With more and more defined benefit plan sponsors exploring — and undertaking — pension de-risking, a pair of leading U.S. senators have asked regulators to establish some guidelines to ensure that those covered by those programs are protected. Senate Finance Committee Chairman Ron Wyden (D-Oregon... READ MORE

As you may have heard (but may not), this is National Save for Retirement Week. Of course, there’s no “magic” to a week dedicated to a focus on saving for retirement — even one that Congress has seen fit to acknowledge with a resolution.  That said, saving for retirement — which seems far away for... READ MORE

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A new study says that it’s lack of awareness, not lack of interest, that is fueling the advice industry’s talent shortage among Millennials. According to Fidelity Investments’ “Recruiting Redefined” study, there are three key recruiting myths that may be hindering those recruiting efforts:  Myth No... READ MORE

“At the end of the day,” are you tired of finding people “out of pocket” when you’re trying to “circle back” and have a “dynamic,” “forward-thinking” “deep dive” to “think outside the box”? Or are you just tired of hearing it described that way? More than 600 human resources managers at U.S. and... READ MORE

Another of the so-called “excessive fees” cases has been tossed by a federal appellate court. In Santomenno v. John Hancock Life Insurance Company, No. 13–3467, 2014 WL 4783665 (3d Cir. Sept. 26, 2014), the plaintiffs had argued that, as a service provider to their 401(k) plan, John Hancock was a... READ MORE

We’re now about a month away from the announcement of the 2015 limits — but not so far away that we can’t speculate. The annual cost of living adjustments (COLAs) for most limits are measured using the CPI-U announced by the Bureau of Labor Statistics (BLS) for July, August and September. Those... READ MORE

Janus Capital Group Inc. has announced that legendary fixed-income manager William H. Gross will be joining Janus Capital Group, where he will manage a recently launched Janus Global Unconstrained Bond Fund and related strategies. According to a news release announcing the move, he will... READ MORE

Politics stinks. Yes, literally, it seems. According to a study published recently in the American Journal of Political Science, it seems that people can literally sniff out ideology. Researchers led by Brown University political scientist Rose McDermott found that, to a small but... READ MORE