An examination by the Securities and Exchange Commission found that pension fund consultants and other advisors were lax in vetting alternative investments.
Obamas call for the creation of retirement accounts to help U.S. workers has spurred a Connecticut coalition to once again urge lawmakers to help the 740,000 workers in the state not covered by an employer-sponsored plan.
A survey of 5,000 defined contribution plan participants found the 20 percent who were overconfident about their knowledge ended up with with smaller account balances than those more unsure of themselves.
Harkins plan, designed to eliminate a $6.6 trillion gap in savings compared to what is needed to live on in retirement, would combine elements of traditional pension plans with the portability and ease for employers that are part of 401(k) systems.
The American Academy of Actuaries group called on the president, as well as Congress, to vow to ensure the long-term viability of Social Security and Medicare, something that has long been talked about with little to show for all the rhetoric.
Shifting rules on fee transparency and the push for the Labor Department to develop a fiduciary standard give RIAs an opportunity in the retirement plan market.
Two aviation companies are set to put hundreds of millions of dollars into their pension funds this year and one said it contributed billions last year.
The city of Houston is suing the union representing its firefighters in a bid to gain the right to negotiate changes to its pension system.The city, which…
DebugScreen: mobile
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"estimate": 243,
"social": [],
"articles": [
{
"uri": "/2014/01/30/dc-offerings-spur-retirement-dreams/",
"title": "DC offerings spur retirement dreams",
"byline": "Dan Berman",
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"prettyDate": "January 30, 2014",
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"authors": [
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"kickerNode": [],
"summary": "A hidden value of defined contribution retirement plans might be that they get participants thinking about their long-term finances.",
"body": null
},
{
"uri": "/2014/01/29/sec-issues-alternatives-risk-alert/",
"title": "SEC issues alternatives risk alert",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 29, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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},
"authors": [
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"webUrl": "/author/profile/dan-berman/",
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],
"kickerNode": [],
"summary": "An examination by the Securities and Exchange Commission found that pension fund consultants and other advisors were lax in vetting alternative investments.",
"body": null
},
{
"uri": "/2014/01/29/connecticut-group-wants-state-myra/",
"title": "Connecticut group wants state MyRA",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 29, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
"name": "Dan Berman"
}
],
"kickerNode": [],
"summary": "Obamas call for the creation of retirement accounts to help U.S. workers has spurred a Connecticut coalition to once again urge lawmakers to help the 740,000 workers in the state not covered by an employer-sponsored plan.",
"body": null
},
{
"uri": "/2014/01/28/dont-get-too-cocky-about-your-retirement-smarts-yo/",
"title": "Don’t get too cocky about your retirement smarts. You may come out behind!",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 28, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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"height": ""
},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
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}
],
"kickerNode": [],
"summary": "A survey of 5,000 defined contribution plan participants found the 20 percent who were overconfident about their knowledge ended up with with smaller account balances than those more unsure of themselves.",
"body": null
},
{
"uri": "/2014/01/28/harkin-set-to-renew-push-for-privately-run-retirem/",
"title": "Harkin set to renew push for privately run retirement system",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 28, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
"name": "Dan Berman"
}
],
"kickerNode": [],
"summary": "Harkins plan, designed to eliminate a $6.6 trillion gap in savings compared to what is needed to live on in retirement, would combine elements of traditional pension plans with the portability and ease for employers that are part of 401(k) systems.",
"body": null
},
{
"uri": "/2014/01/27/actuaries-urge-obama-to-take-action-on-social-secu/",
"title": "Actuaries urge Obama to take action on Social Security",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 27, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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"height": ""
},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
"name": "Dan Berman"
}
],
"kickerNode": [],
"summary": "The American Academy of Actuaries group called on the president, as well as Congress, to vow to ensure the long-term viability of Social Security and Medicare, something that has long been talked about with little to show for all the rhetoric.",
"body": null
},
{
"uri": "/2014/01/27/advisors-want-retirement-clients-arent-sure-how-to/",
"title": "Advisors want retirement clients; aren’t sure how to get ‘em",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 27, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
"name": "Dan Berman"
}
],
"kickerNode": [],
"summary": "Shifting rules on fee transparency and the push for the Labor Department to develop a fiduciary standard give RIAs an opportunity in the retirement plan market.",
"body": null
},
{
"uri": "/2014/01/24/senate-bill-seeks-to-amend-medicare-hospital-stay/",
"title": "Senate bill seeks to amend Medicare hospital stay rule",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 24, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
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}
],
"kickerNode": [],
"summary": "A U.S. senator is pushing his colleagues to change a law that can leave retirees and others on Medicare on the hook for huge hospital bills.",
"body": null
},
{
"uri": "/2014/01/24/aviation-giants-plow-big-money-into-pension-funds/",
"title": "Aviation giants plow big money into pension funds",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 24, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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"height": ""
},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
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}
],
"kickerNode": [],
"summary": "Two aviation companies are set to put hundreds of millions of dollars into their pension funds this year and one said it contributed billions last year.",
"body": null
},
{
"uri": "/2014/01/23/houston-sues-for-right-to-have-a-say-in-firefighte/",
"title": "Houston sues for right to have a say in firefighter pensions",
"byline": "Dan Berman",
"kicker": "",
"prettyDate": "January 23, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/dan-berman/",
"name": "Dan Berman"
}
],
"kickerNode": [],
"summary": "The city of Houston is suing the union representing its firefighters in a bid to gain the right to negotiate changes to its pension system.The city, which…",
"body": null
}
]
}
}
