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Global Retirement Rules of Thumb for International Employers
Workers in Germany face a similar savings challenge as U.S. workers, according to Fidelity; while workers in the U.K. have an easier outlook, greater longevity means those in...
Wells Fargo’s Annual Retirement Study Portrays an Industry in Transition
Executives overseeing the survey report agreed that the U.S. is just beginning to see the real impact of decades of public policy decisions and private employer efforts to...
Fiduciary Duties for Auto-Portability Solution Spelled Out by DOL
The DOL has issued an advisory opinion letter in response to a request by Retirement Clearinghouse (RCH), for the Department’s opinion on the status of certain parties as...
Planning for Long-Term Care Needed to Alleviate Burdens on Family Members
Among family caregivers, 60% said they had no idea how demanding it would be, and that an insurance product to help with long-term care could have alleviated some...
Study Suggests Multiple Provider Model Best for K-12 403(b) Plan Participants
The research found 25% greater participation in plans with 15 or more investment providers compared to plans with only one provider, and account balances are, on average, 73%...
Half of Households Likely to Face a Retirement Shortfall
Looking at whether retirees will be able to replace 75% of their final-year earnings, the Center for Retirement Research at Boston College found the number of households at...
Lack of Emergency Savings Intersects Retirement Concerns
The majority of respondents to a Cuna Mutual Group survey feel positive about their prospects for upward wealth mobility; on the other hand, a quarter say they have...
UBS Sued Over Alleged RMBS Misrepresentations
UBS says it intends to rely on certain facts to defend itself; for one, that it suffered massive losses on U.S. mortgage-related assets, including the residential mortgage-backed securities...
Quality of Investments for HSAs Has Improved
Investment menu designs have also gotten better, according to a Morningstar analysis.
ABG Rocky Mountain Offers Stadion StoryLine
The StoryLine process seeks insight into an employer's overall plan makeup, with the intent of tailoring default options for each plan sponsor.
High-Net-Worth Individuals Would Like to Use RMDs to Offset Taxes
They also say they will not need the money for day-to-day living expenses, Allianz Life found in a survey.
Proposed Hardship Withdrawal Amended Regulations Issued by IRS
Under the proposed regulations, 401(k) plan sponsors could choose to make additional accounts available for hardship withdrawals.
SEC Investor Advisory Committee Calls for Stronger Best Interest Regulations
The committee says the SEC should explicitly explain that Regulation Best Interest is a fiduciary duty shared equally by advisers and broker/dealer to act in their customers’ best...
Retirement Industry People Moves
Beacon Pointe Advisors names CIO; Asset-Map partners with Cambridge Investment Research; VALIC appoints new business development vice president; and more.
AARP Tackles Social Security Misinformation
As retirees drawing Social Security income look forward to a modest increase in benefits scheduled for 2019, AARP has published a list of common Social Security misconceptions.
Would Government Bailouts Help Solve Union Pension Funding Crisis?
A white paper published by a group of researchers and actuaries examines the pros and cons of creating a government-back low-interest loan program to support stressed multiemployer pensions.
Debt Hampers Retirement Saving for Those Closest to Retirement
Fifty-five percent of Baby Boomers say they would save more for retirement if they could pay off their debt, GOBankingRates found in a survey.
2018 PLANSPONSOR / PLANADVISER Excellence in Retirement Awards Dinner
March 29, 2018 | Chelsea Piers, Pier 60, New York
VALIC Launches Upgraded Retirement Plan Sponsor Website
SponsorFIT is designed to help retirement plan sponsors monitor and improve plan health, as well as simplify plan administration.
Investment Product and Service Launches
The Standard Grows Stable Value Fund Options, and First Trust Creates Dow Jones International Internet ETF.