401(k)

As defined in the new rule, investment advice includes providing investment or investment management recommendations to an employee benefit plan, plan fiduciary, participant or beneficiary, or an IRA, health savings account, or education savings account owner.

As employers structure their workplace programs, here are three strategies to consider that can better equip employees with the tools they need to succeed.

Despite the efforts of the retirement industry, many baby boomers haven't taken to the variety of savings products available, according to the latest research.

Employers and advisers are urged to increase financial education so employees understand the pros and cons of tapping into their 401(k) plans for purposes such as paying off credit card or student loan debt.

Volatility fears are one reason many members of this generation haven’t taken to the variety of retirement savings products available.

Plan sponsors and advisers are still able to provide generic facts about retirement savings and 401(k) plans without being subject to the DOL’s new rule.

Advisers can help employers pay close attention to these items to avoid catching the eye of the DOL.

While benchmarking 401(k) plan investments and fees is important, new research suggests employers and their advisers aren’t doing enough to measure workers’ retirement readiness.

Plan sponsors should stand their ground to discourage plaintiffs from pursuing more lawsuits, says one expert.

Plan sponsors are urged to increase financial education so employees understand the pros and cons of tapping into their 401(k) plans for purposes such as paying off credit card debt.

Lawsuits can’t be avoided, so advisers should focus on helping clients improve their processes, one expert says.

The DOL’s impending fiduciary rule will accelerate employers’ move toward vetting for experienced brokers, one expert says, adding that a formal process would help plan sponsors better spot suitable firms.

Regardless of what the final Department of Labor regulations say about fiduciary responsibility, sponsors should not hire or continue to work with an adviser who will not sign on to the plan as a fiduciary.

While benchmarking 401(k) plan investments and fees is important, new research suggests employers and their advisers aren’t doing enough to measure workers’ retirement readiness.

The DOL’s impending fiduciary rule will accelerate employers’ move toward vetting for experienced brokers, one expert says, adding that a formal process would help plan sponsors better spot suitable firms.

Ted Benna, who was instrumental in designing early 401(k) plans, comes out of retirement to help small and mid-sized businesses determine whether they’re getting their money’s worth from plan charges.

Why investment committees should be having discussions about environmental, social and governance criteria, a subset of socially responsible investing.

Ted Benna, who was instrumental in designing early 401(k) plans, comes out of retirement to help small and mid-sized employers determine whether they’re getting their money’s worth from plan charges.

From fiscal assessments to a campaign to help employees shed their personal debt, the firm's program is all-encompassing.

Why investment committees should be having discussions about environmental, social and governance criteria, a subset of socially responsible investing and an area of growing interest among employees.