Investment advice

Labor Department extends fiduciary rule comment period

Labor Department extends fiduciary rule comment period

The Department of Labor will give extra time for public comments on its proposed new fiduciary conflict-of-interest rule.

May 15, 2015 | 05:10 pm
DOL's proposal for new fiduciary standard moves to comment period

DOL's proposal for new fiduciary standard moves to comment period

The Department of Labor is moving full steam ahead with a proposed fiduciary standard for anyone giving retirement investment advice after years of retrenching, officials announced Tuesday.

April 14, 2015 | 02:58 pm
Rethinking Target-Date Fund Design: Managing Participant Risk

Rethinking Target-Date Fund Design: Managing Participant Risk

This paper explains the thinking behind Prudential’s Day One Funds, our family of target date funds created to address the retirement risks we all face – with a particular focus on...

April 01, 2015 | 12:01 am

Aon Hewitt: DC plans sharpening tools for retirement planning

Defined contribution plans are expanding efforts to provide financial advice and retirement planning tools, said a survey from Aon Hewitt published Wednesday.

January 14, 2015 | 03:54 pm
Precision, flexibility vital for DC plans, say speakers at P&I conference

Precision, flexibility vital for DC plans, say speakers at P&I conference

Defined contribution executives need to be both precise and flexible in the managing of their plans, according to fellow sponsors, consultants and providers who spoke at the annual Pensions &...

October 29, 2014 | 01:24 pm
Exelon powers up major 401(k) plan changes

Exelon powers up major 401(k) plan changes

Exelon Corp. has overhauled the design and investments of its $6.2 billion 401(k) plan, seeking to provide greater diversification and simplicity while reducing costs.

September 29, 2014
 Lawsuit against Financial Engines a red flag for plan executives

Lawsuit against Financial Engines a red flag for plan executives

GRQ Investment Management filed a lawsuit Aug. 8 against Financial Engines and Financial Engines Advisors in U.S. District Court claiming Financial Engines infringed on a pair of patents belonging to ...

August 12, 2014 | 11:14 am

Sacramento utility seeks consultant for two DC plans

Sacramento (Calif.) Municipal Utility District is searching for an investment consultant for its $208 million 401(k) and $99 million 457 plans

August 11, 2014 | 02:47 pm

A little help here: Advice aids DC participants’ returns

Defined contribution participants who used professional financial advice and management assistance had higher returns between 2006 and 2010 than those who didn’t, according to a new report by Aon Hewitt and Financial Engines.

September 26, 2011 | 04:24 pm

Schwab: About 8 of 10 participants can get advice

Eighty-one percent of Charles Schwab’s record-keeping clients made investment advice available to its 401(k) plan participants as of June 30, compared to 58% as of year-end 2007, according to new research from Schwab.

September 08, 2011 | 03:45 pm