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Investment Products and Service Launches
Deutsche AM Slashes Mutual Fund Expenses; Fidelity Cuts Expenses on Mutual Funds; Transamerica Debuts Smart Beta ETFs; and more.
Sound Advice Can Propel Retirement Savings Contributions
With less than generous government retirement income provisions, Americans can benefit from effective advice about managing finances in order to contribute more to retirement savings plans.
Can States Pick Up DOL Fiduciary Enforcement Slack?
There are certainly states that are attempting to do so, but it’s unclear whether ERISA’s preemption of state law will render their efforts toothless.
Income Disruptions Common During One’s Working Career
Health crises, job losses and other life transitions can reduce workers’ earnings and cause them to stop saving for retirement.
Treasury Announces End of myRA Program
American taxpayers have paid nearly $70 million to manage the program since 2014, the department said.
Aon Pulls Company Stock From 401(k) Plan
On December 1, 2017, the Aon Stock Fund will be liquidated and removed from the plan.
Strong Support Voiced for Further Fiduciary Rule Delay
The first of two deadlines has passed for the DOL’s information request about a potential second fiduciary rule delay, but the window is still open for advisers to...
Investment Products and Service Launches
Wilshire Launches VETS Index; Betterment Sprouts SRI Option for Participants; LPL Opens Mutual-Fund Only Platform; and more.
Gen X Investors Describe Serious Financial Stress
FICO's latest consumer finance trend research finds only a third of consumers between ages 38 and 52 are confident they will reach their long-term financial goals.
dailyVest Rolls Out Fiduciary Focused Tool
The new platform by dailyVest allows plan sponsors to measure plan health and meet fiduciary responsibilities.
AICPA Seeking Comments on Valuation of Financial Instruments
The institute has proposed a framework to bring clarity, consistency and transparency to the valuation of financial instruments such as mortgage-backed securities, credit default swaps, complex bonds and...
Retirement Industry People Moves
Metlife Approves Brighthouse Spin Off; Marsh & McLennan Name CEO of Marsh; Wells Fargo Hires Head of Portfolio Solutions; and more.
Investment Products and Service Launches
BlackRock Moves Listing Venue for 50 iShares ETFs; Nuveen Enters Closed End Fund Merger.
Cerulli Measures Mutual Fund Subadvisory Marketplace Evolution
Asset managers and their institutional clients, DC and DB retirement plans included, are demanding more rigorous due diligence of mutual fund subadvisers.
Print Communications Still Key for Many Participants
New research from the TIAA Institute compares the performance of print versus online plan communications.
A Deeper Look into the Long-Horizon of DB Plans
A study by Willis Towers Watson argues that long-term horizon investing can generate as much as a 1.5% premium per year.
More Employers Make Roth 401(k) Matching Contributions
Among employers offering Roth 401(k) savings programs, 40% now offer matching contributions.
DOL Requesting Public Comment About Fiduciary Rule
The request for information asks whether the BICE and PTEs should be delayed further and whether new streamlined exemptions could be probable given innovations in the industry since...