Tag: Plan design

I was in London for a few days last week. 

Mutual of Omaha’s Retirement Plans Division will begin using Fiduciary Investment Reporting Manager (FiRM), which generates detailed investment comparisons for retirement products.

An Aon Hewitt study found that participation in defined contribution (DC) plans has reached a record high of 75.8% among eligible employees.  

The headlines last week were all about how new legislation had been introduced to cut down on the “leakage” from 401(k) plans. 

Research from Vanguard shows that defined contribution plan participants younger than 30 have higher equity allocations than other generations had at the same age.

The Institutional Retirement Income Council (IRIC) has developed a scorecard that can evaluate the suitability of a retirement income strategy as an investment option within an employer-sponsored defined...

An Aon Hewitt report highlights how loans, hardship withdrawals, and cashouts can be detrimental to retirement savings.

In its 2011 Defined Contribution Survey, BlackRock asked plan sponsors and participants to describe the allocation of responsibility they see in retirement plans.   

Workers will be limited in tapping their 401(k) retirement plans for loans under legislation introduced by Senators Herb Kohl (D-WI) and Mike Enzi (R-WY).

On average, defined contribution plan participants include 5.3 funds in their accounts in 2011 - nearly double what they had in 1996, according to a Spectrem study.

The Principal Financial Group found that plans who start auto-enrollment at a 3% deferral rate have a lower average deferral rate than plans without an automatic enrollment feature.

Three things every adviser (and provider) wishes plan sponsors understood about recordkeeping conversions:  

Politicians have always been fond of second chances. 

Newkirk has been acquired by DST Systems, Inc., a provider of technology and services to clients in financial services, health care and other industries. 

Millennium Brokerage Group launched Physicians 401k, a multiple employer plan (MEP) designed for physicians and their practices.

It should come as no surprise that the vast majority of plan sponsors who have adopted automatic enrollment have chosen to default that initial deferral at 3%...

Nearly 83% of sponsors in a recent survey said participants are at least satisfied with retirement planning tools available to them; however, 79% also said participants do not...

CPI Qualified Plan Consultants, Inc., added the Westcore Funds family of mutual funds to its retirement plan platform.

The answer to this question will vary from adviser to adviser, but no matter whom you ask, it is hardly ever a matter of “yes” or “no.”   

Beginning in April, plan sponsors will be able to produce plan menus that provide access to 20 strategies internally managed by Hedgeable.