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DC Participant Clients Likely Unable to Retire at 65
Six in 10 workers are not on track to meet their needs in retirement at age 65, according to a recent analysis.
Putting Social Security in a Value Proposition
Pre-retirees want to know about Social Security—and they say they’ll switch advisers if necessary.
A Summer Lull in Participant Trading
Trading activity was light within 401(k) accounts last month, according to Aon Hewitt.
‘Safe’ Investments Get More Participant Transfers in June
Money market funds received the most inflows from defined contribution plan participant transfers in June.
Trading Was Brisk in DC Accounts in May
More defined contribution plan participants made trades last month, according to Aon Hewitt.
Wirehouses Show Plenty of Distribution Muscle
Less than a quarter of wirehouse advisers control nearly half of all traditionally advised assets, says Cerulli Associates in a new report.
DC Participant Trading Light in February
Participants in defined contribution plans did little to rebalance their portfolios in February.
Sponsors Active on Pension Risk and DC Cost Cutting
An Aon Hewitt survey of pension plan sponsors finds almost two in three could take direction action to curb risks and costs in 2015.
DC Plan Trading Activity Picked Up in January
Aon Hewitt’s 401(k) Index shows there were five days of above-normal trading activity in the month of January 2015–more days than the previous two months combined.
2014 Closed With Light DC Plan Trading
Just 0.022% of total defined contribution (DC) plan assets traded in December 2014, with a slight majority of days (55%) favoring equities over fixed-income assets, Aon Hewitt data...
More Employers Offering Overall Financial Help
An increasing number of employers are broadening the types of financial and retirement planning resources they offer employees.
No Strong Participant Reaction to Market Swings
While all of the major asset classes suffered losses during the month of September, Aon Hewitt’s...
Nationwide Enhances Retirement Plan Services
Nationwide announced enhanced retirement plan services to help advisers be more efficient.
401(k) Participants Turned Back to Fixed Income in August
When 401(k) plan participants traded their investments in August, they favored fixed-income funds over equity funds for 65% of the trading days, according to Aon Hewitt.
Unified Trust Company Adopts AXIS Retirement Platform
Unified Trust Company has partnered with Castle Rock Innovations to implement the AXIS Retirement Analytics Platform for plan cost and performance benchmarking purposes.
Asset Managers Find Success in Customization
The financial crisis taught institutional investors many tough lessons, says Alexi Maravel, associate director at Cerulli Associates, including the importance of non-correlated assets in periods of market stress.
Nationwide Offers Diverse Managers Fund
Nationwide Retirement Solutions has released the Nationwide Diverse Managers Fund.
IRS Reschedules Same-Gender Benefits Discussion
The Internal Revenue Service (IRS) has moved back the date of a phone forum on same-gender couples and retirement plans to July 17.
IRS Finds Widespread Final 5500 Errors
The majority of final Form 5500s reviewed during a recent Internal Revenue Service (IRS) compliance assessment contained errors, many related to undistributed assets.
Another Light Trading Month for DC Participants
Aon Hewitt’s 401(k) Index shows April was another light trading month for defined contribution (DC) plan participants.