Tag: 403b
Firms Launch Fiduciary Outsourcing Solution
MillenniuM Investment & Retirement Advisors (MIRA) and Rosenbaum Law Firm introduced Fiduciary Freedom Solutions (FFS) for 401(k) and 403(b) plans.
The Hartford Puts Retirement on the Block
The Hartford is pursuing the sale of, or other strategic alternatives, for its Retirement Plans business.
Retirement Planning a Hot Topic for Employees in 2011
Retirement planning was by far the most popular financial topic among employees in 2011, according to an analysis by Financial Finesse.
Increasing 403(b) Plan Participation in the K-12 Market
Working together to increase K-12 employee participation in 403(b) plans can produce benefits for advisers, school districts and employees alike.
Understanding the Different World of Church Plans
There is much opportunity for advisers in the 403(b) church plan market, but one should get educated first, because church plans are different.
Understanding the New 403(b) Model Disclosure Form
One of the key reasons for the 403(b) Transparency Taskforce’s new 403(b) model disclosure form is so vendors can show plan sponsors that they offer more than just...
403(b) Transparency Taskforce Launches Model Disclosure Form
The 403(b) Transparency Taskforce launched the 403(b) Model Disclosure Form—transparency standards for disclosure of fees and services in the public school 403(b) marketplace.
Boomer Retirements Likely to Boost IRA Share of Retirement Market
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.
Groups Ask IRS not to Abandon 403(b) Prototype Program
Industry groups sent a comment letter to the Internal Revenue Service to support the inclusion of 403(b) plans in the prototype program for pre-approved plan documents.
Castle Rock Hires Consultant
Castle Rock Investment Company (CRIC) hired Molly Vogt Noyes as a consultant.
The Difference an Adviser Can Make
Partnering with a professional retirement plan adviser offers benefits for plan sponsors, according to a study for the Retirement Advisor Council.
403(b) Plan Improvement: An Adviser Opportunity
“There is still tremendous opportunity for advisers in the 403(b) space, particularly among smaller plans,” says Aaron Friedman, national non-profit practice leader, The Principal.
Security Benefit Introduces Total Interest Annuity
Security Benefit Corporation, a Guggenheim Partners Company, has launched the Total Interest Annuity, built specifically for the 403(b) market.
Sponsors at Higher Ed Institutions Seek Help with Fiduciary Process
A survey of plan sponsors at private colleges and universities found 95% of respondents include a 403(b) plan option in their retirement savings plan.
Cerulli Reports on Opportunities in 403(b) Market
New legislation is shifting the 403(b) market from highly individualized and retail-focused, to one that is more efficient and institutionalized, according to Cerulli Associates.
Opportunities Abound for TPAs in 403(b) Marketplace
Third-party administrators (TPAs) are playing an increasingly important role in the 403(b) market segment, notes an Issue Brief by Retirement Research Inc.
IRS Issues Revised Procedure for Church Plans
The Internal Revenue Service (IRS) has issued Revenue Procedure 2011-44, which modifies the procedures for church plans that are filing a request for a determination letter.
PSCA Changes Name to Expand Organization’s Scope
The Profit Sharing/401k Council of America is expanding the organization's reach by changing its name to the Plan Sponsor Council of America – the acronym remains the same.
TPAs Influence One-Third of 401(k) Assets
The third-party administrator (TPA) marketplace has a 30% influence on 401(k) assets, according to Cerulli Associates.