Investing Optimism and Health Care Cost Challenges
The head of Wells Fargo Institutional Retirement and Trust reflects on a strong boost in investor optimism measured in a recent survey published by the firm—and on the...
Tag: Investing
Covisum Rolls Out Portfolio Risk Tool
The platform will allow advisers to help their clients visualize the risk levels of their portfolios in order to navigate the fluctuating market.
Millennials Suffering From Financial Anxiety
A variety of financial obstacles ranging from sticking to a budget to saving for the future are keeping Millennials up at night, according to a study by Wells...
Understanding Fiduciary Liability Insurance
In a world of heightened fiduciary scrutiny, plan sponsors need to pay close attention to the language of fiduciary insurance policies.
Institutional Investors Need Focus for Factor-Investing
"There's way too much product and a lot of confusion," says Don Robinson with Palladiem.
Helping DB Plan Clients Enhance Portfolio Outcomes
A research paper examines three levers that DB plan sponsors can use to enhance portfolio outcomes in a low-interest-rate environment.
Fidelity Dismissed from Verizon Plan Investments Suit
Although the court dismissed claims regarding risky investments in TDFs and participant fee disclosure failures, Verizon still faces a charge regarding an underperforming investment.
General Electric 401(k) Fiduciaries Accused of Self-Dealing
Participants in GE's 401(k) plan allege the company retained proprietary investments in the plan, even when they were imprudent, in order to earn revenue.
Excessive Fee Suit Filed Against Novitex 401(k) Plan Fiduciaries
A participant says a plan with more than $157 million in assets has the bargaining power to negotiate lower fees for administration and plan investments.
University of Pennsylvania Wins Dismissal of Case Against 403(b)
The case had challenged multiple recordkeepers, multiple investment options and the use of retail share class funds.
Fi360 Enhances Fiduciary Toolkit with Prospecting Feature
The new business-development capability allows advisers to illustrate how certain changes could benefit a prospective client’s portfolio.
Gucci Retirement Plan Sued for Charging Excessive Investment Fees
A participant accuses the firm of failing to prudently monitor and assess investment options for the plan.
Millennials Missing Out on Growing Retirement Savings
Forty-one percent of Millennials are avoiding the stock market and using savings accounts to save for retirement, which LendEDU estimates will cause Millennials to miss out on more...
Reputation Rather than Fees Drives Most IRA-to-IRA Transfers
Firms focusing heavily on promoting low-cost products without considering clients' preferences for premium service and a stable, trusted brand may fall behind, according to a study by LIMRA.
Participants Prefer Personalized On-Demand Advice
When asked how they would like to receive advice, respondents reported preferences for receiving advice as often as they have questions and through channels like email and 1:1...
IDL Investing Concept Makes Certain DB Plans More Desirable
For two types of DB plans, investment-driven liabilities (IDL) is almost risk free for plan sponsors, and at the same time, provides more meaningful benefits to participants, John...
AssetMark Rolls Out New Retirement Business
The new solution aims to help advisers provide smaller plans with a “big plan experience.”
401(k) Portfolio Allocations Changed Dramatically Over 20 Years
In addition, Alight Solutions finds participant trading in 401(k) plans has slowed down from 1997 to 2017.
Investment Products and Service Launches
Reliance Trust Company Partners with Northern Trust and Wilshire Launches ESG Intermediate Credit Index
Court Certifies Class in BB&T Self-Dealing Lawsuit
The case is a consolidation of two lawsuits alleging BB&T breached ERISA by favoring its own proprietary investment options and recordkeeping services in its retirement plans at the...