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80% of DB Sponsors Interested in Risk Transfer
Eight in 10 defined benefit (DB) plan sponsors expressed interest in pension risk transfer products.
PSNC 2014: Washington Update
The Department of Labor (DOL) has increased full-scope audits of retirement plans, said Lisa Barton, a partner with Morgan, Lewis & Bockius.
Trustworthiness Important in Selecting Plan Provider
What factors influence plan sponsors' selection of retirement plan providers?
Fiduciary Status Not Triggered by Contribution in Company Stock
A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting in a fiduciary capacity when deciding to make company contributions to two retirement...
Bosses and Flextime Are Uneasy Agreement
Flextime – stretching or curtailing one end of the workday to meet obligations outside the job – remains all the rage at a growing number of companies, from...
PSNC 2014: Moving the Needle
Other than automatic enrollment in a retirement plan and automatic escalation of employee deferrals into their plans, what are the top strategies for moving the needle on employees’...
PSNC 2014: One-Size-Fits-All?
At the PLANSPONSOR National Conference in Chicago, four leading experts debated the merits of target-date funds (TDFs) versus target-risk funds (TRFs) and managed accounts.
There’s Hope for Retirement Security Policies from Congress
"I think the retirement crisis is beyond a crisis,” says U.S. Representative Reid Ribble (R-Wisconsin).
Do You Practice Good Plan Marketing?
With so much regulatory complexity surrounding defined contribution (DC) retirement plans, it is not unusual for plan sponsors to overlook the more obvious considerations, says BlackRock’s Laraine McKinnon.
One Topic Is Crucial for Retention, Nationwide Says
Not talking about Social Security could come with a steep cost, says Nationwide in a survey that polled retirees and their experiences with the timing of benefits.
Morningstar Adds Director of Manager Research
Jon Hale has been named the director of North American manager research for Morningstar Inc.
Court Deems MassMutual a Fiduciary for Setting Compensation
A plan sponsor’s lawsuit over revenue sharing payments has moved forward as a court found the sponsor's plan provider became a functional fiduciary by setting fees.
529’s Asset Appetite Shows 20% Rise
Adviser-sold college savings plans gained traction, and now show balances equivalent to direct-sold plans, research shows.
Retirement Is a Phase, Not a Single Date
People expect to work longer and flexibility will become the new model for retirement, finds Aegon’s third Retirement Readiness survey.
Should Your DC Plan Include Absolute Return Strategies?
A paper from Towers Watson recommends, for defined contribution (DC) plans, up to 25% of traditional U.S. aggregate bond assets can be switched to absolute return assets.
Going Broke in Retirement Is Top Fear for Americans
A pervasive fear of running out of money in retirement is not causing Americans to spend less today, according to Bank of America Merrill Lynch.
Easier Enrollment Leads to Better Participation
Simplifying the 401(k) plan enrollment process may help employees save more effectively for retirement, says a recent paper from Bank of America Merrill Lynch.
PensionsFirst Broadens Focus to Become RiskFirst
Financial technology provider RiskFirst, formerly PensionsFirst, has expanded the focus of its pension risk analytics software for wider application in multi-asset portfolio management and compliance settings.
Reforming Social Security to Increase Retirement Income
Witnesses at a Senate hearing discussed Social Security reforms that could boost potential retirement income for workers.
Advisers Focused on Asset Allocation
Market volatility and questions about interest rates have brought asset allocation and portfolio management to the forefront for financial advisers, according to a Fidelity Investments survey.