By Editor Test
“This new ERISA 408(b)(2) disclosure has a bite to it," writes Louis Harvey of Dalbar in DSG Dimensions. ERISA attorney Fred Reish (left) estimates that 401(k) fee transparency rule would be effective "April 1 to July 1, 2012.”
By Editor Test
The deferred income annuity will allow pre-retirees to build up retirement income over time, it was revealed at the LIMRA Retirement Industry conference in Las Vegas last week.
By Editor Test
An ideal pension system would be based on an annual contribution of 8% of wages to a government-run index fund, said Laurence Kotlikoff of Boston University.
By Editor Test
We often hear that Americans don't save, but their collective retirement savings are worth about $16 trillion, according to research by RG Wuelfing & Associates, Inc. for the SPARK Institute.
By Editor Test
The changes, which are intended to help centralize the verification of completed mandated training, will roll out later this month.
By Editor Test
Among U.S. stock funds, large-cap offerings lost about $3.2 billion across the value, blend, and growth categories, while small-cap funds enjoyed modest inflows of $791 million.
By Editorial Staff
Brief and late-breaking items from AXA Equitable Life, Prudential, MassMutual, Northwestern Mutual and The Derivative Project.