Managed Accounts: Next Up for Reform?
The recent GAO report on 401(k) managed accounts raised some pretty serious questions about their worthiness.
Supreme Court Examines Company-Stock Retirement Plans
Fifth Third Bancorp v. Dudenhoeffer could open the door for more lawsuits aimed at companies offering their own stock in 401(k)s.
Boomer Brain Drain Has Nonprofits on Edge
A report from the Plan Sponsor Council of America found nonprofits are expecting to lose at least 10% of their work force to retirement.
Americans to Congress: Hands Off Our Retirement Accounts
A survey released by the Coalition to Protect Retirement found 87% of Americans think retirement accounts should be “off limits” to Congress.
403(b) Plans Are Ripe With Opportunity for Advisors
The public-sector pension crisis could help boost the profile of the only other retirement savings vehicle that governments, schools and public hospitals can rely on to help employees save for retirement.
403(b) Plan Contributions Rising
Plan sponsors and participants in 403(b) plans increased their contributions to retirement plans in 2012, according to the Plan Sponsor Council of America.
11 Senators Unite on Resolution to Protect Retirement Tax Incentives
With fiscal cliff negotiations putting tax incentives for retirement savings potentially on the chopping block, 11 senators have voiced their support for the employer-based retirement system by joining forces on a Sense of the Congress resolution.
Advisors Wanted: 403(b) Plans Need ‘Modernizing’
Aaron Friedman of Principal Financial says that in areas like investment options, investment policy statements and participant education, advisors have a role to play in “modernizing” 403(b) plans.
Allow E-Disclosures, Retirement Plan Coalition Urges DOL
On Tuesday, a coalition of interested parties took to their pens to urge the Department of Labor to allow plan sponsors to make required disclosures electronically.
Big Opportunity in Small 403(b) Plans
Aaron Friedman, national nonprofit practice leader for the Principal Financial Group, says it is the smaller plans that have not refined their investment lineups or matched the level of participant education where advisors can add the most value.