The move helped shore up the pension plans financial standing and alleviates some of the PBGCs concerns about the plans sponsor being sold to a company with fewer financial resources.

There are three basic portfolio risks that can prevent investors from achieving their goals, retirement and otherwise: capital risk, reinvestment rate risk and inflation risk.

More than 70 percent of consultants surveyed said they are concerned or very concerned about each of these topics.

The flags indicate whether a plan is underperforming, is poorly designed or has reached certain thresholds that suggest it may need new services.

An Iowa-based investment advisor is being forced to repay $341,487 to 68 pension plans he and his company worked with from May 2007 through November 2011.

Eighty percent of millennial workers say they have a monthly budget and two-thirds have established an emergency fund.

A report by the Government Accountability Office found that while the most severely distressed multiemployer plans have taken steps to address their funding problems, some did not.

Called the Secure Choice plan, it would give them access to savings accounts that would be similar to traditional IRAs.