News Archives | Page 58 of 2527

Products | September 1st, 2021

Newer Retirement Plan Providers Tout Their Value Proposition

Using cost-effective digital platforms, a new generation of retirement plan providers strives to offer big-plan service to sponsors of small plans and those without a plan.

Participants | September 1st, 2021

Plan Sponsors Should Eliminate Jargon in Their Communications

Participants shared with Empower the simple, direct retirement plan terminology they would prefer.

Benefits | September 1st, 2021

Social Security to Run Out of Money Sooner Than Previously Expected

To avoid depletion, payroll taxes will need to be increased, benefits cut or both, and waiting will mean larger changes will be necessary, the Social Security Board of...

Investing | August 31st, 2021

SDBA Balances Increase in 2021

Most participant assets were held in equities, followed by mutual funds.

Data and Research | August 31st, 2021

Sponsors Can Help Participants Incorporate a Financial Timeline to Reduce Debt

Experts say analyzing finances and creating a plan will likely help workers with their personal debt.

Data and Research | August 31st, 2021

State and Local Government Workers’ Annuity Preferences

Virtually all state and local workers are offered a single- and joint-life annuity, while about 40% are offered a period certain annuity and about 30% can select a...

Products | August 30th, 2021

Transamerica Releases Retirement Plan Exchange Platform With UBS

The exchange is primarily geared toward small and midsized businesses and will be available solely through UBS Financial Advisors.

Data and Research | August 30th, 2021

Supporting Black and Latinx Workers With Income and Retirement Needs

Employers can take steps to alleviate financial concerns for underrepresented employees and make it easier for them to save in a retirement plan.

Compliance | August 30th, 2021

New SEC Adviser Says Consumer Protection is Top Priority

Barbara Roper, who is known for her extensive work on financial services consumer protections as a leader of the Consumer Federation of America, is becoming a senior adviser...

Deals and People | August 27th, 2021

Retirement Industry People Moves

Rebalance hires retirement services director; Cuna Mutual Group selects new leadership; and TRA adds regional sales consultant.

Compliance | August 27th, 2021

Chamber of Commerce Says Cookie-Cutter Excessive Fee Suits Harm Participants

After pointing out the flaws in excessive fee allegations and what it says is the real motivation for the lawsuits, the agency asked the court in a case...

Data and Research | August 27th, 2021

GAO Makes Recommendations to Help Participants Better Understand Fee Disclosures

The agency found 45% of participants are not able to use the information they are given and 41% erroneously believe they don’t pay any fees.

Benefits | August 26th, 2021

Essentials to Limit Loans and Hardship Withdrawals

Plan sponsors should educate their employees about distributions, and they can help their workers set up emergency savings accounts to avoid tapping into retirement funds.

Products | August 26th, 2021

Investment Product and Service Launches

Vanguard adds active equity funds to Personal Advisor Services solution, and John Hancock introduces mortgage-backed securities ETF.

Benefits | August 26th, 2021

As Delta Concerns Grow, Workforces Are Rethinking Open Enrollment

The new variant is causing some employers and employees to reconsider their priorities for 2022 benefit selections.

Deals and People | August 25th, 2021

Industry Ripe for Development of Retirement Income Products and Solutions

David Blanchett, QMA’s newest managing director and head of retirement research, talks about the growing importance of retirement income solutions in DC plans and other investment menu considerations...

Compliance | August 25th, 2021

A Reminder of What IRS Examiners Will Look for Regarding NQDC Plans

An updated audit technique guide discusses the doctrines of constructive receipt and economic benefit, as well as IRC Section 409A, to explain when NQDC deferrals are included in...

Compliance | August 25th, 2021

Retirement Plan Sponsors Have Ultimate Responsibility for Operational Compliance

Indemnification clauses in service provider contracts, PEPs and 3(16) administrators can reduce plan sponsors’ fiduciary burden, but none offer complete protection, attorneys say.

Products | August 24th, 2021

Franklin Templeton Partners With Stadion to Offer Personalized Managed Accounts

The growing trend toward personalization in retirement accounts motivated the partnership between the two firms, Todd Lacey, with Stadion, tells PLANSPONSOR.

Data and Research | August 24th, 2021

DB Plans and Social Security Are Wealth Equalizers

A study finds the programs are substantial resources for Black and Hispanic families and adding them into wealth considerations lowers the racial wealth gap, which researchers say shows...

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