The University of California, Berkeley economics department chair discusses the role of “decision science” in improving participant decisionmaking and closing the retirement income gap.
“The main impact of Tibble vs. Edison in my view is that it’s a good reminder that plan sponsors need to sharpen their pencils and look once again at...
An analysis from Aon Hewitt suggests there’s an opportunity for retirement plan participants to be more proactively involved with their accounts and improve long-term savings.
Lincoln Financial Group’s retirement plan services business made two additions to its institutional retirement distribution team focused on the government plans market.
Jesse Gelsomini, a partner in Haynes and Boone LLP specializing in employee benefits, feels the Supreme Court decision in Tibble v. Edison has strengthened the ongoing duty to monitor...
A new savings plan option for employees of small businesses will be available in 2017 through a retirement marketplace being set up in the state of Washington.
An annual study from Judy Diamond Associates, ALM’s retirement plan intelligence provider, shows 54,493 401(k) plans failed their 2013 Internal Revenue Service (IRS) nondiscrimination tests.
A decision from the Supreme Court of the United States seems to solidify the “ongoing duty to monitor” investments as a fiduciary duty that is separate and distinct...
A new paper from the Defined Contribution Institutional Investment Association outlines best practices for promoting retirement readiness in the defined contribution plan context.
Some industry providers have suggested a recent Internal Revenue Service publication goes against prior guidance on documentation requirements for hardship loans and withdrawals, but others disagree with that...
The proposed conflicted investment advice rule from the DOL is designed to protect retirement plan and IRA participants, but experts attending the ASPPA Virtual Conference aren’t sure the...
An even simpler enrollment process helped drive up retirement plan participation rates and positive participant behaviors, according to Bank of America Merrill Lynch.