Investment Instruments

The Republican-led state attorneys general oppose a Department of Labor rule that permits environment, social and governance factors to be considered when when selecting investments for clients.

Pre-retirement withdrawals is the single biggest factor causing wealth disparities, plus the fact 57 million American workers do not have access to a retirement savings plan at work, according to a recent Morningstar webinar.

Since employees generally go along with most retirement plan provisions, adding plan design features, such as auto-enrollment and auto-increase, are some of the fastest ways to help boost participation rates, says a new survey.

The contruction firm is being sued over the fees retirement plan participants paid after being defaulted into managed accounts, which were "essentially expensive target-date funds," according to the ERISA lawsuit

Most employees would prefer financial benefits such as a company stock plan, and a broad-based plan tied to payroll such as employee stock purchase plans may be a good fit, as more employees will be able to participate.

The Saver's Match program offers a 50% federal match on the first $2,000 of retirement savings for low-income workers, but the industry needs to educate employees how to take advantage of the program, says a new report.

The investment firm is among 600 organizations worldwide whose pension funds and benefits plan providers had their participants' data breached recently, and should be "a wake-up call" to all plan sponsors, say industry experts.

37% of parents saving for their kids' educational expenses anticipate the child's contribution to be between 1% and 25%.