The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
The average American with a defined contribution plan or defined benefits plan is becoming more dependent on market movements than he or she perhaps realizes.
The Florida teachers' union is unable to divest from firearms industry stocks, or any others in their portfolio, on its own because the portfolio is managed by the governor and his staff.
Florida teachers may be surprised to learn theyve been helping fund the firearms industryincluding American Outdoor Brands, which made the gun used in the recent mass shooting.
This week, Rep. Phil Roe, R-TN, and Rep. Donald Norcross, D-NJ, introduced the Give Retirement Options to Workers Act, which would facilitate the adoption of composite plans -- but not all unions and retirement advocates are on board with such plans.
Pension obligations are a worry as pressure on municipalities and states could intensify in a downturn when local tax revenues decline, says PGIM CEO David Hunt.