Skip to main content

You are here

Ted Godbout

How do you increase retirement security for 80 million 401(k) account owners? By making electronic delivery of 401(k) plan information the default method for communicating with plan participants. This has the potential to significantly improve the retirement security of millions of Americans... READ MORE
Leading ERISA legal minds believe the Securities and Exchange Commission’s proposals to establish new standards of conduct for broker-dealers (BDs) and investment advisers (IAs) still need a lot of work.The SEC on April 18 voted 4-1 to release for public comment two new rules and one new piece of... READ MORE
If you’re a young Millennial, can you imagine what you and the world will be like when you’re 80? To get a better sense, a new study examines how the largest generation in the current U.S. workforce envisions progress over the next 50 years.Being at the center of changes being driven by technology... READ MORE
Fearing that the current administration will not defend the fiduciary rule, AARP on April 26 filed a motion to intervene, seeking an en banc review of a divided panel ruling by the U.S. Court of Appeals for the 5th Circuit. The 5th Circuit on March 15 invalidated the rule, holding that the... READ MORE
Speculation continues to swirl on whether the Department of Labor will appeal the ruling by the 5th U.S. Circuit Court of Appeals vacating the fiduciary rule, but time is running short.At the April 15 opening session of the NAPA 401(k) Summit in Nashville, the Groom Law Group’s David Levine and The... READ MORE
New survey results show that a significant majority of 401(k) consultants support additional services in DC plans.Nearly two-thirds (64%) of survey respondents said they believe plans should offer a “separate retirement income tier,” which may include retiree-focused services and products,... READ MORE
Is your firm still using outdated marketing practices to try to generate new leads? That apparently won’t cut it if you want to survive in today’s market.    To increase your reach with potential clients and solidify your brand, it is essential to move beyond outdated marketing efforts by... READ MORE
Recent market volatility and doubts about how long the bull market will last has increased demand for alternative investments strategies, according to a recent survey of institutional investors.Based on responses from more than 400 institutional investors and family offices, the latest Context... READ MORE
Enactment of the Retirement Enhancement and Savings Act (RESA) would be an important step in encouraging employers to offer DC plans and to expand access to various retirement savings options, panelists at a Capitol Hill retirement policy forum have suggested.The April 11 forum, sponsored by the... READ MORE
As workers become more highly mobile, frequently changings jobs and homes, the task of finding missing plan participants can be a time-consuming and difficult process for plan sponsors, particularly in light of the Department of Labor sharpening its focus on efforts taken by sponsors to find... READ MORE
Following an industry-wide investigation of mutual fund disclosures and fees, New York State’s Attorney General reached agreement with several large mutual fund firms to make information relating to their actively managed equity funds readily accessible and is calling on others to follow suit.... READ MORE
Twenty years after the last major overhaul of the IRS, key members of Congress on both sides of the aisle believe the agency is long overdue for a makeover and needs to return to its “service first” mission.House Ways & Means Oversight Subcommittee Chairman Lynn Jenkins (R-KS) and Ranking... READ MORE
Not only do individual account assets make up a large portion of the financial assets of those who own them, but those with individual accounts have significantly higher net worth levels than those without them, according to new research by the Employee Benefit Research Institute (EBRI).Based on an... READ MORE
Following in the footsteps of several other states, the Empire State is moving forward with its own voluntary retirement savings program for employees who are not offered a plan through their employer.At a March 30 press conference, Gov. Andrew Cuomo (D) announced that he had reached an agreement... READ MORE
Since 2009, total 401(k) plan costs have decreased whether measured on a plan-, participant- or asset-weighted basis, according to the latest report in the BrightScope/ICI Defined Contribution Plan Profile series.Based on BrightScope’s total plan cost measure, which includes all fees on the audited... READ MORE
Given the recent attention and lack of formal guidance addressing missing participants for ongoing DC plans, there are increasing calls for the government to formally address how far plan sponsors need to go to find missing participants.Noting that the IRS, Labor Department and PBGC have been... READ MORE
While many would argue that comparing the returns of DB and DC plans is not an apples-to-apples analysis, a new report examines the plan performance gains that DC plans have made against DB plans.CEM Benchmarking’s report, “Defined Contribution Plans Have Come a Long Way,” finds that DB funds have... READ MORE
While the majority of HSA account holders are spenders, a new report indicates a potential shift in the saver/spender trend, as more employees express concern with health care costs in retirement.ConnectYourCare’s 2018 report — “CDH Account Trends: Tax-Advantaged Account Usage, Outlook and... READ MORE
While still making the most of what they can in today’s market, institutional investors have been bracing for the impact of renewed market volatility, taking steps to diversify and construct durable portfolios, according to new survey findings.Natixis Investment Managers’ sixth consecutive annual... READ MORE
A Willis Towers Watson study finds that most large employers now provide only defined contribution and other account-based plans to newly hired employees. “Retirement Offerings in the Fortune 500: A Retrospective” examines the primary retirement plans offered by current Fortune 500 companies... READ MORE

Pages