Tag: Investing

A lawsuit filed against JP Morgan Chase in New York levels a series of allegations that are by now very familiar to retirement industry professionals. 

The complaint alleges that defendants “reaped significant fees and profits at the expense of the plan and its participants.”

A federal court rejected Franklin Templeton's arguments that the plaintiff in the case failed to state a claim.

U.S. District Judge Victor A. Bolden first determined that Prudential was not a fiduciary with respect to the lawsuit’s allegations.

The case questions the hotel chain's 401(k) plan fees and investment choices.

Broadridge identified three trends driving change in the retirement industry that it says will remain regardless of what happens to the DOL fiduciary rule.

Institutional investors worldwide are expecting to make many asset allocation changes in the next one to two years, according to the new Fidelity Global Institutional Investor Survey. 

Advisers can use suggestions from Willis Towers Watson to engage DB clients in thinking about investment actions in 2017.

PGIM offers suggestions for helping pension plan sponsors manage longevity risk.

Women are more worried about their finances and willing to work with advisers.

Account balance reallocation activity was little changed and contribution reallocation activity was slightly lower compared with the same time frame a year earlier, ICI found.

One-third saving for retirement expect the election results will negatively impact their nest eggs.

The case had been remanded back to the appellate court after the Supreme Court's decision in Spokeo, Inc.v. Robins.

However, Aon Hewitt data shows new contributions continue to favor stocks, with 65.7% of employee contributions investing in equities—a slight increase from 65.6% in August.

More than half (55%) of the DC plan advisers surveyed by Ignites Retirement Research either plan to, or are very likely to review the mutual funds used in...

The lawsuit notes that the plan's fiduciary ignored multiple suggestions to hire a professional to manage the plan's investments.

A traditional 60/40 portfolio is up more than 7% so far this year, while a conservative 20/80 portfolio remains up almost 10% through the first three quarters of...

The SEC recently weighed in on whether offering a brokerage window in a 401(k) through which investments in employer securities can be made involves an offer of employer...

However, participants mostly stayed put, as trading activity was very low.