Retirement Planning

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Don’t say ‘fiduciary rule’; DOL terms next attempt a ‘retirement security’ reg
RETIREMENT RETIREMENT PLANNING OCT 17, 2023
Don’t say ‘fiduciary rule’; DOL terms next attempt a ‘retirement security’ reg

'We are trying to protect retirement savers,' says DOL assistant secretary Lisa Gomez. 'This is a new approach. Stay tuned.'

By Mark Schoeff Jr.
Retiring at 50 would be nice, but there's a financial goal that easily beats it
RETIREMENT RETIREMENT PLANNING OCT 16, 2023
Retiring at 50 would be nice, but there's a financial goal that easily beats it

Americans are willing to make sacrifices to achieve their goals.

By Steve Randall
SoFi matches Robinhood's 1% IRA match
RETIREMENT RETIREMENT PLANNING OCT 13, 2023
SoFi matches Robinhood's 1% IRA match

The company's sprawling range of financial services include retirement accounts, which it is actively pursuing.

By Emile Hallez
Medicare participants get early view of 2024 increase
RETIREMENT RETIREMENT PLANNING OCT 13, 2023
Medicare participants get early view of 2024 increase

The rise in the monthly Part B premium for next year is primarily a result of projected increases in health care spending, CMS says.

By Gregg Greenberg
Millions of women are facing retirement disaster, according to new report
RETIREMENT RETIREMENT PLANNING OCT 13, 2023
Millions of women are facing retirement disaster, according to new report

Those closest to retirement are among the least prepared.

By Steve Randall
Advisors encourage clients to establish emergency savings funds
RETIREMENT RETIREMENT PLANNING OCT 12, 2023
Advisors encourage clients to establish emergency savings funds

Fidelity survey says lack of money for a rainy day is a major source of stress. 'We always recommend having an emergency fund, whether [clients] need it or not,' an advisor says.

By Mark Schoeff Jr.
MetLife latest in string of 401(k) lawsuit settlements
RETIREMENT RETIREMENT PLANNING OCT 12, 2023
MetLife latest in string of 401(k) lawsuit settlements

The increase in the number of cases being settled this year follows a spike in litigation that started several years ago.

By Emile Hallez
New Social Security COLA for 2024 may leave some retirees short
RETIREMENT RETIREMENT PLANNING OCT 12, 2023
New Social Security COLA for 2024 may leave some retirees short

Latest increase could mean some clients see a net deficit, advisor warns.

By Emile Hallez
Gen Z has ambitious retirement goals in face of increasing obstacles, Schwab says
RETIREMENT RETIREMENT PLANNING OCT 11, 2023
Gen Z has ambitious retirement goals in face of increasing obstacles, Schwab says

Savers are feeling deflated in face of challenges like inflation, monthly bills and paying for unexpected expenses.

By Gregg Greenberg
Calpers needs a new CIO for $450B fund, but it's no easy job
RETIREMENT RETIREMENT PLANNING OCT 11, 2023
Calpers needs a new CIO for $450B fund, but it's no easy job

Incumbent resigns after 18 months and the search is on for a successor.

By Bloomberg
PGIM cuts fees on target-date funds
RETIREMENT RETIREMENT PLANNING OCT 10, 2023
PGIM cuts fees on target-date funds

The TDF series will be renamed PGIM Target Date Funds, and some underlying investments will be changed.

By InvestmentNews
UAW wants pensions back. Automakers really don't
RETIREMENT RETIREMENT PLANNING OCT 10, 2023
UAW wants pensions back. Automakers really don't

Most companies don't offer pensions, and many that once did are transferring the liabilities to insurance companies.

By Emile Hallez
GE's 401(k) lawsuit settlement has $61M price tag
RETIREMENT RETIREMENT PLANNING OCT 09, 2023
GE's 401(k) lawsuit settlement has $61M price tag

Plaintiffs alleged the company ran afoul of the Employee Retirement Income Security Act by putting its own funds on the plan menu.

By Emile Hallez
Savant boosts advisors' 401(k) management with Pontera partnership
RETIREMENT RIAS OCT 06, 2023
Savant boosts advisors' 401(k) management with Pontera partnership

RIA hails 'significant operation improvements' from fintech platform.

By Steve Randall
New private fixed-income leaders for SLC Management
RETIREMENT RETIREMENT PLANNING OCT 06, 2023
New private fixed-income leaders for SLC Management

Current leader is to retire from leading the growing PFI team.

By Steve Randall
Employers racing to offload pensions to insurers
RETIREMENT RETIREMENT PLANNING OCT 04, 2023
Employers racing to offload pensions to insurers

The trend is a boon for the insurance business, but there are questions about protections for retirees and workers.

By Emile Hallez
Target-date funds: Low fee doesn't equal low risk
RETIREMENT OPINION OCT 04, 2023
Target-date funds: Low fee doesn't equal low risk

Three reasons why passive TDFs aren’t automatically the safer choice for DC plan fiduciaries

By Emily Cao
Millions of Americans face a retirement income shortfall, Vanguard research warns
RETIREMENT RETIREMENT PLANNING OCT 04, 2023
Millions of Americans face a retirement income shortfall, Vanguard research warns

The gap between need and ability is highlighted in inaugural report.

By Steve Randall
House bill to double HSA limits slammed as perk for wealthy
RETIREMENT RETIREMENT PLANNING OCT 03, 2023
House bill to double HSA limits slammed as perk for wealthy

Opponents say the legislation would do little to help most people.

By Emile Hallez
Retirement risks in the RIA world and how to manage them
RETIREMENT RETIREMENT PLANNING OCT 02, 2023
Retirement risks in the RIA world and how to manage them

Experts discuss life expectancy and other retirement risks faced by advisors and their clients at a recent RIA LABs webinar.

By Josh Welsh