Plan sponsors should consider changing the information architecture to frame savings rates to boost saving among DC pension plan members and close coverage gaps among demographic cohorts, according to industry experts. New looking for scholars and Voya Financial provides additional context for considering change. The research, “Reducing Savings Gaps ThroughRead More →

Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. The mobile-optimized digital experience offers engaging and motivating resources that make it easier to take action and achieve financial goals. RADNOR, Pa.–(BUSINESS WIRE)– Lincoln Financial Group (NYSE: LNC) today announced theRead More →

HDFC Life has launched the “HDFC Life Systematic Retirement Plan” – an individual, group, non-participating, untied and savings deferred annuity plan that systematically allows you to save for your retirement years. Why HDFC launched this plan HDFC Life said in its statement: “With increasing life expectancy and inflation in India,Read More →

BALTIMORE, November 16, 2021 / PRNewswire / – Transamerica and FuturePlan by Ascensus today launched an innovative new group plan retirement solution called FuturePlan GPS (Group Plan Solution). FuturePlan GPS makes it easier for employers to sponsor a pension plan by reducing tedious administrative burdens and mitigating fiduciary risk. WithRead More →

(Photo: Shutterstock) Increased popularity of financial wellness programs, unqualified plans to attract more key talent, and managed accounts with personalized portfolios – not to mention the continued consolidation of record keeping companies – there is a lot going on right now. pension industry, said David Graver, vice president of pensionRead More →

A 403 (b) is the retirement planning vehicle used by nonprofit or other tax exempt employers of nurses, doctors, teachers, professors, school staff, researchers, members of the clergy and some employees of government organizations. 403 (b) plans are named after the section of the Internal Revenue Service (IRS) code thatRead More →

Realogy Holdings Corp. and The Platinum 401k, Inc., a pension outsourcing resource, recently announced the establishment of the SPARK Members Pooled 401 (k) pension plan. Available exclusively to all United States real estate agents affiliated with Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA® and Sotheby’sRead More →

New Common 401 (k) Retirement Plan Now Available for U.S. Real Estate Agents Registered with SPARK Association of Real Estate Professionals MADISON, New Jersey, September 28, 2021 / PRNewswire / – Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in United States, and Platinum 401k,Read More →

United States: On the Horizon – New Pension Design Opportunities! Meet: “Securing A Strong Retirement Act Of 2021”, Aka “SECURE 2.0” September 13, 2021 Bryan Cave Leighton Paisner LLP To print this article, simply register or connect to Mondaq.com. Important legislation is being drafted in the House that promises toRead More →

A bill allowing workers to make student loan repayments while their employers make matching contributions to their defined contribution accounts was reintroduced in the Senate on Thursday. Under the Pension Parity Act for Student Loans, employers are allowed to make matching contributions to workers’ 401(k), 403(b), and SIMPLE and governmentRead More →

Defined benefit plan or defined contribution plan: an overview Employer pension plans are divided into two broad categories: defined benefit plans and defined contribution plans. As the name suggests, a defined benefit plan, also known as a traditional pension plan, provides a specified payment amount at retirement. A defined contributionRead More →