Defined Contribution Plans

Displaying 992 results

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PlanMember Financial and Newport Group launch PEP

Newport will serve as the pooled employer plan provider and PlanMember will supply 3(38) fiduciary investment services.

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Wave of PEPs hits the market

In the past week alone, at least three PEPs have been announced. Those include plans from American Trust, Access Retirement Solutions and a new entity from venture capital firm Magis Capital Partners, Sallus Retirement.

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Retirement plan aggregator Captrust shores up wealth management business

With $600 billion in assets under advisement, Captrust has appointed a head of wealth management to lead the growing $24 billion under management business.

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DOL nominee Walsh raises concerns about Trump rule curbing ESG retirement investing

Walsh says he will tell EBSA to reexamine the regulation, which an expert says has led to ESG products being taken off of retirement plan platforms.

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DOL may extend exemption allowing Deutsche to manage retirement funds

The banking giant, which was convicted of wire fraud in connection with a Libor-rigging scheme, currently enjoys key rule exemption.

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Student loan debt linked to lower 401(k) balances

Across age, income and education levels, people who are still paying down college debt on average had much smaller defined-contribution plan balances and in some cases were less likely to own a home, according to a study from the Employee Benefit Research Group.

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Potential benefits clash in the workplace

Financial wellness programs depend on data about what workers need, but employees may have concerns about the privacy of their personal information.

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What Raymond James’ purchase of NWPS means for 401(k) industry

The firm's acquisition of the record keeper may be a harbinger for other distributors. Does Raymond James see opportunities to monetize participants in retirement plans, especially given the launch of pooled employer plans?

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Solving for retirement security: Lessons from the DC institutional market

Future innovations in DC plans will come as much from retirement plan advisers and their clients as from the institutional market.

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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.

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Financial wellness is winning 401(k) plan business

The strategy is seen as an opportunity to help train younger advisers and prospect for wealth management clients.

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Workplace wellness: getting physical and fiscal

Combining financial wellness with traditional wellness programs can highlight their value, according to guests at a recent RPA event.

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Broker-dealers on getting annuities into 401(k) plans

Guests at the RPA Convergence Broker-Dealer Roundtable and Thinktank say it might be a while before annuities are used in many plans.

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401(k) record keepers bullish on post-COVID opportunities

Industry consolidation, financial wellness, data and new ways to work in the pandemic reality were among things on attendees' minds at the latest RPA event

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Why some 401(k)s seldom change providers

Record keepers lament the tendency for many plans to stay put, but big 401(k)s are often priced so low that no one bids for them

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Vestwell, Envestnet partner to create turnkey retirement plans

Record keeping will be done by Vestwell, investing by Envestnet

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401(k) lawsuits explode in 2020

New cases were filed against employers, and insurers have tamped down limits on fiduciary liability coverage

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401(k)s warming to rainy day savings, student loan features

While the majority of plans don't include such options, employers have become more receptive to financial wellness, according to new research

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Labor Department sends fiduciary rule update to OMB

Approval may be moot as the new administration could easily quash it