Search Results

Plan sponsors are increasingly looking for investment advisors who can shoulder some of the fiduciary burden related to offering employee retirement plans. More frequently they are turning to companies that offer fiduciary coverage under section 3(21)(A) of the Employee Retirement Income Security Act.

Despite numerous stories and hearings on the topic, new fee disclosure regulations in the 401(k) retirement plan system could cause some angst among plan sponsors and plan participants.

The U.S. Department of Labors Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, will hold a public meeting on Nov. 8 and 9 at Labor Department headquarters, 200 Constitution Ave. NW, Washington, D.C. 20210.

Two retirement industry associations recently expanded their focus, citing a changing regulatory environment and a lack of representation in Washington as the main reasons for the overhaul.

A recent survey by the Plan Sponsor Council of America shows 401(k) participants are increasingly using new plan investment features, while usage of hardship withdrawals and loans remain low despite their wide availability.

The Profit Sharing/401k Council of America announced this week it wants to be an advocate for all types of employer-sponsored defined contribution plans and is thus changing its name to Plan Sponsor Council of America (PSCA), in an effort to expand the organization's scope of retirement education and communication.

More than half of defined contribution plans experienced an increase in 401(k) loans in the past two years. But is it a wise financial move? The answer: that depends.

Retirement plans exist to provide earnings streams to retirees, but knowing how to pensionize retirement savings is largely a foreign concept to most workers.