U.S. Corporate Pension Funding Remains Largely Unchanged in January
Funding levels improved most for pension funds that have significant weighting towards equities, said Agilis.
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529 and ABLE Account Market Tops $410 Billion
In Q4 2022 the number of tax-preferred education savings and prepaid accounts rose to more than 16 million.
Corporate Pension Funding Marginally Retreated From Levels To End 2022
December equity performance reduced pension funding levels from highs earlier in the year.
Morgan Stanley Expands Robo-Advising Tech with Blooom Purchase
Morgan Stanley grows its retirement offering with purchase of 401(k) robo-adviser Blooom's technology. Former Blooom customers are back in the hands of their recordkeepers.
Struggling Teamsters Pension Receives Close to a Billion Dollars in Assistance
The financing will allow the union pension to both satisfy monthly payments to beneficiaries and provide make-up payments.
Exploring ESG Investing: An ESG Path Forward
Asset allocators Zach Stein and Andrew Siwo discuss different approaches to ESG and sustainable investing .
Exploring ESG Investing: What Is ESG?
Environmental, social and governance investing is not what you may think.
Crypto Advocate ForUsAll Would Drop DOL Suit if Guidance Not Enforced
CEO David Ramirez says the firm will drop its lawsuit against the DOL so long as the agency confirms its warning on cryptocurrency does “not have the force...
October Was Another Light Trading Month For 401(k) Investors
Traders favored stable value funds, with outflows coming from target-date funds and company stocks.
Self-Directed Retirement Plan Participants Allocate Few Assets to In-Plan ESG Funds
Among do-it-yourself investors, allocation to ESG funds is ‘relatively modest when offered in the core menu,’ shows research paper from PGIM and EBRI.
Callan: DC Plan ESG Use Drops in ’22 On Backlash, Rule Confusion
A potential backlash on ESG investing along with confusion over DOL guidance led to a 14% drop in ESG implementation by institutional investors, including large pension and DC...
How Private Real Estate Investment Might Help DC Participants Hedge Inflation
Investment in the asset class is up 7.4% this year, an index shows, but few DC plan sponsors are offering it to participants, say industry experts.
Pandemic Era Stimulus Is Haunting the U.S. Economy
Bank of America analyst says outsized federal aid led to inflation and rate increases.
Promoting ESG Strategy and More Uniform Regulation Are Focus of Georgetown Panel
Speakers emphasized the distinctions between ESG and sustainable investments and the need for greater regulatory clarity between jurisdictions.
401(k) Trading in September Reflects Worst Month Since March 2020
Traders favored equities in the beginning of the third quarter as Wall Street posted gaining, but they preferred fixed-income funds in the quarter’s second half as stocks slid.
DC Plans Slow to Adopt ESG Options
Many plan sponsors remain hesitant to implement environmental, social and governance investing until the Department of Labor rules on the subject.
Wilmington Trust Launches CIT Onboarding Tool
The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts.
August 401(k) Trading Sees 2nd Lowest Trading Month
The latest data from Alight Solutions show two above-normal trading days in August, with investors favoring equities during 13 of the 23 trading days.
California Pension Fund Seeks to Halve Exposure to Carbon Emitters
CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.
Select 401(k) Balances Declined with Market in Second Quarter
According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 19% lower than a year ago.