401(k)

Displaying 1795 results

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Two new 401(k) lawsuits and one big settlement

VALIC and Associated Bank were sued recently over their retirement plans, while a long-running case over losses in Valeant Pharmaceuticals stock in DST Systems' plan was settled for a total of $79 million in three separate agreements.

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Target-date fund 2020 sales in red as CITs rose, older workers fled: Report

Overall, the retirement savings products bled $6.7 billion, marking the first such instance of negative net sales since Morningstar began tracking them in 1994, the ratings and research firm reported this week.

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Savers snub taxable brokerage accounts, lack of advice is culprit: Report

The majority of U.S. households, even those that save and invest diligently, place the bulk of their investible assets in tax-deferred retirement accounts and bank accounts, while ignoring 'middle liquidity' options, the report published by Hearts & Wallets notes.

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The future of 401(k) plans, as industry leaders see it

The business is complex and competitive, and it is changing rapidly, industry leaders noted at several InvestmentNews events

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What elite RPAs think about PEPs

Pooled employer plans, or PEPs, could dramatically change the 401(k) business, but only if employers decide to adopt them.

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DOL tells 401(k) sponsors how to find ‘missing’ participants

That guidance comes years after it was requested by industry groups. The Department of Labor regularly investigates employers for the issue of missing participants, but until now it hadn't provided clear steps on how to remedy the problem.

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Hub International acquires Alpha Pension Group

Boston-based Alpha is a retirement consulting firm with 572 clients and about $2.9 billion in assets.

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Remote workers more likely to open managed accounts: Morningstar

The Morningstar study examined saving, investing and wealth differences between typical in-office employees and remote workers. The latter tend to be older and more highly compensated, both of which correlate with different investing habits.

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Surprise! Mutual fund revenue sharing makes 401(k)s more expensive

Revenue sharing fees ultimately make retirement plans more expensive, and funds that include them are disproportionately favored on plan menus, a recent academic paper found.

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Vestwell files as PEPs provider

Fintech and digital record keeper Vestwell is among about three dozen firms that have registered as pooled plan providers with the DOL, but the firm does not yet have information on pricing and plan design for a potential PEP product.