It is common for companies to have both defined contribution (DC) and defined benefit (DB) plans, but inconsistencies between them can lead to poor investment results and fiduciary...
Light on retirement savings and burdened with student debt, African Americans continue making financial progress, according to the follow-up to Prudential’s 2011 study.
Cetera Financial Group has debuted an unbundled, open architecture solution for advisers who serve as 3(21) fiduciaries to offer more customized advice to plan sponsors.
The financial services industry has to do a better job of helping people meet retirement goals, said Laurence Fink, chairman and chief executive of BlackRock.
The Wilshire Trust Universe Comparison Service (TUCS) Spotlight found little difference between large and small plans’ total performance levels in 2012.
Americans are on track to replace 61% of their current income in retirement, according to the third annual Lifetime Income Survey by Putnam Investments.
Only 30% of 401(k) plan participants said they “paid attention” to the fee disclosures they received last year, according to the quarterly Wells Fargo/Gallup Investor and Retirement Optimism...