Tag: Defined contribution

Certain policy changes and the right support for plan sponsors could make it easier for plans and participants to embrace lifetime income solutions.

“The midsized plan asset segment is representative of the DC market segment in which the boutique DC consultant is most prevalent and growing its marketshare,” Cerulli reports.

Many asset managers describe 2017 as a “tipping point” for collective investment trust flows from DC plans, according to a new analysis from Cerulli Associates.

The provider is enhancing its participant-facing digital offerings to drive participant behavior.

 

In-plan lifetime income options can secure certain benefits participants may not find in retail solutions, suggests a new study by TIAA.

The upgraded fee checker tool by America’s Best 401k allows participants to lookup plans by business name to compare fees.

Among this group, 55% say it is because of increasing revenue.

The program’s open-architecture design offers access to hundreds of best-in-class mutual fund families. 

The firm will provide 3(21) and 3(28) services through a tech-focused solution.

The lawsuit alleges that Voya charged the plan “an unreasonable asset-based fee of between 0.67% and 1.86% of the net assets invested in the various mutual funds offered...

Defendants pursued an “exceptionally imprudent investment strategy” with respect to a significant portion of the DST System retirement plan’s assets, plaintiffs claim, resulting in up to $100 million...

A review of fiduciary governance and the liability insurance policy can help 403(b) plan sponsors steer clear of the litigation whirlwind hampering the industry today.

In a new paper, Willis Towers Watson explores some of the advantages white label funds may offer. 

The 3% return on the standard equity portfolio measured during the second quarter pushed the decade-old DC plan investing index to a record-breaking year. 

Loan and hardship rules, in addition to reporting requirements, have been relaxed.

Forty-four percent of middle-income women say this, compared to 14% of men.

“Employers and their advisers stand to benefit from making it easy and convenient for these young adults to save and espouse constructive financial habits at a critical time...

Income from retirement accounts would replace a median 14% of pre-retirement income for workers between the ages of 55 and 65, a new study suggests.

A new study by the ICI finds that few DC plan participants stopped contributing to their plans in Q1 2017, and the rate of asset-allocation changes remained low.