Tag: Defined contribution

A Transamerica survey found that 34% of Americans believe extending the Saver’s Credit to all filers regardless of income should be a priority for incoming President Donald J....

Commenters expressed concerns that the current definitions would preclude them from using forfeiture accounts to fund the contributions.

Flat-fee models clearly favored by the DOL for being perceived as less conflicted will have a competitive edge in the new fiduciary future.

Plaintiffs suggest their employer should have allowed a single recordkeeper to service its traditional DC plan and its 403(b)—and that it paid excessive fees by paying for distinct...

An investment with lifetime income elements can be a prudent default investment option in DC plans, even if not a QDIA, the DOL said in an information letter.

A wide-ranging economic analysis suggests the top 1% continues to earn vastly more in the markets than the average U.S. citizen; but the middle class is gaining ground...

Broadridge identified three trends driving change in the retirement industry that it says will remain regardless of what happens to the DOL fiduciary rule.

Both employers and employees remained committed to funding defined contribution plans during the year, which saw significant market swings and bouts of uncertainty. 

Mercer recommends areas for review that defined contribution plan advisers can go over with plan sponsors.

And 87.6% of eligible employees have a balance in their plan.

After multiple trips through the district and appellate court systems and consideration by the Supreme Court on multiple occasions, Tibble vs Edison took another step forward today. 

As implementation of the DOL’s fiduciary rule approaches, advisers may have to choose between remaining in the DC business and pursuing traditional wealth management.

Some types of employers simply aren't interested in DC retirement plans, while others have fully embraced them.

State investment market regulators in Massachusetts have expressed serious concern around the continued employment of broker/dealer agents with histories of misconduct. 

Consultants from Grant Thornton suggest they have already seen strong business impacts coming out of the DOL fiduciary rule. 

The non-profit is launching Icon next year, which employers can use to help employees save for retirement.

In the retirement planning and investment industry of the near- and long-term future, providers’ motivations will play a deep role in determining success.

Retirement reforms being implemented in the UK through 2018 represent an important testing ground for government-backed savings efforts.