Investment Instruments

The Labor Department has filed a motion to pause two federal court cases challenging the Retirement Security Rule, which was finalized last April and had been set to go into effect last September, but has been beset by lawsuits.

A group of 17 Republican state attorneys general are demanding answers from top asset managers, who they say are misleading investors and retirement plan fiduciaries by omitting “essential disclosures for funds that include Chinese investments,” according to the AG letter.

The Senate’s new bill would allow 403(b)s to include CITs as part of their investment menu options, and now the Investment Company Institute is getting behind the effort to boost retirement savings for nurses, educators, and other nonprofit workers.

Now, financial advisors can offer Capital Group’s ICanRetire employee engagement tool to small business owners to help improve participant outcomes and increase contributions.

Women often earn less, live longer, and face career interruptions, however, gender-specific employee matches would be inappropriate, says Cathy Mendell, founder, Theia Financial.

In addition to the $40 million Vanguard agreed to pay to investors as part of a class action suit in November, the SEC now finds that the firm did not provide retail investors accurate information about the capital gains and tax implications of a change to investment minimums.

A new Investment Company Institute national ad campaign attempts to mobilize 120 million Americans “to protect retirement savings” by urging Congress to extend the 2017 Tax Cuts and Jobs Act, set to expire at the end of 2025.

You are demonstrating support for the entirety of your workforce by recognizing their individual financial circumstances and offering benefits that address them.