Pharmaceutical Product Development mismanaged its 401(k) plan, opting for costlier investments than necessary, plaintiffs say
The tax deadline has been moved to July, but that doesn’t necessarily mean clients should wait, Ed Slott says
Tens of millions of people who just lost their jobs may need to tap into their 401(k) accounts to make ends meet
InvestmentNews Chief Content Officer George Moriarty looks at how the pandemic has impacted investor demand for annuities
The pandemic should prompt discussions about long-term care and advance directives
Annual exclusion gifting, borrowing from life insurance policies and refinancing business loans are among the strategies that might prove useful currently for high-net-worth clients
The insurance giant allegedly violated ERISA by failing to rein in record keeping costs
Charges against the school's retirement plan related to fees echoed similar cases brought against other universities
During the first quarter volatility, self-directed plan participants were more likely to trade
When equity markets are up and the economy is running smoothly, it’s easy to overlook the value of the downside protection you get from investing in life insurance
Valuations might have peaked in the wake of the COVID-19 pandemic, but deals are still happening
More than half of millennials have recently lost their income, and almost no one is planning to buy a house, a report by Hearts & Wallets found
Retirement plan record keepers are lining up to help pilot savings programs that could run alongside 401(k)s
The payments present opportunities for scams, identity theft and low-tech crimes such as stealing checks from mailboxes
But an investor advocate sees the proposal as a ‘brazen effort’ to use the pandemic to promote the annuity sector
A plan participant claims the companies violated Erisa by failing to prevent a theft of more than $200,000 from her 401(k) account
Several factors are moving money out of plans, including provisions in the recently passed CARES Act
The regulator says Athene Holding Ltd. sold insurance in the state without a license
Survey shows 93% of advisers say clients have contacted them with concerns about their retirement plans
As the pandemic roils the financial markets, Americans increasingly seek the safety of guaranteed income as they enter their third act. But the rates and guarantees that have been selling points for annuities for years simply aren’t what they used to be.
