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The Standard has recently overhauled its “401(k) On The Brain” education materials to improve its readability.
The question of whether “limited scope audits” of 401(k) plans should be permitted if there are no readily available market prices for the assets was raised during a meeting of an ERISA Advisory Council working group last Tuesday.
American Century Investments has promoted its institutional head, Drew Billingsley to v.p., institutional strategies. (Plan Sponsor)
National Investment Managers has closed on the acquisition of Alan N. Kanter & Associates, valued at $1.7 million.
SKBA Capital Management has been retained as sub-adviser of a new collective investment fund managed by SEI Trust Company.
Beginning next year, not-for-profit organizations that offer employees ERISA-covered 403(b) plans will be required to file a Form 5500 annually with the Department of Labor.
Financial advisors think the biggest potential growth area for the exchange-traded fund industry is in 401(k) plans, according to a State Street Global Advisors and Knowledge@Wharton survey. (Index Universe)
Investing in a long-term plan to pay for retirement, like a 401(k) or 403(b), are contributing to today’s sky-high gas prices due to being traded more in commodities futures over the last two years, according to financial researcher Adam White.