Somewhere in the course of your professional life, you have no doubt heard (or used) the expression about what happens when you assume1.
Tag: Default funds
Nearly half (47%) of employers are now automatically enrolling participants into a retirement plan and another third are seriously considering it, a new survey found.
When it comes to employee benefit plans, there’s a new sheriff in town.
If you want to get a quick sense of just how fast time flies, consider that it was only a year ago this week that Lehman Brothers filed for bankruptcy.
Testifying before the U.S. Department of Labor’s ERISA Advisory Council, James King, Jr., vice president and head of Prudential Retirement’s Stable Value Markets Group, urged that stable value products be classified as a qualified default investment alternative (QDIA) for employee retirement plans.