Search results for: SCO
DOL Hosting Fiduciary Responsibilities Seminars in July and August
The agency has announced three locations at which it will host its seminar.
Men Feel More Educated About How to Plan for a Secure Retirement
Men also think about retirement more often than women, and talk about it more frequently with work colleagues, a study finds.
Regulators Propose Form 5500 Annual Report Modernization
The IRS, EBSA and the PBGC want to simplify and improve the process of creating and submitting the Form 5500 for employers.
Relatively Few Americans Enter Retirement Debt Free
Among middle-income Boomers, that surges to 77%.
Most Americans Haven't Done Much Retirement Planning
While most current retirees are managing finances well due to multiple sources of income, those not yet retired are worried about running out of money in retirement, FINRA...
Technical Updates to Fiduciary Rule ‘BIC’ Published by DOL
The DOL published a pretty substantial list of technical corrections to the Best-Interest Contract Exemption—including mostly minor clarifications but also a few potentially substantial adjustments.
Investment Product and Service Roundup
John Hancock Investments enacts expense reductions in TDF suite; Defined Contribution Real Estate Council publishes investing checklist for plans; Morningstar introduces new global risk model; Global Retirement Partners teams...
Lawsuit Accuses American Century of Self-Dealing in 401(k)
The complaint says the retention of American Century's proprietary mutual funds in its own 401(k) has cost plan participants millions of dollars in excess fees.
Retirement Industry People Moves
Firms Combine to Create Pavilion Alternatives Group; Nationwide Names Head of Investment Strategies and CIO; Northern Trust Names Global Head of Consultant Relations; and more.
Pre-Retirees More Concerned Than Retirees About Long-Term Care
They are also more anxious about inflation.
Mandatory RIA Succession Planning in the Works at SEC
The Securities and Exchange Commission is proposing a new rule and rule amendments under the Investment Advisers Act of 1940 aimed at bolstering advisory industry succession planning.
Study Finds Listed equity REITs Top Performers in Pension Plans
If the pension plans included in the study, sponsored by NAREIT, had reversed their REIT and hedge fund allocations over the 1998 through 2014 period, at the end...
Retirement Income Calculators Differ Widely
An analysis of 12 calculators resulted in a 60% spread in resulting monthly income.
Federal Thrift Savings Plan Offers Important DC Education Lessons
A new analysis uses data on all active employees of the Federal Reserve System to examine contribution behavior in the Thrift Saving Plans—granting insight into the behavior of...
Mercer Launches Financial Wellness Program
The solution integrates offerings from five independent financial wellness providers.
Empower Suggests Retirement Industry Should Band Together on Policy Issues
Empower will work in conjunction with SPARK to develop an industry-wide forum in which members could build a set of agreed-upon priorities.
Women in Worse Shape Than Men on Retirement Savings
But the outlook for both sexes isn’t good.
‘Human-Centric Insights’ at Heart of New Hartford Funds Program
Hartford Funds today launched a new educational program that provides advisers with insights on how to strengthen client relationships.
PSNC 2016: Understanding Stable Value
The use of stable value funds within defined contribution plans has evolved substantially in recent years and decades, with more changes right around the corner.