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Closer Look at State-Run Retirement Systems for Private Sector
Industry insiders are divided on whether this is a good idea.
DOL Proposes Guidance on State-Run Plans for Private Sector
States offering retirement planning solutions to private-sector workers got their first look at a few highly anticipated (and increasingly controversial) pieces of regulatory guidance this week.
Head-in-the-Sand Gen Xers Need Retirement Planning TLC
Gen Xers pinballing between unrealistic retirement expectations and paralyzing uncertainty need an adviser who is understanding and empathetic.
Final Market Rate of Return Rules Adopted for Hybrid Plans
The Internal Revenue Service is implementing new market rate of return rules for hybrid pension plans.
Retirement Realities Drive Social Security Decisions for Women
Lower account balances, longer life expectancy and not working with an adviser can wreak havoc on a woman’s Social Security benefit.
RIAs Primed for Growth in 2016
Schwab Advisor Services finds a majority of independent registered investment advisers are projecting healthy growth in the year ahead.
Investment Product and Service Launches for the Week
BPV Capital Management partners with AJO and SEI to launch large cap value CIT; Prudential Investment Management announces name change.
SIFMA Speaks Out Against State-Run Plans
The group suggests other efforts to address the retirement savings crisis in America.
Duty to Monitor Fiduciaries Does Not Include Duty to Inform
BP has won dismissal of several claims that it failed to monitor fiduciaries who oversaw company stock investments in its retirement plans.
Transamerica Unveils 401(k) Plan for Smaller Employers
Transamerica Retirement Solutions has launched a new 401(k) retirement plan that “offers large-plan features to smaller businesses and their employees.”
Robo Advice A Rising Tide?
Industry researchers now commonly argue digital portfolio management tools and robo-adviser platforms are driving greater opportunity for traditional advice firms.
Financial Engines to Acquire Brick-and-Mortar Advisory
Not convinced that robo-advisers are shaking up the defined contribution retirement plan advisory space? This week’s news that digital-advice darling Financial Engines will acquire a firmly established traditional...
Does the Intel Retirement Plans Case Have Merit?
PLANADVISER reached out to Marcia Wagner, principle with Wagner Law Group in Boston, for comments about the case.
Investment Product and Service Launches for the Week
Dimensional Fund Advisors launches TDF solution; Morningstar acquires Total Rebalance Expert; Morgan Stanley adds CreditSights to online adviser portal; and AB reveals holistic annuity fiduciary service.
Bill Calls for More Hedge Fund Transparency
A New York Congresswoman's bill would require more disclosure about hedge fund holdings.
Settlement Terms and Price Tag Revealed in Boeing Fee Case
The retirement planning industry already knew Boeing would settle the nearly decade-old 401(k) litigation, but a trove of new details emerged this week as both parties agreed to...
Intel Lawsuit Questions Custom Target-Date Fund Construction
The lawsuit also hints that certain “best practices,” in part, resulted in many participants being improperly invested.
A Map Shows the Worst States for Taxes in Retirement
Kiplinger’s tax map shows the importance of location, location, location for retirees.
Social Security Changes Hammered Out in Budget Deal
There is a concept in biology called punctuated equilibrium, in which long periods of stability are interrupted, rapidly and unpredictably, by meaningful change. It’s an apt metaphor for...
Changes DB Plan Sponsor Clients Would See with Budget Bill
The Bipartisan Budget Act of 2015 includes some good news about funding calculations and mortality tables, but there is some bad news in it too.