News Archive

Our 50 states and myriad communities are highly varied in so many ways — and their governments’ spending on pension benefits reflect that diversity. A report by the National Association of State Retirement Administrators (NASRA) looks at how those governments spend on the pension plans they provide... READ MORE

Lions and tigers and bears, oh, my! Well, maybe floods, fires and earthquakes, oh, my. If a disaster occurs, its effect on a retirement plan’s compliance with tax law and regulations just might not be prominent on the minds of plan administrators, service providers, employers and participants. But... READ MORE

The “fixes” are said to be in, and legislation that would give life to Connecticut’s state-run retirement plan for private sector workers is on its way to Gov. Dannel Malloy (D) for his signature.Connecticut’s state-run retirement plan proposal barely got through the Democratic majority state... READ MORE

Financial advisers need to grasp what plans the new fiduciary rule and its exemptions cover, in order to understand how they affect their business. In MarketBeat, Diane Capone argues that the rule will affect your business and offers a discussion that provides background information on the rule and... READ MORE

The Massachusetts Securities Division says that robo-advisers’ failure to conduct due diligence, as well as their depersonalized structure, may render them unable to provide adequately personalized investment advice and make appropriate investment decisions. As such, “the Division” has declared... READ MORE

Increasingly, a plan’s digital platform — both website and mobile — is becoming participants’ main point of contact with the plan, upping the ante on the quality and efficiency of the user experience. What can consumer research tell us about doing a better job of fulfilling users’ digital... READ MORE

Recent research about the development of annuity products and certain life insurance products used for retirement purposes provided food for thought at a May 6 session of LIMRA’s 2016 Retirement Industry conference. Elaine Tumicki, Corporate Vice President, Insurance Research – Product, LIMRA, and... READ MORE

Connecticut’s state-run retirement plan proposal barely got through the Democratic majority state legislature — but without some changes, it won’t get past the governor’s veto pen. Gov. Dannel P. Malloy (D) is on record saying that he intends to veto the legislation unless it is changed in an... READ MORE

Is it appropriate to name a living trust as beneficiary of a 403(b) account? In Tech Talk, Ellie Lowder tells us whether this should be done in order to escape probate on 403(b) distributions. READ MORE