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Russell Investments has launched LifePoints Funds, Target Distribution Strategies, a series of multi-manager funds designed specifically for the decumulation phase.
April 15 -
Gen Xers are stressed out about the prospect of retirement, with only 31% of them believing they will be able to retire from the workforce.
April 14 -
Mike Henkel, the former president of Ibbotson Associates, has joined Envestnet as managing director of the firms new retirement services group.
April 14 -
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Consumer confidence in the economy, including stocks, bonds, mortgages, credit cards and structured products, is dropping, but experts say consumers need to stay invested in a fully diversified portfolio of mutual funds for their own good and for the good of the economy.
April 14 -
John Hancock Retirement Plan Services is expanding its team that services third party administrators and shifting personnel to strengthen this move.
March 25 -
The Supreme Court has ruled that participants in 401(k) retirement plans can sue their providers for losses if their instructions are ignored or their account is mismanaged.
February 22 -
MIAMI - As the burden of responsibility for retirement planning continues to shift toward the individual, investors should be cautious about "fast analysis" investment advice, a top financial executive said Tuesday.
February 19 - Teachers Group Creates 403(b) Plan Blueprint: Toolkit Helps School Administrators Adjust to New Regs
The huge burden of meeting new Internal Revenue Service retirement plan regulations just got a lot easier.
February 11 -
Average investors are getting cheated out of thousands of dollars in earnings for their 401(k) plans by hidden fees and expenses, according to Bloomberg.
February 6 -
The Baby Boomer generation is once again taking credit for saving the economy, according to Reuters.
February 4 -
UBS Global Asset Management and Genworth Financial plan to introduce a guaranteed income for life option for 401(k) participants.
January 28 -
As traditional pension plans are increasingly being replaced by defined contribution plans, retirement income plan providers will need to adjust their tactics in order to keep up with the ever-changing retirement landscape.
January 21 -
The Department of Labor's proposed rules on 401(k) disclosure are insufficient, claim critics who say the disclosure isn't to the right people.
January 4 -
NEW YORK-Millions of Americans will be looking for 401(k) investment advice as they prepare for retirement, but until gaps are filled in relation to conflict-of-interest liability, most 401(k) administrators and sponsors will remain reluctant to offer guidance.
December 10 -
Although the Pension Protection Act permits 401(k) fund administrators to give advice to participants as long as fees collected from the advice remain constant, no matter what the investment choice, it doesnt address the problems that arise when the advice steers investors into funds run by the 401(k) administrator itself, The Wall Street Journal reports.
December 5 -
A U.S. Supreme Court case of a 401(k) investor from Dallas who claimed his employer failed to execute an order, costing him $150,000, may pave the way for lawsuits by individual investors, rather than class-action suits.
December 3 -
Employers and employees at small businesses don't see eye to eye when it comes to 401(k)s, according to a Harris Interactive survey commissioned by ShareBuilder Advisors, a 401(k) administrator that specializes in serving small companies.
November 26 -
The Department of Labor has decided not to include stable-value funds as one of its recommended default options for 401(k) plans under the Pension Protection Act. Instead, the DOL is advocating balanced funds, lifecycle funds and a professionally managed, diversified portfolio as the default choices.
October 29 -
While most 401(k) investors hardly give a thought to employer matches-and even employers usually don't promote them heavily to employees-an innovative investment solution from Barclays Global Investors of San Francisco specifically designed for company matches might finally generate some interest in this neglected company perk.
October 22