Nationwide Announces HSA Offering in 2019
“We are committed to bringing America’s workers solutions designed to help them gain confidence and take action to efficiently prepare for health care expenses in retirement,” says John...
News
Researchers Find Impatience and Financial Literacy Affect Retirement Savings Decisions
The researchers say their results imply that it may be useful to facilitate decision making, particularly among the less-educated, as well as to facilitate people committing to and...
SEI Seeks Greater Workflow Automation Through Advizr Partnership
Through this expansion, SEI’s BusinessWise program will deliver enhanced financial planning tool to help advisers make actionable plans for individual clients.
Court Finds Retirement Assets Divided in Divorce Not Protected in Bankruptcy
During a couple’s divorce proceedings, a property settlement awarded the ex-husband half of the ex-wife’s 401(k) balance and the entire amount in her individual retirement account (IRA), but...
DCIO Providers Under Increasing Sales Pressure
Leading distributors are consolidating assets, and new groups are growing in influence.
Neuroscience Center Pension Plan Fiduciary Settles ERISA Dispute
Under DOL scrutiny, the Illinois-based employer has agreed to restore nearly $420,000 to its defined benefit pension plan.
SOA Mortality Scale Shows Lowered Pension Plan Obligations
The report also found a decline in future rates of mortality improvement.
Millennials the Most Motivated to Develop a Financial Plan
Twenty-nine percent say financial planning makes them feel “excited and inspired,” a survey by Northwestern Mutual found.
Who Is Responsible for Retirement Security?
National Retirement Security Week, from October 21 through 27, highlights the complementary roles of governments, employers and individuals in creating better retirement security for everyone in the U.S.
Picturing Life in Retirement Boosts Savings
When asked to think about their life in their 60s, 70s and 80s, people said retirement savings should be increased by 31%, Capital Group found in a survey.
Advisers See Increased Interest in SRI
Seventy-nine percent are incorporating socially responsible investing into their practices, according to an Eaton Vance survey.
Disclosure Changes Coming for DB Plan Clients
Amendments in the update are effective for fiscal years ending after December 15, 2020, for public business entities and for fiscal years ending after December 15, 2021, for...
Guaranteed Income, Shoring Up Social Security Suggestions for Improving U.S. Retirement System
This year, the U.S. scored a 58.8 overall in the Melbourne Mercer Global Pension Index, up from 57.8 in 2017.says the slight increase in the U.S.’s score was...
Advisers Optimistic About Future Prospects
They are also offering a broader range of products, a survey by LIMRA and EY found.
DOL Seeks to Expand Access to MEPs and ‘Association Retirement Plans’
These plans allow small businesses to join together to offer defined contribution retirement savings benefits.
Institutional Investors Seek ESG Opportunities via Fixed-Income Vehicles
BlueBay Asset Management's My-Linh Ngo offers a crash course in ESG fixed income.
Providers Rally Support Resources for Retirement Security Week
TIAA is helping its plan sponsor clients create their own National Retirement Security Week campaigns with ready-to-use content, while Mutual of America is conducting on-site group presentations.
Another District Court Decision for Dignity Health Church Plan Lawsuit
The interim decision is a mixed bag that falls more in favor of the plaintiffs, but it by no means concludes the litigation—not least because plaintiffs have already...
Retirement Industry People Moves
Bernstein Adds Industry Executive to Philadelphia Region; T. Rowe Appoints CIO to Head of Investment Strategy; The Hilb Group Acquires Actuarial Consulting Firm; and more.
Millennial Educators Want Adviser Help With Retirement Savings
Debt is getting in the way of saving for retirement, and many want help with investing, preferring to work with an adviser in person, a survey found.