFM Acquires FCM Assets to Include Stable Value Investments Offering.