401k

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Empower To Buy Prudential's $3.55B Retirement Plan Business

by FA Staff

The acquisition will boost Empower Retirement's participant base to 16.6 million.

TIAA-CREF To Pay $97 Million To Settle N.Y., SEC Fee Probes

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Regulators accused the firm of steering retirement account clients into investments with high fees.

TIAA-CREF To Pay $97 Million To Settle N.Y., SEC Fee Probes

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TIAA allegedly pushed customers to move assets from retirement plans to individual accounts that generated higher fees.

Smart Strategies To Beat Biden's Tax Hikes

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It's hard to anticipate tax changes, but these moves might help your clients keep ahead of tax legislation in the Biden era.

SCOTUS To Hear Pivotal 403(b) Participant Lawsuit Over Excessive Fees

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A Northwestern 403(b) plan's use of retail mutual fund share classes, not lower-cost institutional classes, is challenged.

State Auto-IRAs Actually Seem To Spur Private-Market Plan Creation, Pew Finds

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The study contradicts fears of a creeping state takeover of private 401(k) plans.

Time Running Out For SECURE 2.0 Passage This Year, State Street Exec Says

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The bill would raise the mandatory age for RMDs and automatically enroll some workers in retirement plans.

Morningstar, DFA To Launch Managed Retirement Account Service

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The service, which the firms expect to roll out this fall, offers four diversified managed account portfolios.

Some Advisors Stop Giving Rollover Advice Due To DOL Rule Complexities

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ERISA experts say that other advisors are underestimating the complexities of the new fiduciary rule.

Why Most Retirements Come At A Disadvantage

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Meme-stock and crypto crazes may be a symptom of inequalities among investors, writes Shuli Ren.

Schwab Survey Shows Worker Optimism In Achieving Retirement Goals

by FA Staff

401(k) participants said the Covid crisis has changed the way they approach saving and spending.

Investors Regret Selling Stocks At Start Of Pandemic, Survey Says

by FA Staff

Pulling out of the market will make it harder for Americans to save for retirement, the report said.

Even Doing Nothing Paid Off For Retirement Savers In 2020

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Most people don't actively make trades or even change the mix of investments in their retirement accounts.

PGIM Hires Morningstar's Retirement Research Chief

by FA Staff

David Blanchett will serve as a company managing director and head of retirement research.

Demand For Guaranteed Retirement Income On The Rise, BlackRock Finds

by FA Staff

Advisors also are warming up to annuities, the BlackRock survey says.

Bill Would Allow Annual Penalty-Free $1,000 Withdrawals From 401(k)s, IRAs

by FA Staff

The bipartisan proposal is designed to give Americans more access to emergency funds.

Surge In Early Retirements Exposes Inequalities Among U.S. Baby Boomers

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The Covid-19 health crisis has put the spotlight on the haves and have-nots of early retirees.

New Fin-Tech Helps Advisors With Retirement Plans

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401KInABox provides assistance in advising employers, the creator said.

Variable Annuity Investors Outperform Their Mutual Fund Counterparts, DALBAR Finds

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The average equity VA subaccount investor outperformed the average equity mutual fund investor over 20 years.

Retail Traders Are Now Parking Their Cash In Boring Stock ETFs

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The trend indicates a lack of enthusiasm for any specific sectors or companies, analysts say.

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