InvestingOctober 21, 2016
They also expect the Federal Reserve will raise rates by year-end.InvestingOctober 20, 2016
Some providers are encouraging a type of hybrid approach, bringing together the best of both TDFs and managed accounts. ProductsOctober 20, 2016
Prudential reduces fees on mutual funds; Beaumont Capital Management releases smart beta series; and Ivy launches NextShares exchange-traded managed funds.InvestingOctober 19, 2016
A report from Department of Financial Services Superintendent Maria T. Vullo says actions of the New York State Comptroller are in contrast to other state pension managers which have reduced or eliminated similar investments.InvestingOctober 18, 2016
Forty-five percent of households headed by Millennials held their funds only through employer-sponsored retirement plans, according to the Investment Company Institute.ComplianceOctober 18, 2016
A federal judge found that allegations regarding the assessment of excessive fees from which defendants stood to gain are sufficient to support the inference that the process used to select and maintain the plan’s investment options was “tainted by failure of effort, competence, or loyalty.”InvestingOctober 17, 2016
In addition, the approaching deadline for money market funds to comply with new regulations caused an even greater bifurcation among taxable money market funds, Strategic Insight reports.MagazineOctober 14, 2016
Retirement plan sponsors can help by including spouses and partners in educational events.MagazineOctober 14, 2016
Deals and PeopleOctober 14, 2016
The average 401(k) plan account balance of the consistent participants grew at a compound annual average rate of 15.5%, from 2010 through year-end 2014, to $130,493.
AXA appoints divisional VP for tax-exempt retirement plan market; Integrated Retirement partners with Advaney Associates on participant communications; Connecticut Treasurer appoints new deputy CIO for Connecticut Retirement Plans and Trust Funds; and more.