Healthcare

Although Millennials have been called everything from "innovative" to "entitled," the recent "Stress in America" study from the American Psychological Association has different label for them: Stressed.

It’s getting a lot of press. “It” is the provision in the recently passed American Taxpayer Relief Act of 2012 that now allows participants in 401(k) plans to convert existing traditional 401(k) balances to Roth 401(k) balances.

Participant guidance, advisor relationships and regulatory environment drive success in the below $50M market

Insurer Boasts 2% Average Fees on Annuity Assets.

What do plan participants say they need to make better use of their retirement? Some answers, from a recent State Street Global Advisors survey, offer insights that can help advisers work with their clients on member education efforts.

Probably you. The Securities & Exchange Commission (SEC) is moving forward in its quest to define who is a fiduciary for various client/adviser transactions.

New York City’s police pension won’t sell about $10 million in gun-related holdings, the president of the biggest officer union says.

Express Scripts, however, says the decline was offset by an 18.4% rise in spending on specialty medications. The aggregate trend for 2012 was a bump of 2.7%, similar to that of 2011.

Many employer plan sponsors are expressing a high level of interest in adding Roth 401(k) in-plan conversions as an option to their 401(k) plans in 2013. The recently passed Taxpayer Relief Act of 2012 made it possible for retirement plan participants to convert existing 401(k) plan balances to Roth 401(k) balances, whether or not the participant is distribution eligible.

The challenges confronting many retirement plan advisers are familiar.