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Companies With Strong Performance Have Quality 401(k)s
Above-average-rated plans are more apt to be found at companies with 20% to 80% higher profitability than are average-rated plans, says T. Rowe Price.
Church Failed to Provide Retirement Benefits to Former Employees
Its former executive pastor and his wife presented evidence showing that supplemental retirement benefits were improperly taken in November 2011 and placed in the church's building campaign.
Partnership Offers Advisers Chance to Build 401(k) Business
By partnering with RPAG, Voya Financial Advisors wealth advisers will have an opportunity to grow their business in the 401(k) space.
A ‘Brittle’ Financial System Persists, 10 Years After Crisis
Lessons have been learned, but experts still worry about the “brittleness” of the U.S. and global financial system.
HD Vest, Envestnet Partner on Tools to Help Advisers Grow Their Business
These include model management, proposal generation, unified managed accounts, overlay models, online reporting and the consolidation of plan data.
Wilmington Trust Dodges M&T Bank Proprietary Funds Suit
Wilmington Trust subsidiaries were found not to be fiduciaries, but other claims against the M&T Bank retirement plan committee were moved forward.
Retirement Industry People Moves
Stadion Names New Retirement Strategies CIO; Nationwide Names New Marketing Leader; Experienced ERISA Experts Join Steptoe & Johnson LLP; and more.
PBGC Issues Rules to Facilitate Mergers of Multiemployer Plans
The Pension Benefit Guaranty Corporation says that mergers can protect the benefits earned by workers and retirees and extend the solvency of troubled plans.
Modern Retirement Framework Must Consider Health Care Costs
Vanguard engaged Mercer Health and Benefits to develop a new model to forecast health care costs for U.S. retirees; the effort has resulted in a number of pragmatic...
Investment Product and Service Launches
Securian Incorporates Custom Investment Models and American Century Expands ETF Suite.
Butch Lewis Act Would Cost ‘Just $34 Billion,’ Dems Argue
Senate Democrats are highlighting the publication of the Congressional Budget Office’s scoring of proposed legislation known as the Butch Lewis Act, which seeks to “put union pension plans...
Using ‘Value of Investment’ to Measure Financial Wellness Programs
A subset of return on investment, VOI is more nuanced, MetLife says.
PLANSPONSOR Defined Contribution Survey Open
Sponsors of defined contribution (DC) plans are invited to respond to the annual PLANSPONSOR DC Survey through October 5. The survey is among our largest and most important...
Investor Advocacy Groups Question SEC Customer Relationship Summary Form
Noting that they believe a more viable customer relationship summary (CRS) form can still be developed by the SEC as part of its Regulation Best Interest proposal, a...
Empower Interface Update Blends HSA and Retirement Plan Reporting
Via the new client interface, participants can see their projected health care costs in retirement compared against the projected balance in their HSA.
Untreated Financial Stress Robs Work Force Productivity
Besides evaluating participant financial stress levels, a new OneAmerica survey also looks at the specific factors causing participants to experience financial stress.
Registered Advisers Often Confused by Custody Reporting
Form ADV includes a number of questions about the custody of client assets; these questions continue to be a source of widespread confusion and inconsistent interpretations in the...
Republicans Flesh Out Tax Reform 2.0, Taking Aim at Retirement Issues
A trio of bills introduced before the House Ways and Means Committee this week offer the first detailed look at Republican Congressional leaders’ hopes for “Tax Reform 2.0,”...
Scars from Financial Crisis Still Raw
A majority of Americans say they have not fully recovered financially from the Great Recession of 2008.