
Latest

EFE Names Former Personal Capital Head Jay Shah as CEO
Shah, who until January was running Empower’s consumer wealth management division, will head EFE as current CEO Larry Raffone takes...

Franklin to Add Retirement AUM With Putnam Acquisition
Great-West, parent of Empower, will shed its asset management division but gain a 6.2% stake in Franklin.

Vanguard to Pay FINRA $800,000 for Money Market Errors
The firm cited ‘technical’ issues in a letter of acceptance for overstating projections for 8.5 million accounts.

Smart Bolsters Tech Solutions With Acquisition of ProManage
Smart’s global assets under management soar to more than $10 billion following its recent $95 million Series E funding round.

Debt Ceiling Proposal Expected to Pass House
The agreement would extend the debt ceiling until January 2025.

Benefits |
Employers Plan to Cut Back on Benefits Amid Recession Fears
25% of HR leaders said they are cutting back on employee financial benefits to prepare for a recession, a Morgan...

Swing Pricing Protects Investors From Dilution, Gensler Says
SEC Chairman Gary Gensler offered a spirited defense of the swing pricing proposal in a conversation with ICI’s Eric Pan.
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