5+ day, 6+ hour ago   (403+ words) Among widowed adults surveyed by Ameriprise, 58% wanted someone with whom they could share financial decisions. As some adults cope with the loss of a partner who helped make financial decisions, advisers are stepping in with needed guidance, according to newly…...

1+ week, 2+ day ago   (83+ words) planadviser Employees who enter part-time employment or temporarily leave the workforce could see a larger than expected impact on their retirement savings, according to recent analysis by Pew Charitable Trusts’ State Fiscal Policy project, in a study on public sector…...

1+ week, 2+ day ago   (1177+ words) Alight names wealth solution leader; Council of Institutional Investors appoints executive director; Merit Financial Advisors hires chief technology officer; and more. Alight, Inc., a benefits administration provider of health, wealth and leave solutions, named Bruce E. Wolfe as senior vice president,…...

1+ week, 5+ day ago   (747+ words) Few deny the savings power of payroll deductions, whether paying into Social Security or saving into a retirement plan. Workers are enrolled in a retirement plan, money moves automatically from payroll into an account, and inertia begins working in favor…...

1+ week, 5+ day ago   (999+ words) For many retirement plan advisers, micro plans have long posed a difficult question: Are plans with just a handful of participants worth the time, effort and resources required to serve them? Nate Moody, a partner in and senior adviser at…...

1+ week, 6+ day ago   (404+ words) Pension plans and multiemployer plans use the heightened rates for valuation and funding purposes. The Pension Benefit Guaranty Corporation updated last week four categories of interest rates that single and multiemployer pension plans use for valuation and funding purposes. The…...

3+ week, 2+ day ago   (435+ words) Surveyed parents strongly supported financial education, but say their children are getting less instruction in investing and retirement planning. That support did not necessarily mean parents knew what their schools were providing. Only 63% of all parents said they were aware…...

2+ week, 5+ day ago   (290+ words) The qualification is designed to help providers whose roles include moving employers in and out of MEP and PEP arrangements. The American Society of Pension Professionals and Actuaries announced a new credential intended to help retirement plan professionals support the…...

3+ week, 6+ day ago   (825+ words) Co-founders of an OCIO services provider argue that traditional bond allocation in a 60/40 portfolio comes up short in diversification. For the past hundred years, the classic 60/40 portfolio—allocating 60% to equities and 40% to fixed income—has been the default portfolio for…...

3+ week, 2+ day ago   (211+ words) The offering, set to launch in September, will allow advisers to provide investment recommendations that clients can review and implement themselves. Launching in September, with an open waitlist for advisers already available, the offering will enable advisers to provide ongoing…...