Light 401(k) Trades in July Even as Wall Street Posts Strong Month
The latest data from Alight Solutions shows there were no above-normal trading days.
401(k) Investors Had an Active Trading Month in June
The latest data from Alight Solutions shows five above-normal trading days in June.
401(k) Investors Still Cautious in Volatile Market
Investors remain wary of the equity market’s volatility, as no trading days in May exceeded three times the average.
401(k) Investors Display Poise as the Market Struggles
Investors limit reactionary trades despite equity markets posting their worst month in two years.
401(k) Trading High in the First Quarter
The first quarter was busy for investors despite March’s market rally.
401(k) Index Underscores Investor Jitters
Facing some jarring geopolitical events, 401(k) investors reacted with above-normal trading activity during February.
401(k) Trades Reach Highest Levels in a Year
On average, 0.017% of balances were traded daily in January despite the backdrop of a volatile stock market, according to Alight Solutions.
SEC Proposes Rules to Address Potential Runs on Money Market Funds
The suggested amendments to the agency’s current rules address redemption costs and liquidity.
Investment Product and Service Launches
Vanguard makes changes to money market fund lineup, and S&P Dow Jones Indices announces changes to the DJIA.
Remember the Real Role of Stable Value
News Reports: Treasury Wants to See Money Market Fund Guarantee
Media outlets suggest one of the federal government’s responses to the coronavirus outbreak will be to temporarily guarantee money market funds—mirroring what proved to be an important policy decision made during the Great Recession.
SEC Finds Incomplete and Potentially Misleading Disclosures for Some TDFs
The Securities and Exchange Commission’s (SEC)’s Office of Compliance Inspections and Examinations found some concerns related to money market funds and target-date funds.
Investment Product and Service Launches
Buffalo Funds introduces institutional class shares; Nuveen adds to Diversified Dividend and Income Fund team; and State Street Global Advisors launches ESG money market fund.
Participants Favored Fixed Income in February
On 89% of the trading days, 401(k) participants moved the majority of their money into fixed income, according to the Alight Solutions 401(k) Index
SEC Money Market Rule Changes Still Playing Out
The SEC made fundamental changes to the rules governing money market funds back in 2014; according to John Faustino at Fi360, the rule changes have created a big opportunity for advisers with stable value fund expertise.
November Was a Typical Month for Trading in 401(k) Plans
There were only three days of above-normal trading, according to the Alight Solutions 401(k) Index
Stable Value and Rising Interest Rates
MetLife Study Finds Money Market Funds Losing Favor in DC Plans
The study also reveals a disconnect between the capital preservation recommendations advisers say they are providing and the actions plan sponsors are taking.