Tag: 401(k)

 Fifty-four percent of Hispanics report they feel “not very” or “not at all” prepared for retirement.   

Roland|Criss published its third in a series of white papers addressing the new 408(b)(2) regulation’s specific impact on retirement plan sponsors.

The Internal Revenue Service’s (IRS) interim report of responses from its 401(k) Compliance Check Questionnaire offers a view of the 401(k) plan design landscape.

EPIC Advisors Inc. (EPIC) chose Castle Rock Innovations’ (CRI) AXIS Retirement platform to provide compliance with the Department of Labor’s 408(b)(2) fee disclosure requirements.  

 Fee disclosure regulations, in-plan guarantees, target-date strategies and retirement planning optimism will significantly impact the retirement plans industry in 2012, predicts Chuck Cornelio, president of Lincoln’s Retirement Plan...

Nearly 1.5 million participants within Bank of America Merrill Lynch’s proprietary 401(k) business are actively contributing to their 401(k) plans.

A white paper called “The Savings Crisis of Working Americans: The Retirement Industry Call to Action” is available from the Legg Mason Retirement Advisory Council (LMRAC).

Knight Capital Group Inc. announced that Astor Long/Short ETF Fund was added to the 401(k) platform at Paychex Inc. 

Total asset levels in the U.S. retirement market grew 9.6% from 2009 to 2010, totaling $15.8 trillion as of end of year 2010.

The volume of 401(k) participant transfer activity was below average for December, according to the Aon Hewitt 401(k) Index.

Paychex Inc., a provider of 401(k) recordkeeping services, launched Paychex Advisor Select 401(k) for fee-based financial advisers.

The recent economic recession impacted many Gen Xers’ financial savings, according to a report.

FiPath launched the Save Generation X! Campaign, which challenges 29- to 49-year-olds to take control of their financial future.

Thirty-eight percent of affluent investors responding to Merrill Lynch's Affluent Insights Survey said a less volatile stock market would encourage them to start saving more for retirement.  

Castle Rock Investment Company (CRIC) hired Molly Vogt Noyes as a consultant.

A paper suggests that lowering deferral limits to 401(k)-type plans wouldn’t make much dent in the U.S. budget deficit and could result in workers not saving.

The average total plan cost for a small 401(k) plan (100 participants) is 1.3%. 

Partnering with a professional retirement plan adviser offers benefits for plan sponsors, according to a study for the Retirement Advisor Council. 

Nearly 60% of Canadians are confident in their ability to save for retirement versus fewer than 40% of Americans. 

 ING’s U.S. Retirement division launched the ING Lifetime Income Protection Program.