Tag: collective investment trusts (CITs)

403(b) plan sponsors face unique challenges when complying with certain SECURE 2.0 provisions, such as long-term, part-time rules and joining...

Options such as collective investment trusts and institutional separate accounts have gained traction in recent years.

After a hearing on Wednesday, the committee seeks feedback on several legislative proposals, including one that would allow 403(b) plans...

The Retirement Fairness for Charities and Education Institutions Act of 2025 was reintroduced by a bipartisan group of senators and...

Great Gray trust and two law firms have sent letters to U.S. Senators pressing for them to pass a bill...

Six investor advocacy groups wrote that allowing 403(b) plans to invest in collective investment trusts would put the ‘most vulnerable’...

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.

The introduction of the bill comes after a similar proposal was passed by the House of Representatives on March 8. 

Fees for mutual funds in defined contribution plans have declined about 60% this century, according to a new ICI report,...

Collective investment trusts are overtaking mutual funds in 401(k) plans, according to new research from Cerulli; however, barriers to adoption...

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.

GAO reports that the DOL does not offer adequate guidance on how to interpret differences across TDFs.

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.

Target-date-fund collective investment trusts continue to accumulate assets, finds Morningstar in its target-date strategy landscape report.  

TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...

Empower is working with asset managers and insurance companies to launch a new lineup of products to convert savings into...