A survey from Towers Watson reveals some emerging and growing trends in defined contribution plan design, investments, fees and communications.
Sage Advisory Services and July Business Services launched a full-service packaged solution for cash balance plans.
The retirement planning industry has long been characterized by a shift from defined benefit (DB) to defined contribution (DC) plans, but advisers still face great opportunity in serving DB clients.
While it’s true that advisers are often hired to assist with defined contribution (DC) retirement plans, knowledge of defined benefit (DB) issues can still be a big value-add.
A survey of sponsors of many different types of defined contribution (DC) retirement plans finds not all are following plan design and compliance best practices.
MassMutual Retirement is partnering with BlackRock to introduce a customizable, lower-cost alternative to managed accounts for use in defined contribution (DC) retirement plans, called MassMutual Managed Allocations.
Investment services provider Manning & Napier, Inc. has established a dedicated defined contribution investment only (DCIO) wholesaler team to help grow its presence in the expanding market segment.
A new defined benefit (DB) service provider guide, developed by The Principal Financial Group, explores best practices for advisory firms to engage and win new DB plan clients.
Seyfarth Shaw, a law firm specializing in employment and benefits law, unveiled a new Employee Benefits Administrative Service Center for retirement plan clients.
Deloitte and Penbridge Advisors have established a strategic alliance to provide sponsors of U.S. defined benefit pension plans with pension risk transfer (PRT) advisory services.
As new fiduciary rules mushroom, retirement plan advisers must keep instilling basics of fiduciary liability in plan sponsors and committee members.
Prudential Retirement named Srinivas Reddy to a newly created role overseeing investments for its full service business.
Financial services provider Morgan Stanley added discretionary capabilities to its defined contribution (DC) retirement plan advisory services.
JHS Capital Advisors now offers Lincoln Trust Co.’s Model(k) plan solution for broker/dealers in the small and mid-sized 401(k) market.
Over the past couple of weeks, two retirement industry providers have introduced offerings they purport to be the next trend in the evolution of retirement plan offerings.
ING U.S. Inc., soon to be rebranded as Voya Financial Inc., named Stephen Keating as head of large corporate market sales for its retirement solutions business.
Markus Krygier joined Strategic Investment Group as a managing director.
The Wagner Law Group announced the additions of William Scogland to its new Chicago office and Ellen Stone to its existing Boston office.
Custodia Financial has added Erika Chavez to manage the company’s Retirement Loan Eraser program.
Ten years ago most advisers had never heard of a 3(38) investment manager, but today “3(38)” and “3(21)” roll off the tongue—we do love our numerical buzzwords in the retirement industry.