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The Great TDF Debate: Prudence vs. Performance
Comparing the “quality” of target-date funds is not a straightforward operation. One must decide how to prioritize performance, risk and many other factors when making a prudent investment...
Retirement Industry People Moves
MassMutual hires managing directors for DC retirement plans; Cohen & Steers appoints Sony Music VP to board of directors; FTJ Retirement Advisors partners with retirement planning marketplace company;...
Prudential Latest Recordkeeper to Face Self-Dealing ERISA Lawsuit
Plaintiffs challenge the use of proprietary products in Prudential’s defined contribution retirement plans, an arrangement they say impermissibly benefitted the company at the expense of plan performance.
Fee Compression Is Old News for Recordkeepers, Fund Managers
Fee compression hit recordkeepers first, then asset managers. Advisers are next, experts agree, but they can learn some important lessons from their service provider partners.
Attorneys Argue for Stricter Reading of ‘Actual Knowledge’ in ERISA Cases
Responding to a case against Intel 401(k) plan fiduciaries, U.S. attorneys say just because retirement plan participants receive investment disclosures doesn't mean they have actual knowledge that a...
Corporate America Pushes for SECURE Act Passage
It’s not just the financial services industry pushing for passage of the Setting Every Community Up for Retirement Enhancement Act; chambers of commerce, consumer advocacy groups and major...
SEC Seeks to Bring Adviser Advertising Rules into the Digital Age
As one source points out, the SEC’s advertising rules have not been substantively amended since 1961, long before social media and the dominance of the Internet—even before fax...
The Business Cycle, Geopolitics and Retirement Investing
Trade tensions between the U.S. and China have dominated financial news headlines, but investors have a lot more to think about, including “Brexit,” an aging workforce and a...
Recordkeeping Fees Under the Microscope
Retirement plans of all sizes are seeing their recordkeeping fee schedules questioned, especially when those fees are expressed as a percentage of assets.
CenturyLink’s Investment Management Company Faces ERISA Claim
On their third try, participants in CenturyLink's 401(k) plan get a recommendation that one claim move forward.
401(k) Participant Files ERISA Lawsuit Against Goldman Sachs
The lawsuit points out Goldman Sachs offered lower-cost investment vehicles to institutional clients that it did not use in its own 401(k) plan.
Retirement Industry People Moves
Ameritas president succeeds former CEO and chair; Voya Retirement adds account exec to large market side; AIG Retirement appoints market management SVP; and more.
Tips on How to Carefully Evaluate Target-Date Funds
Experts say this has never been more important, with TDFs projected to hold more than half of all retirement plan assets by 2025.
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A Time of Change
Advisers have a variety of strategies to evolve their firm—from good partnerships at the plan level to well-thought-out M&A’s.
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Effectively Serving Small Solutions
Delivering profitable service to small clients is possible.