Tag: collective investment trusts

The bill is part of a push by retirement industry leaders to allow 403(b) plans to invest using the cheaper...

June 2024 data from Morningstar show collective investment trust target-dates account for 50.5% of assets, surpassing mutual fund target-dates.

A lawsuit against the Pennsylvania-based company has alleged the plan’s recordkeeper fees were higher –than average and that the plan...

Plan sponsors may need additional time and processes to consider qualified default investment alternatives, as various TDFs, managed accounts and...

San Francisco-based software company seeks a settlement in lawsuits that alleged the 401(k) plan charged participants excessive fees.

The amended complaint against the Hess Corp. alleges Hess plan fiduciaries provided target-date mutual funds instead of collective investment trusts...

Despite net inflows to mutual funds in February, reversing the long-term trend of outflows is unlikely, according to analysts.

The Senate now needs to consider the bill that would also expand access to capital for certain businesses.

The legislation is a first step to allowing the lower-cost investments' use in nonprofits and school retirement plans.

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...

Voya officially launches dual QDIA; MassMutual introduces first sub-advised municipal bond strategy and selects sub-adviser; SEI signs on as trustee...

Speakers review what the wide-ranging retirement law means for higher education, nonprofit, health care and government employers.

Demand for collective investment trusts is growing across retirement plan market segments, according to a survey of defined contribution investment-only...

TIAA hired a senior consultant executive and promoted two others internally, positioning the company to grow distribution for guaranteed lifetime...

Nelson was appointed to replace Christopher Strickrod, who TIAA promoted earlier this year.

Spouting Rock Financial Partners debuted a new retirement-focused division.

Newly formed Collective Retirement Solutions taps Bill Higgins as MD; Ocorian promotes French to head of financial crime; Voya’s Penland...

A federal judge in Michigan allowed the lawsuit against Magna International to go forward while denying one of the defendants’...

Many claims from 2020 complaint were dismissed, leaving settlement subject to final approval at a September fairness hearing.   

A bill is planned to amend securities laws, close a SECURE 2.0 loophole and clear the way for CITs in...