Retirement Planning

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Kodak to outsource oversight of pension investments
RETIREMENT RETIREMENT PLANNING FEB 29, 2024
Kodak to outsource oversight of pension investments

The company's move to disband its in-house team and shift the work to NEPC is being driven by the pension system's overfunding.

Robinhood wants gig workers' IRA business
RETIREMENT RETIREMENT PLANNING FEB 28, 2024
Robinhood wants gig workers' IRA business

The company announced an IRA that's available through Grubhub, Taskrabbit, and Gopuff.

Retirement savers finished 2023 on a high note, Fidelity says
RETIREMENT RETIREMENT PLANNING FEB 28, 2024
Retirement savers finished 2023 on a high note, Fidelity says

Three-quarters of eligible workers made contributions to their accounts amid near-universal inclusion of Roth options in workplace savings plans.

Pensions vital to solve brewing retirement crisis, says think tank
RETIREMENT RETIREMENT PLANNING FEB 28, 2024
Pensions vital to solve brewing retirement crisis, says think tank

Immediate fixes to crumbling workplace pension and Social Security systems required, report says.

MetLife and Fidelity partner for new retirement income solution
RETIREMENT RETIREMENT PLANNING FEB 27, 2024
MetLife and Fidelity partner for new retirement income solution

The partnership would make a guaranteed lifetime income product available to more US workers in their defined-contribution plans.

The price of New York Life's 401(k) lawsuit: $19M
RETIREMENT RETIREMENT PLANNING FEB 27, 2024
The price of New York Life's 401(k) lawsuit: $19M

The settlement is the latest among ERISA cases aimed at financial services companies.

Orion, DPL join forces to offer commission-free annuities to advisors
RETIREMENT RETIREMENT PLANNING FEB 27, 2024
Orion, DPL join forces to offer commission-free annuities to advisors

Users of Orion's tech platform will now have direct access to DPL’s tools for finding and comparing annuities.

Showing how good or bad luck shapes retirement lifestyles
RETIREMENT RETIREMENT PLANNING FEB 27, 2024
Showing how good or bad luck shapes retirement lifestyles

IncomePath software from Tamiko Toland and Michael Finke was inspired by the work of William Sharpe.

New Fidelity benefit aims to help relieve student loan burden
RETIREMENT RETIREMENT PLANNING FEB 26, 2024
New Fidelity benefit aims to help relieve student loan burden

The program enables employers to match workers' student loan repayments with contributions to their 401(k) accounts to help them save for retirement while paying down student debt.

Michigan workers could gain retirement lifeline with auto-IRA proposal
RETIREMENT RETIREMENT PLANNING FEB 26, 2024
Michigan workers could gain retirement lifeline with auto-IRA proposal

The state is the latest to move to fill the gap in employer-sponsored retirement programs.

Most near-retirees lacking in Social Security knowledge
RETIREMENT RETIREMENT PLANNING FEB 26, 2024
Most near-retirees lacking in Social Security knowledge

Quiz of 1,500 Americans exposes concerning gaps in what they know about retirement income and their estate planning readiness.

The case for PE in 401(k)s isn’t clear at all, new research finds
RETIREMENT RETIREMENT PLANNING FEB 26, 2024
The case for PE in 401(k)s isn’t clear at all, new research finds

There’s no correlation between pension plans’ use of private equity and their performance, Morningstar finds.

A future without 401(k)s? Advisors don't like that one bit
RETIREMENT RETIREMENT PLANNING FEB 23, 2024
A future without 401(k)s? Advisors don't like that one bit

401(k) accounts encourage workers to save, and changing the tax preferences could have a deleterious effect on retirement investing, advisors say.

Asset managers’ approach to DC plan advisors needs a rethink
RETIREMENT RETIREMENT PLANNING FEB 22, 2024
Asset managers’ approach to DC plan advisors needs a rethink

Retirement plan advisors who are ‘dabblers’ and ‘nonproducers’ need more than siloed coverage, Cerulli says.

Data shed light on how much 401(k)s pay advisors
RETIREMENT RETIREMENT PLANNING FEB 22, 2024
Data shed light on how much 401(k)s pay advisors

It's becoming less common to be paid through fund expenses, and compensation by large plans is going down, according to the 401k Averages Book.

BlackRock hires Goldman exec to head OCIO unit
RETIREMENT RETIREMENT PLANNING FEB 22, 2024
BlackRock hires Goldman exec to head OCIO unit

The outsourced chief investment officer industry’s business is expected to grow more than $10 billion annually over the next five years, according to Cerulli.

A government site for all your 401(k) data?
RETIREMENT RETIREMENT PLANNING FEB 21, 2024
A government site for all your 401(k) data?

The Government Accountability Office wants Congress to mandate a national 401(k) dashboard.

NAPA launches pioneering retirement income program for advisors
RETIREMENT RETIREMENT PLANNING FEB 21, 2024
NAPA launches pioneering retirement income program for advisors

First-of-its-kind course aims to help advisors articulate the value of retirement income solutions to complement 401(k) plans.

US annuity sales hit a fresh record in 2023: Limra
RETIREMENT RETIREMENT PLANNING FEB 21, 2024
US annuity sales hit a fresh record in 2023: Limra

Strong economic conditions combined with demand for protected investments drove a second record year for fixed annuity products.

Hub woos small businesses with pooled retirement plan option
RETIREMENT RETIREMENT PLANNING FEB 21, 2024
Hub woos small businesses with pooled retirement plan option

The firm's pooled employer plan gives small business owners the chance to offer workers 401(k)s at lower costs.