Ted Godbout

A March 1 House subcommittee hearing to address improving retirement security and access to mental health found itself largely debating the Biden administration’s proposed guidance on ESG factors, as well an array of retirement policy proposals.      The hearing by the House Education and Labor’s... READ MORE

Despite the Great Resignation, saving for retirement is still very much a priority, as Fidelity’s IRA and DC plan savers set new records in 2021. Assisted by strong market gains and employers helping to keep workers on track, Fidelity Investments’ 2021 year-end analysis of more than 35 million IRA... READ MORE

Guidance on the SECURE Act, missing participants and student loan payments are among the items listed on the updated 2021-2022 Priority Guidance Plan of the Treasury Department and IRS.  The updated Treasury/IRS plan released Feb. 22 sets forth guidance priorities for the 12-month period from July... READ MORE

For both small and large retirement plans, average total plan costs for 401(k)s continued to decline in 2021, with plan investment fees leading the way, according to the latest edition of the 401k Averages Book.  The 22nd edition of the book shows that all scenarios saw a year-over-year decrease... READ MORE

Key members of the House of Representatives have reintroduced legislation to allow retirement plan sponsors to provide annuities as a default option in their DC plans.    Reps. Donald Norcross (D-NJ) and Tim Walberg (R-MI), who serve together on the House Committee on Education and Labor’s Health... READ MORE

Fund selectors see interest rate hikes, inflation, valuations and volatility as among the growing list of portfolio risks as they look to manage investments and client emotions, a new survey reveals.  According to findings by Natixis Investment Managers, 80% of the investment managers say that... READ MORE

While few target date funds currently include strategies to reduce volatility with the ability to enhance returns, which are principles of stable value, there appears to be significant interest in features that can do both, according to MetLife’s 2022 Stable Value Study.  If a TDF provider could... READ MORE

The nearly $2 trillion broad-based legislative package that includes mega Roth and other retirement-based revenue raisers does not appear to be moving anytime soon, but there is hope for bipartisan retirement legislation.  Speaking to reporters last week, Sen. Joe Manchin (D-WV)—who had been the... READ MORE

Individuals are thinking more critically about how future events could affect their finances and recognize the need to take action in creating long-term financial security and protecting against financial uncertainty, a new survey finds.  According to AIG Life & Retirement’s “Moving Forward”... READ MORE