Search results for: SCO
Prudential Names New Pension Risk Transfer Head
Scott Kaplan has been named head of the pension risk transfer business team at Prudential Retirement, effective immediately.
Considering 'Plan Age' Can Bring Better LDI
Plan participant age metrics can be a critical factor in setting liability-driven investing strategies, according to Nuveen Asset Management.
Financial Wellness Programs Should Address Key Risks
Employer financial wellness programs may include education about budgeting and paying down debt, but they should also help employees protect themselves against some key financial risks.
Each Generation Has Financial Weaknesses to Address
Holistic financial education can help different generations in the workforce address their unique vulnerabilities that can derail plans for retirement.
Nonqualified Plan Beneficiary Not Determined by Qualified Plan
A decision from The 9th U.S. Circuit Court of Appeals confirms a lower court ruling that a retirement plan membership letter and beneficiary designation form for a nonqualified...
Largest Pensions Troubled By Longer Lifespans
The United States’ 19 largest pension funds hold roughly 40% of the nation’s pension obligations, according to Russell Investments, so it’s no big surprise they are struggling with...
NYC Aims for Private Sector Retirement Program in 2015
New York City has launched the New York City Retirement Security Study Group, a panel tasked with advancing private-sector retirement security solutions for city residents during 2015.
Calif. Firm Debuts Two Alts Funds
RS Investments has created two long/short alternative mutual funds: the RS Focused Opportunity Fund and the RS Focused Growth Opportunity Fund.
Advisers Gain Congressional Allies in Fiduciary Definition Debate
A number of elected officials have emerged on the side of financial advisers in opposing the Department of Labor’s fiduciary redefinition effort—introducing ambitious legislation to block changes to...
Lack of Notice Leads to Double Payment of Pension
An employer’s failure to notify employees that their pension assets were transferred to another plan resulted in a court ruling that it owed pension benefits to employees.
Definition of Participant Governs Nonqualified Plan Payments
A group of retirees should not have received a lump-sum payment from a nonqualified plan at a change in control because they were not “participants” as defined by...
Aon Hewitt Tool Evaluates Asset Managers
A new investment research tool from Aon Hewitt provides “insightful and transparent” ratings of thousands of investment products, based on eVestment data and analytics.
2015 PLANSPONSOR Retirement Plan Adviser of the Year Finalists Announced
Today, PLANADVISER is pleased to announce the finalists for the annual PLANSPONSOR Retirement Plan Adviser of the Year awards.
Implications of Fiduciary Proposal Remain Opaque
The Department of Labor still says its pending fiduciary rule proposal, though subject to change, will not prohibit common advisory compensation practices, such as commissions and revenue sharing.
CUNA Expands Sales Team with Four Regional VPs
Four regional vice presidents have been added to the intermediary sales team of CUNA Mutual Retirement Solutions.
Guardian Appoints Two Vice Presidents to Retirement Solutions
The Guardian Insurance & Annuity Company Inc. announced Matthew Butler and Christopher Pic have been named second vice presidents in the retirement solutions division.
SEC Reports on Adviser Cyber-Risk Readiness
A Securities and Exchange Commission review of the financial services industry’s cybersecurity preparedness shows the vast majority of examined broker/dealers and advisers have adopted written information security policies.
Getting Auto-Enrollment Implementation Right
Implementing automatic enrollment without thinking through plan design can result in compliance and administrative issues.
Generation X Particularly Pressed on Retirement
The top financial concern among each generation is not having enough money in emergency savings, a new survey suggests, but for Generation X, not being able to retire...
New Factors That Can Impact Retirement Readiness
Market performance is not the only indicator of retirement readiness, according to researchers at the University of Connecticut.