John Sullivan

Is the litigation tide turning in favor of plan sponsors? That’s a growing perception but one contradicted by data, at least when it comes to dismissal motions.  Fiduciary liability insurance provider Euclid Fiduciary found that, as of the end of July, plan sponsors “are only winning approximately... READ MORE

Plan costs and an uncertain economic outlook are driving plan sponsors to look to digital recordkeepers, representing an opportunity to solve a need and unexpectedly disrupt the market. The report, a new Cogent Syndicated release from Escalent, shows retirement plan sponsors face more cost... READ MORE

Recent research from the Investment Company Institute (ICI) sought to answer two critical questions on which retirement policy is often based—how do the amount and compositions of spendable income for individuals change from middle to old age? “There are constant proposals to overhaul Social... READ MORE

New requirements included in SECURE 2.0 legislation to simplify and consolidate reporting and disclosure forms have been submitted to the Office of Management and Budget (OMB). The items identified as RIN: 1210-AC23 appear on the regulatory dashboard at Reginfo.gov; however, they have not been... READ MORE

Maybe they don’t know everything after all? Over half of Gen Zers and Millennials consider themselves at least somewhat financially dependent on their parents, with 23% stating they’re still very reliant on their parents, according to newly released research by Experian.  And while Gen Z had a... READ MORE

The damage an overreliance on financial jargon can do to participant confidence and, by extension, a retirement professional’s business is well-documented. Still, a new survey brings it (yet again) into stark relief. It might make a retirement professional sound smart while making the client... READ MORE

Not your grandparents’ retirement? Actually, it is. A little-reported finding from Schroders’ recent US Retirement Survey 2023 is that Millennials are inexplicably investing in much the same way as their grandparents. The surprising fact doesn’t bode well for the younger generation, which should... READ MORE

The American Retirement Association joined over 100 organizations—including major corporations, law firms, and advocacy organizations—in sending a letter June 29 to the House Ways & Means Committee seeking a two-year delay of the Roth catch-up requirement in SECURE 2.0 that requires anyone who... READ MORE

A surprising finding in a comprehensive report from earlier this year: there is no gender gap between men and women in access to employer-based retirement plans, and participation rates are also consistent between the genders. Unfortunately, the same cannot be said for savings, with women... READ MORE