Employers must monitor 401(k) fees, Supreme Court rules
The United States Supreme Court says 401(k) plans must monitor the investment options being offered, reports Bloomberg.
- By: Staff
- May 19, 2015 September 13, 2019
- 11:43
The United States Supreme Court says 401(k) plans must monitor the investment options being offered, reports Bloomberg.
Americans leave an estimated US$24 billion in unclaimed 401(k) company matches on the table each year, finds a report.
Employees overwhelmingly favour their employers playing a more active role in their DC retirement plans, but plan sponsors voice reluctance to doing so.
Benefits Canada is proud to present editorial coverage of our 2015 Benefits & Pension Summit.
If you were asked how long you think you’ll live, you’d probably do a quick mental scan of your grandparents, parents, aunts, uncles, and other…
Reforms that negatively affect pension plan participants and beneficiaries also exacerbate income inequality and hinder economic growth, finds a National Conference on Public Employee Retirement…
How can employers offer a better, more efficient DC plan?
Decumulation is a critical issue for DC plan members, since the decisions they make during that stage can have a significant impact on their income.…
Worried about your DC plan members outliving their savings? Take a closer look at your decumulation options.
The introduction of pooled registered pension plans in Ontario could prevent an enhanced Canada Pension Plan from materializing, said a CUPE Ontario representative at the…
Canada’s financial services industry showed its support for Pooled Registered Pension Plans (PRPPs) at the first day of public hearings in Ontario on Monday.
Manulife research shows one in three workers are struggling with their finances. So should plan sponsors offer access to professional advisors to help?
Paying close attention to plan members and offering them customized advice is the key to running a successful DC plan—this is what Eastern Construction discovered…
Should you go active or passive? Two experts weigh in.
The Standing Committee on Social Policy is expected to meet next week to consider Bill 57, An Act to create a framework for pooled registered…
Capital Accumulation Plans should be exempt from participating in the proposed Ontario Retirement Pension Plan (ORPP), said Marka Yamada, president and CEO of PUP Investing,…
DC pension plans will continue to play an important role in providing retirement security for many years to come, says Morneau Shepell chief actuary Fred…
The global DC landscape is characterized by an expected increase in employer contributions and a growing use of target-date funds (TDFs), while DB plans around…
How to handle the payout phase is one of the most important issues facing DC plan sponsors today. Benefits Canada’s 2015 DC Plan Summit delved…
Capital accumulation plans (CAPs) already help 2.4 million Ontario workers save for a good retirement and can largely solve the under-saving gap. The proposed Ontario…
Why aren’t DC plans including ETFs in their rosters?
The market value of Canadian employer-sponsored pension funds grew 1.7% in the third quarter, marking the fifth consecutive quarterly increase, says Statistics Canada.
The Ontario Retirement Pension Plan (ORPP) is an unprecedented new mandatory provincial pension plan that represents the provincial government's "made-in-Ontario" solution for expanding pension coverage…
The plunge in interest rates to new lows in recent years has made DB plan sponsors rethink whether their pension plans continue to be sustainable.…
Faced with growing pension risks, do target benefit plans offer security for sponsors?