President Trump’s EBSA Nominee Wins Full Senate Approval
The Senate HELP Committee cleared Preston Rutledge’s nomination earlier in December; now the full Senate has approved his nomination to a post in which he will play a...
News
ERISA Litigation Landmarks Set the Stage for 2018
One ERISA attorney who specializes in defending employers against fiduciary breach claims says 2017 has delivered no shortage of important, potentially precedent-setting decisions involving employee benefits law; and...
Planning for Medicare Premiums and Drug Costs Is a Difficult Fact of Life
A new EBRI analysis suggests some couples retiring in the near future could need as much as $370,000 in dedicated savings just for medical care; small wonder to...
Investment Products and Services Launches
BNY Mellon releases fund focused on income generation, and AI Insight announces new liquid alternative research.
Tax Bill Affects IRA Conversions, Loans, 529s, NQDC Plans
The bill does not impact tax breaks for retirement savings, either by lowering the amount people can contribute or requiring some or all of the money to be...
Advisers Can Play Key Role Boosting Voluntary Benefits
Benefits consultants play a helpful role in guiding employers through decisions involving the offering of voluntary and health benefits: Why offer benefits? Who pays? How do you educate...
ESG Investing Goes Under the Microscope in CalPERS Debate
In a series of sharply written, dueling reports, experts from the American Council for Capital Formation and CalPERS debate the proper role of environmentally and socially conscious investments—and...
PBGC Offers Missing Participants Program to DC Plans
A final rule opens the current program to terminated DC plans and small professional service defined benefit plans.
Forty Percent of Investors Want to Increase Retirement Plan Contributions
This is up from 34% in 2016.
Fiduciary Concerns When Considering Managed Accounts
Managed accounts offers unique personalization catered to a participant’s needs, but are the possible fiduciary mishaps worth implementing the product?
Increasing Client Referrals is Advisers’ No. 1 New Year’s Resolution
Advisers find that getting enough referrals to attain their growth goals is a challenge.
PBGC Provides New Table for Determining Expected Retirement Ages
The new table is for single-employer pension plans undergoing distress or involuntary termination with valuation dates falling in 2018.
Few Employees Using HSAs as Retirement Savings Vehicles
But, employees younger than 25 and older than 65 are more likely to say they try to save/invest their HSA funds, a survey finds.
Mutual of America Turns to Social Media to Educate People About Retirement
The firm is offering tips, tools, studies and articles on Facebook, Twitter and LinkedIn.
Employers Should Shift Perception of Managed Accounts
Research from Cerulli Associates finds plan sponsors must position managed accounts as a service, in order to change its costly product reputation.
Measuring Retirement Readiness Key to Clients’ Workforce Management
Waiting until a plan sponsor sees that employees are not retiring on time is too late to manage the pipeline of talent, and having employees unexpectedly retire early...
RIAs Lowering Fees by 20 to 30 Basis Points
They are making the move to become more competitive in light of the fact revenue growth has slowed to 7%.
GOP-Crafted Tax Cuts Appear Increasingly Certain
Congressional Republicans have successfully pushed a unified version of the Tax Cuts and Jobs Act through the House once, and they may now have to do it again.
Loans, Suspended Deferrals Reduce Savings an Average of 14%
The impact is greater for younger investors, as they have a long time horizon for saving, MassMutual finds.
Participants May Evolve, But Some Things Remain the Same
Both retirees and workers still say the best piece of guidance in helping them prepare financially for retirement is knowing how much money they will need to be...