News

Kravitz opens Atlanta office; CUNA Mutual adds six to sales team; LPL opens office in D.C. for Government Relations team.

Two national insurance advocacy groups have “reluctantly” joined the growing list of plaintiffs asking the federal courts to declare the DOL’s new fiduciary rule arbitrary and capricious. 

The solution is aimed at simplifying retirement plan delivery for small employers. 

Significantly more plan sponsors intend to take action in the form of negotiating for lower fees or lower-fee share classes, eliminating revenue-sharing arrangements, or consolidating the plan investment...

Nearly one-third of Americans have no emergency savings.

A new “church plan” lawsuit argues an employer improperly claimed church plan status for its pension—and more fundamentally that church plans themselves may violate the First Amendment to...

Vanguard modifies advisory arrangement for Explorer Value Fund; FTSE Russell unveils Green Revenues model; Franklin Templeton Investments introduces LibertyShares strategic beta ETFs; and more.

Changing how information is presented to participants can improve their behavior, Bank of America Merrill Lynch finds.

“One of the first steps toward saving for tomorrow is effectively managing one’s finances today,” says Edmund F. Murphy, III, president of Empower Retirement.

Advisers to DB plans should consider how the market and funding relief have affected the attractiveness of de-risking.

Could Google one day be a top provider of investments or financial advice? What about Facebook, or Amazon? 

Ninety percent rely on financial advisers to diversify their portfolio.

The worries are impacting many aspects of people’s lives, starting with health.

Most retirement plan sponsors simply rely on what their recordkeeper offers, Morningstar Investment Management says.

However, average deferral rates have declined slightly from their peak of 7.3% in 2007, Vanguard finds.

The firm will compensate certain clients for a proxy voting error the firm made in connection with the leveraged buyout of Dell, Inc. in 2013. 

The investment management firm notes that nearly 40% of working households do not have access to a retirement plan.

New research from Spectrem Group highlights a perplexing fact about financial altruism: Those with less saved are likelier to want to use their wealth to help others.  

It’s not just a U.S. phenomenon: longer lives and the rise of defined contribution plans are creating a global need for deeper knowledge about personal savings and investing. 

Those with 100% of their portfolio in a target-date fund are the least likely to exchange funds.