Cybersecurity still key issue for record keepers
April 15, 2019 01:00:00 AMDefined contribution record keepers continued to focus on financial wellness, cybersecurity and digital engagement in 2018 — a year in which assets under administration rose nearly 8%.
CalPERS zeros in on climate, human capital issues
September 03, 2018 01:00:00 AMThe nation's largest pension fund, CalPERS, is expanding its research on ESG issues.
Gauging value of financial wellness plans a struggle
September 03, 2018 01:00:00 AMFinancial wellness programs are on the rise, but concerns over participation and measurement of value persist.
More institutional investors putting money on ESG
September 03, 2018 01:00:00 AMESG integration is on the rise in the U.S., with climate change, gender diversity and weapons capturing significant investor attention.
Cook Children's Health Care picks interim CIO following 2 departures
August 31, 2018 01:00:00 AMEli Bloshtein was named interim chief investment officer of Cook Children's Health Care System.
University of Houston earmarks $58 million for 6 managers
August 28, 2018 01:00:00 AMUniversity of Houston System committed or invested $57.5 million total with six managers on behalf of its $572 million endowment.
Transamerica survey shows several disconnects between employers, employees on retirement security
August 22, 2018 01:00:00 AMJust over 70% of employers are confident employees will be able to achieve financial security in retirement vs. only 62% of employees.
Ascensus adds to stable of third-party administration firms
August 21, 2018 01:00:00 AMAscensus is acquiring third-party administration firm PenSys.
DC plan executives get serious about playing games
August 20, 2018 01:00:00 AMDC plan executives and record keepers view "gamification" as way to drive employee engagement and financial literacy.
App developers tap games to drive more savings
August 20, 2018 01:00:00 AMExecutives at startups like Long Game and MindBlown Labs see value in using games to drive positive savings behavior.
Chicago teachers plan to divest private prison companies
August 17, 2018 01:00:00 AMThe Chicago teachers pension fund prohibited investments in private prison companies and businesses that operate immigration child detention centers.
2018 proxy engagements focused on boards, compensation – Vanguard
August 16, 2018 01:00:00 AMBoard composition and executive compensation were prominent themes in Vanguard's engagements with global companies in the 2018 proxy year.
Illinois governor proposes making Secure Choice retirement program optional for employers
August 15, 2018 01:00:00 AMIllinois Gov. Bruce Rauner issued an amendatory veto making it optional for employers to participate in the state's Secure Choice program.
Kentucky Supreme Court to hear pension reform lawsuit in September
August 14, 2018 01:00:00 AMA lawsuit filed over Kentucky's 2018 pension reform law will be heard by the state's Supreme Court on Sept. 20.
Helping employees, reducing costs among DC execs' top concerns – Fidelity survey
August 13, 2018 01:00:00 AMDC plan executives' top concerns are helping employees prepare for retirement, retaining top workers and reducing plan-related costs.
Molex switches to Alight as 401(k) provider
August 09, 2018 01:00:00 AMMolex Inc. hired Alight Solutions as service provider of its 401(k) plan, replacing Fidelity.
Kentucky Retirement Systems posts 8.57% return for fiscal year, topping benchmark
August 09, 2018 01:00:00 AMKentucky Retirement Systems returned a net 8.57% on its pension fund assets in the fiscal year ended June 30, topping its 7.91% benchmark.
ESG adoption gaining among U.S. asset owners – Callan survey
August 08, 2018 01:00:00 AMForty-three percent of U.S. asset owners have incorporated ESG factors into their investment decisions, up from 37% in 2017.
Houston Firefighters puts $212 million with 4 managers
August 07, 2018 01:00:00 AMHouston Firefighters' Relief and Retirement Fund allocated up to $212 million total to four managers.
Firms take steps to maintain data integrity, security
August 06, 2018 01:00:00 AMLeveraging participant data to create meaningful insights comes with its share of challenges, record keepers said.
Providers mining big data for look into participants
August 06, 2018 01:00:00 AMDC providers are adding and refining data tools to help plan executives and consultants access and analyze participant data.
New tool lets investors scrutinize funds for weapons companies
August 06, 2018 01:00:00 AMNon-profit groups As You Sow and CODEPINK are offering a tool to help investors track weapons exposure in mutual funds.
Cardinal Health to disclose financial risks on opioid crisis; shareholder proposal withdrawn
August 02, 2018 01:00:00 AMA shareholder proposal has been withdrawn at Cardinal Health after the company agreed to disclose measures it is taking related to the opioid crisis.
Ben E. Keith Co. goes with Empower for profit-sharing, new 401(k) plan
August 02, 2018 01:00:00 AMBen E. Keith Co. hired Empower Retirement as provider of its new 401(k) plan and existing profit-sharing plan.
Ascensus makes another acquisition in TPA market
August 01, 2018 01:00:00 AMAscensus is acquiring third-party administration firm 401k Plus.