Advertisement
News
Collective investment trusts (CITs) have long been heralded as “the next big thing” in the DC industry, but a new report suggests that, in recent years, the market has turned a corner.
The third quarter 2018 issue of The Cerulli Edge—U.S. Retirement Edition finds that CIT adoption is finally...
READ MORE
More 401(k) plan participants held equities at year-end 2016 than before the financial crisis, but participants continue to shy away from investing in their own companies’ stock, preferring more diversified investments, new data shows.According to the Employee Benefit Research Institute (EBRI) and...
READ MORE
Unfazed that the Department of Labor (DOL) fiduciary rule has been rendered moribund, the Garden State is forging ahead with its own.The 5th Circuit Court of Appeals may have essentially struck down the federal rule, but that has nothing to do with the ability of the states to craft and implement...
READ MORE
The practice of retiring and retirees receiving benefits in some fashion has only been around for a little over a century, right? Wrong! It’s been around for thousands of years.In “The History of Retirement,” SageView Advisory Group outlines when retirement, and associated payments, began and how...
READ MORE
The Department of Labor’s (DOL) fiduciary rule may be moribund, but that doesn’t mean that investment fiduciary standards are — including best interest standards. A recent blog post by Fred Reish discusses how to best meet the various such standards that are in place.
In “Best Interest and Best...
READ MORE
Having cybersecurity measures in place is an important step to protect a retirement plan, as well as well as those that serve as plan fiduciaries. But cybersecurity steps are only at half strength if only management and the plan sponsor and fiduciaries implement and follow them, argues a recent...
READ MORE
The IRS has identified errors that result in voluntary correction program (VCP) applications being incomplete. It reports that it did so during the process of streamlining its processes for identifying VCP submissions that can be closed quickly.
The IRS has updated its website to reflect its...
READ MORE
The Senate recently confirmed a new IRS Commissioner, and has scheduled a hearing for the nominee to serve as PBGC Director, but the chamber is still waiting for a nominee to replace a Democratic SEC Commissioner.
Full Plate Awaits Newly Confirmed IRS Commissioner
An extensive to-do list awaits...
READ MORE
Recent survey results reveal that a majority of workers believe that financial wellness programs could help increase their productivity.According to a new report by the Employee Benefit Research Institute (EBRI), “Perceived Helpfulness of Financial Well-being Programs: Results from the 2017 and...
READ MORE
ASPPA has received several reports of incorrect Form 5558 acknowledgments being received by plans that had timely filed to extend the filing deadline for their 2017 Form 5500. In some instances, the acknowledgments are reflecting the extension request as relating to an incorrect plan year (e.g.,...
READ MORE