Retirement

As the White House kicks off its Conference on Aging this week, one financial services vendor is launching a new education program for its plan sponsor clients focused on creating greater awareness of the nation’s aging population.

Have you seen those new BrokerCheck commercials on TV? With the help of these commercials, FINRA, the Financial Industry Regulatory Authority, would like to motivate anyone looking to hire a financial adviser to visit its BrokerCheck website first to vet candidates.

It’s no surprise that health care costs are continuing to rise and while employers remain committed to providing benefits, many are re-evaluating their benefit strategies.

Commentary: Delivering fee disclosure notices to both plan sponsors and plan participants has helped some plan sponsors to lower their costs, but the various fee disclosures are still difficult for many to understand. With such a national focus on fees, some plan sponsors have taken the opportunity to review and rethink how they handle plan fees.

Failure to identify all retirement plan fiduciaries is just one common mistake employers make that can lead to trouble.

There are more ways for defined contribution plan participants to gain access to professional investment management than by defaulting them into target-date funds or using a separately managed account.

Retirement assets in the U.S. jumped to nearly $25 trillion in the first quarter of 2015, a 1.3% jump from $24.6 trillion at the end of the year.

Not only are 403(b) retirement plans diversified, but the average cost of offering them is slowly decreasing.

What kind of employee takes advantage of the chance to select from potentially thousands of investment options available through a 401(k) brokerage account?

Plan sponsors can choose from three outside providers: Mesirow Financial, Morningstar Associates and Wilshire Associates.