Aging Boomers Not Keeping Jobs From Younger People
An exhaustive search found no evidence to support the idea that aging Baby Boomers are crowding out younger workers from the work force.
Tag: Plan Admin
Fee Disclosures Cause Confusion
Eighty-three percent of small-business owners are still unclear about 401(k) fee notices and next steps, according to a survey.
Executives Need Help Filling Retirement Income Gap
The typical executive will only be able to replace about one-quarter of pay during retirement through Social Security and a 401(k) plan.
OutsourceOne Offers Dependent Eligibility Audit
Minnesota-based OutsourceOne has partnered with Certifi Inc., a software and services company, to provide automated employee benefits data auditing services to employers.
New York Life Retirement Plan Services Expands Sales Force
Mark Dehmel joined New York Life Retirement Plan Services as vice president of sales for the Western region of the country.
Report Reveals Record Pension Underfunding for S&P 500
A report from S&P Dow Jones Indices reveals record pension and other post-employment benefits (OPEB) underfunding for the S&P 500 companies.
S&P Adds ‘To’ & ‘Through’ to Target Date Indices
Standard & Poor’s designed its new Target Date Style Index Series to help plan sponsors with comparisons for “to”...
Pension Relief Bill Presents Risks
New pension rules may provide relief for underfunded pension plans, but they can also increase risk, according to Karin Franceries of J.P. Morgan Asset Management.
Financial Plan Launches 401(k) Branch
Financial Plan Inc. of Bellingham, Washington, launched a new branch of business dedicated to 401(k) plans.
Russell Releases Corporate Pension Finance Handbook
Russell Investments compiled a handbook outlining the major issues facing corporate pension plan sponsors.
DC Assets Fastest Growing Among Employer-Sponsored Plans
Assets in employer-sponsored retirement plans, IRAs and annuities totaled $17.9 trillion at year-end 2011, up slightly from 2010, according to the Investment Company Institute (ICI).
Employers Shift to Employee-Controlled Benefits
Because of the economy and recent employment-related legislation, many employers have shifted to benefits that place primary responsibility and control on employees, a survey found.
The Newport Group Adds Senior Client Relationship Manager
The Newport Group hired Eric Kleindienst as a senior client relationship manager.
Wells Fargo Adds Lincoln Variable Annuity to Its Lineup
Lincoln Financial Distributors announced itsChoicePlus Assurancevariable annuity was added to Wells Fargo Advisors LLC’s advisory variable annuity program.
Advisers Favor Extending the Fiduciary Standard
More advisers should be bound by the Employee Retirement Income Security Act (ERISA) fiduciary standard, a survey found.
LGBT Investors Say They Need Tailored Advice for Retirement Planning
LGBT (lesbian, gay, bisexual and transgender) non-retirees reported confidence in retirement savings as well as a need for specialized advice, a survey found.
PwC Predicts Historically Low Growth in Health Care Spending
Health care spending in the U.S. is expected to grow at a historically low rate of 7.5% next year.
Company Uses ‘Holistic’ Approach to Improve 401(k) Participation
Increasing 401(k) plan participation rates is high on many companies’ priority lists, but what are the most effective tactics?
DOL Frees Assets for 401(k) Plan
The Department of Labor appointed an independent fiduciary to manage the 401(k) plan of a now-defunct New Jersey company in the wake of a lawsuit.