Search results for: SCO
Middle-Income Boomers Still Struggling After Financial Crisis
Only 37% think they will have a satisfying retirement.
DB Plan Sponsors Using Different Strategies for Cost, Funding Measures
PwC finds some DB plan sponsors are using multiple discount rates, and some have moved to mark-to-market accounting.
American Century Ordered to Produce Fund Reports for Self-Dealing Suit
A federal court judge found American Century defendants have not shown producing the profitability, expense and performance reports would be unduly burdensome or disproportional to the needs of...
Retirement Industry People Moves
Empower Appoints Core Market Leader; DWC Rebrands; Lockton Expands West Coast Retirement Practice; and more.
LGBTQ Americans Need Help With Retirement Savings and Finances
More than half (53%) said they are unsure where to go for financial advice, a MassMutual survey finds.
Benchmarking Managed Accounts Against Participant Goals
Some industry experts believe managed account performance should not be benchmarked against an index but instead against an investor’s unique individual goals.
DC Plan TDF Use Is Changing
More DC plan sponsors are selecting non-proprietary TDFs and CIT TDFs, research finds.
Investment Products and Service Launches
Aria’s RetireOne Platform Offering Variable Annuity; Vanguard Launches Global Balanced Funds; Pensionmark Rolls Out New Investment Reporting Tools; and more.
Adviser Marketing and Service Evolve With Plan Sponsor Demands
Elite retirement plan advisers are using new and proven tactics to meet the growing demands of plan sponsors in an evolving industry.
DC Plan Sponsors Express Desire to Move to State-Run Plans
Plan sponsors' fear of plan lawsuits is highly correlated to willingness to discontinue a DC plan in favor of a state solution, LIMRA finds.
Bank of America Merrill Lynch Finds Participants More Engaged in Plans
Robust plan design, education and the use of digital tools can increase employee engagement with their retirement plans, the firm's Plan Wellness Scorecard shows.
Never Being Able to Retire is Americans’ Biggest Financial Fear
That is followed by living paycheck to paycheck and never being able to climb out of debt.
Fund Performance Not Impacted by Management Change
Despite outflows following high-profile management changes, Morningstar finds that such a flux has no impact on fund performance.
Aon Pulls Company Stock From 401(k) Plan
On December 1, 2017, the Aon Stock Fund will be liquidated and removed from the plan.
Women’s Retirement Income Literacy Is Lower Than Men’s
Only 18% of women passed a retirement income literacy quiz, compared to 35% of men.
A Closer Look at How Americans Define Wealth
Some define it in monetary terms, and others as a state of well-being.
Retirement Industry People Moves
Nationwide Expands Asset Strategies Team; Northern Trust Collaborates with GuideStone Funds; Mercer Names Head of Mercer Digital; and more.
Sears Faces ERISA Suit Over Holding Company Stock in Retirement Plan
The complaint offers alternative actions Sears could have taken once it realized its stock was an imprudent retirement plan investment.
Investment Products and Service Launches
Wilshire Launches VETS Index; Betterment Sprouts SRI Option for Participants; LPL Opens Mutual-Fund Only Platform; and more.
DOL Secretary Urged to Review Auto-Portability
Lawmakers requested that the DOL issue an advisory opinion or other appropriate guidance regarding application of ERISA to auto-portability of retirement savings.