The outcome of the excessive 401(k) fee case against Fidelity Management Trust Co. showed that the onus of fiduciary responsibility and vendor oversight rests with the plan sponsor.
The union will create one of the nations leading providers of comprehensive retirement services capabilities for all sizes of 401(k), 403(b) and 457 retirement plans.
The cost of purchasing annuities from an insurer as a way to pass off pension liabilities stayed about the same in January, at 108.5 percent of the accounting liability of a defined benefit pension plan.
The Retirement for All CT Senate bill passed the joint Committee on Labor & Public Employees one week after dozens of residents and organizations packed a public hearing to testify in support of S.B. 249.
DebugScreen: mobile
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"articles": [
{
"uri": "/2014/03/25/reversal-in-401k-case-leaves-plan-sponsors-on-the/",
"title": "Reversal in 401(k) case leaves plan sponsors on the hook",
"byline": "Paula Aven Gladych",
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"prettyDate": "March 25, 2014",
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"authors": [
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],
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"summary": "The outcome of the excessive 401(k) fee case against Fidelity Management Trust Co. showed that the onus of fiduciary responsibility and vendor oversight rests with the plan sponsor.",
"body": null
},
{
"uri": "/2014/03/24/pru-retirement-elevates-reddy/",
"title": "Pru Retirement elevates Reddy",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 24, 2014",
"timeToRead": "2 minute",
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"authors": [
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],
"kickerNode": [],
"summary": "Prudential Retirement has named Srinivas Reddy to a newly created role overseeing investments for its Full Service business.",
"body": null
},
{
"uri": "/2014/03/24/great-west-life-putnam-to-merge-retirement-busines/",
"title": "Great-West Life, Putnam to merge retirement businesses",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 24, 2014",
"timeToRead": "1 minute",
"image": {
"uri": "",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "The union will create one of the nations leading providers of comprehensive retirement services capabilities for all sizes of 401(k), 403(b) and 457 retirement plans.",
"body": null
},
{
"uri": "/2014/03/21/retirees-who-default-into-investments-are-more-var/",
"title": "Retirees who default into investments are more varied, volatile",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 21, 2014",
"timeToRead": "3 minute",
"image": {
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},
"authors": [
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],
"kickerNode": [],
"summary": "A study found that defaulted participants tend to earn less in salary across their careers and make fewer active contribution changes.",
"body": null
},
{
"uri": "/2014/03/21/expectation-of-increased-retirement-age-could-be-s/",
"title": "Expectation of increased retirement age could be slowing",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 21, 2014",
"timeToRead": "1 minute",
"image": {
"uri": "",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "Only 15 percent of workers reported an increase in their expected retirement age in the past year, compared to 22 percent in 2013.",
"body": null
},
{
"uri": "/2014/03/20/maintaining-pension-costs-more-than-transferring-l/",
"title": "Maintaining pension costs more than transferring liabilities to insurance firm",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 20, 2014",
"timeToRead": "2 minute",
"image": {
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "The cost of purchasing annuities from an insurer as a way to pass off pension liabilities stayed about the same in January, at 108.5 percent of the accounting liability of a defined benefit pension plan.",
"body": null
},
{
"uri": "/2014/03/20/corporate-pension-levels-best-since-financial-cris/",
"title": "Corporate pension levels best since financial crisis",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 20, 2014",
"timeToRead": "2 minute",
"image": {
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},
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],
"kickerNode": [],
"summary": "The overall average funded status jumped 13 percentage points, from 78 percent at the end of 2012 to 91 percent at the end of 2013.",
"body": null
},
{
"uri": "/2014/03/20/the-6-things-you-need-to-know-about-investing-in-t/",
"title": "The 6 things you need to know about investing in target funds",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 20, 2014",
"timeToRead": "4 minute",
"image": {
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},
"authors": [
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],
"kickerNode": [],
"summary": "Research showed that target-date funds are expected to play an increasingly important role in workplace retirement plans.",
"body": null
},
{
"uri": "/2014/03/19/overwhelming-majority-of-americans-concerned-about/",
"title": "Overwhelming majority of Americans concerned about health care costs in retirement",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 19, 2014",
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},
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],
"kickerNode": [],
"summary": "Many Americans greatly underestimate the amount of savings they may need to cover health care costs in retirement.",
"body": null
},
{
"uri": "/2014/03/19/connecticut-retirement-bill-passes-in-committee/",
"title": "Connecticut retirement bill passes in committee",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 19, 2014",
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},
"authors": [
{
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}
],
"kickerNode": [],
"summary": "The Retirement for All CT Senate bill passed the joint Committee on Labor & Public Employees one week after dozens of residents and organizations packed a public hearing to testify in support of S.B. 249.",
"body": null
}
]
}
}