401k

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Plan Sponsors Getting Big Fines From DOL

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New DOL audits find that 70% of retirement plans they examined are not up to snuff; fines yielded $1.05 billion in 2010.

401(k) Rollovers A 'Vast Opportunity' For Financial Advisors

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According to Cogent Research, 43% of the people who are planning to rollover money from 401(k)s or other employer sponsored benefit programs to an IRA during the next 12 months will work with a...

'First And Ten' Retirement Strategy Urged

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Football season may be over but a Legg Mason retirement council is still advising employees, especially younger ones, to implement a "first and ten" strategy to position themselves for a healthy...

Younger Investors Reluctant To Invest In IRAs, Survey Says

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Market and economic uncertainty may have prompted many Generation X and Y investors to hesitate over whether they should invest in a retirement account this tax year, according to a new survey...

Treasury Eases Rules On Offering Annuities In Retirement Plans

The U.S. Treasury Department will help expand the availability of annuities and lifetime income choices in retirement plans, the agency said today.

New 401(k) Fee Rules WIll Give More Power To Clients

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If knowledge is power, employers and employees are about to become more powerful in administering retirement plans such as 401(k)s as new federal regulations demanding more transparency for fees...

Economists Love 'Em, Clients Hate 'Em

by Dan Moisand

Financial advisor Dan Moisand explores why immediate annuities make sense to economists and reveals a reason why clients don't like these products.

Retirement Fund For Youngest Workers Offered

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Vanguard has launched a target date fund directed at the youngest members of the work force who will not be retiring until about 2060.

401(k) Portfolios Regain Their Balance

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Participants in 401(k) plans are moderating their holdings, shown by a drop in the numbers of people holding almost all equity funds or having no equity funds, a new report says.

High-Income Clients Save More With These Underutilized Retirement Plans

by Jerilyn Klein Bier

Financial advisor clients potentially could be socking away more than $100,000 a year tax-deferred with this kind of retirement plan...

MFS Expands Defined Contribution Investments Sales Team

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Peter Barron and Murray Cleaner join MFS as DCI Specialists.

Victoria's Secret: Organic Cotton Produced With Forced Child Labor

Forced child labor is used to pick fair-trade, organic cotton on African farm for Victoria's Secret underwear.

More Companies Restoring Employee 401(k) Contributions, Survey Says

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U.S. companies are restoring plan contributions that were suspended or reduced since the beginning of 2008, says a new study.

Year-End Tax Plans Focus On 2012 Rule Changes

Year-end tax planning for U.S. taxpayers may be more about what Congress will do next year to reduce the national debt and improve the economy.

Biggest Polluters Hold Up Deal At UN Global Warming Talks

China, the U.S. and India, the three biggest polluters, maintained resistance to a time line leading to the next agreement on global warming.

Advisors See Opportunities In 401(k)s

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Investment advisors increasingly want a bigger piece of the pie in the 401(k) plan management business, according to Cogent Research.

Few Small Businesses Can Provide Employee Retirement Plans

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Small businesses owners believe Americans unprepared for retirement, but 75% don't offer 401(k) or other retirement plans, says a new survey.

Lincoln Trust Company Acquires Regional Retirement Benefit Firm

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Lincoln Trust Company completes acquisition of Fringe Benefit Administrators.

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