Retirement benefits

Retirement plan sponsors need more clarity with QDIA regulations, says the Government Accountability Office.

The DOL’s proposed fiduciary rule presents complex challenges to advisers, clients and will exacerbate the savings crisis in America, NAIFA warned Congress Thursday — two weeks before the comment period on the controversial rule closes.

Non-government money market funds in 401(k) plans are likely to be institutional prime money market funds that will be affected by reform rules announced by the SEC.

Commentary: Complacency can be a dangerous strategy when it comes to defined benefit plans, says The Principal’s Mike Clark.

Employees are gaining confidence in their short-term finances but the majority is still not saving enough for retirement.

The retirement system continues to change, with close to half of all corporate DB plans now closed to new entrants.

Stock market swings reiterate need for ongoing retirement plan communication.

Target-date fund participants are more confident they’ll reach their retirement goals and have higher contribution rates than non-TDF user, survey finds.

Reducing cash-outs and stranded 401(k) accounts increases average account balances, a key industry metric for measuring retirement plan success.

Ron Shaw, retirement program manager for Paychex, focuses on the retirement readiness of the company’s young workforce.

Commentary: There are other much larger and offensive “holes” in the current disclosure that are more deceptive and allow more conflict of interest than DOL’s proposed BICE.

Commentary: We find our clients like having a guaranteed income, and they also like having buckets of income that start at different times and are taxed in different ways.

This year’s winners put special emphasis on health care cost transparency, financial wellness, private exchange adoption and face-to-face communications.

Americans express lower overall retirement confidence than in years past, but rank saving for retirement a top priority.

Commentary: Where do these fees go? There are a number of hands in the pot. Here are the three entities that collect on 401(k) fees.

Schwab’s Steve Anderson talks managed accounts, QDIAs and the increased attention to financial wellness.

Group pension buy-outs are usually seasonal, with the most activity happening in the fourth quarter, but industry analysts are seeing a trend toward more sales throughout the year.

While employees see the value in their 401(k) plan, many admit they don’t use it to its full advantage because of competing financial priorities.

Educational policy statements can be a valuable tool to help defined contribution plan sponsors and participants keep on track toward retirement outcome goals.

Commentary: But are financial professionals being adequately engaged to help with 403(b) plans? ‘Surprising’ results from the latest Plan Sponsor Council of America 403(b) Survey.