By Editor Test
Deficit hawks say that federal debts and deficits put our progeny in a hole. Indeed, they've said it for decades. But some economists, starting as far back as 75 years ago, have said that's poppycock. The latter may be right.
By Editor Test
After overhauling its huge retirement plans, this Fortune 50 firm selected AllianceBernstein's stand-alone living benefit as its in-plan 401(k) income option. AXA Equitable, Nationwide, and Lincoln Financial were expected to support the lifetime guarantee.
By Editor Test
Plan sponsors and fiduciaries have won another case at the U.S. Court of Appeals for the 7th Circuit—the third this year.
By Editor Test
“The end of September marks the largest deficit since we have been tracking this information,” said Jonathan Barry, a partner in Mercer’s Retirement Risk and Finance business.
By Editor Test
The study analyzed seven state retirement systems that offer a choice between DB and DC plans to find that the DB uptake rate ranged from 98% to 75%, with the balance choosing the DC plan.
By Editor Test
In addition to global equities and global fixed-income securities, the fund may invest in commodities and real estate investment trusts, and use leverage.
By Editor Test
In addition to global equities and global fixed-income securities, the fund may invest in commodities and real estate investment trusts, and use leverage.
By Editorial Staff
Brief or late-breaking items from Allianz Life, Lincoln Benefit Life, LPL Financial, Russell Investments, Cannex, Windham Capital Management, Fidelity Investments and The Principal.