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Inside the Mind of a TDF Portfolio Manager
Like any challenging labor in life or business, running a target-date fund portfolio successfully requires careful attention and a keen sense of balance.
IRS Provides Guidance About Mid-Year Safe Harbor Plan Changes
The guidance includes prohibited changes to a safe harbor retirement plan.
DB Clients Should Know About Proposed Accounting Changes
Comments are due to the FASB by April 26.
OMB Confirms Receipt of Fiduciary Rule Language
After years of speculation and an intense, ongoing retirement plan industry debate, the Department of Labor has advanced its conflict of interest regulations to the Office of Management...
IRS Proposes Nondiscrimination Relief for Closed DBs
The proposed rule will help closed DB plans continue to satisfy minimum coverage and other testing requirements.
Investment Product and Service Launches
S&P Dow Jones Indices adds retirement income indexes; Northern Trust Asset Management reveals its next generation of target-date funds; and Beaumont Capital reveals a defensive TDF alternative.
Industry Pros Highlight Necessity of Auto Retirement Savings
One retirement plan industry professional warned legislators that improvements in retirement readiness tied to the Pension Protection Act have mostly run their course.
Complex Fixed-Income Picture May Hide ‘Upside Surprise’
Following the Federal Reserve’s decision this week to hold off at least a little longer on its next rate hike, one Prudential fixed-income leader anticipates a volatile but...
PIMCO Offers Suggestions for DC Plan Investing
“We recommend that plan sponsors consider these investment ‘ideas’ in the context of their overall plan objectives and constrains and under the advice of their investment consultant or...
Lightyear Capital Acquires AIG Advisor Group
Industry consolidations and acquisitions aren’t likely to slow in 2016, experts note, and the announced acquisition of AIG Advisor Group by a private equity firm only strengthens the...
How Are Investors Responding to Volatility?
Experts suggest many long-term investors have absorbed central lessons about volatility and trading—especially among more sophisticated segments of the investing population.
Pension Funding Picture Still Tough for 2016
Market volatility, longevity and PBGC premiums are prompting sponsors to take a harder look at funding levels.
Retirement Industry People Moves
Russell Investments, Pavilion Advisory, Guardian and others make new hires.
Investment Product and Service Launches
Putnam reveals ‘Maneuver in Markets’ program for advisers; Vanguard reopens money market fund ahead of SEC changes; Wells Fargo offers enhanced pension metrics reporting.
DC Plan Stats Show Effect of PPA
The Pension Protection Act ranked as a top influence on defined contribution plan management in a recent survey.
‘DOL Lacks Study of Retirement Participant Safety’ ICI Says
DOL proposal on state-run retirement programs promotes confusing patchwork of laws and a few unintended consequences, say industry groups ICI and SIFMA.
Great-West/Empower Targeted in Revenue Sharing Lawsuit
Great-West, now doing business as Empower Retirement, is facing similar accusations to those leveled against Prudential at the end of last year.
SEC Sees Broad Industry Engagement on Liquidity Rules
They haven’t received quite the same number of comments as the DOL’s pending fiduciary regulations, but proposed liquidity rules from the SEC have clearly grabbed the investment and...
Concerns Expressed About State-Run Retirement Plans
The ARA and Voya Financial call on the DOL to offer similar relief to private-sector retirement plans as it proposes for state-run plans for private-sector employees.
SCOTUS Passes on ERISA Plan Lawsuit Venue Case
The Supreme Court has denied a petition to review a case about restriction-of-venue clauses in retirement plan documents related to ERISA challenges—based not on the weakness of appellees’...