IMHO: Conference “Calls”
As I was listening to, and participating in, panels at our Future of Asset Allocated Funds conference in California this past week, I was struck again...
Tag: 401k
Participants Accept Responsibility for Retirement Saving, But…
A new survey from J.P. Morgan finds 401(k) participants embrace the responsibility of controlling their retirement savings, but without confidence to succeed.
IMHO: “Myth” Information
Recently, Time magazine ran a story called “Why It's Time to Retire the 401(k).”
Participants Continue Tiptoeing into Equities
The Hewitt 401(k) Index for September indicated 401(k) participants continued to slowly and modestly transfer assets from fixed income investments back into equities.
JPMorgan not Liable for WaMu Retirement Plan Mismanagement
JPMorgan Chase & Co. cannot be held liable for mismanagement that may have occurred before the Federal Deposit Insurance Corp. seized Washington Mutual, Inc., a judge has ruled.
IMHO: Target Aims
Asset-allocation fund solutions have, to put it mildly, exploded on the retirement plan scene—aided in no small measure by the sanction of the Department of Labor’s final regulations...
More than Half of Plans Offer Advice
The Profit Sharing/401k Council of America (PSCA) found the number of sponsors offering investment advice is on the rise.
Select Department
Hidden Agenda?
Small-plan 401(k) lawsuit targets three providers over allegations of excessive fees and inadequate disclosure
fiduciary fitness
Proceed with Caution
A sometimes overlooked provision applies when terminating 401(k) plans
Long-Term 401(k) Balances Up Despite Recession
After rising for five years, the average 401(k) retirement account fell 24.3% in 2008, according to an analysis of participants in the Employee Benefit Research Institute/Investment Company Institute...
IMHO: A SunAmerica Opinion
I am admittedly something of a pension (and regulatory) geek, but when the SunAmerica Opinion was published (December 2001), it was clear that something big had...
Employees Kept Hands off 401(k) in Downturn
Despite the ongoing economic turmoil, a poll taken for National Payroll Week found that the majority of those polled have not disturbed their 401(k) deferrals since September 2008.
Goodyear Makes DB to DC Switch for Union Employees
Goodyear Tire & Rubber Co. will phase out a defined benefit pension plan covering union employees and set up a 401(k) plan under a new contract with the...
BrightScope Unveils Adviser Service
The 401(k) ratings and analytics firm BrightScope launched a service to help advisers and consultants find plans that need their help.
Failed Bank Slammed with Eight Stock-Drop Actions
Colonial Bank, a now-defunct Alabama bank company, has been hit with eight stock-drop suits over losses suffered by its pension plan when the bank was seized by regulators,...
IMHO: When You Assume…
Somewhere in the course of your professional life, you have no doubt heard (or used) the expression about what happens when you assume1.
Lord Abbett Exits Small-401(k) Market
Jersey City, New Jersey-based investment management firm Lord, Abbett & Co. announced Wednesday it is getting out of the small-401(k) market to concentrate on its defined contribution investment-only...
IMHO: Under New Management
Sitting in the audience at the ASPPA/DoL Speaks conference last week, I was reminded just how disruptive it can be to have a new boss.
EBSA Sets Out Carrot, Stick Agenda
When it comes to employee benefit plans, there’s a new sheriff in town.