The firm established the new team to amplify its voice in public policy discussions about retirement, as well as advise on the development of new products and services.
The Employee Benefits Security Administration released a video to remind plan sponsors about the importance of participants completing the Social Security Administration’s potential private retirement information notice.
After making adjustments to its plan design, Pitt collaborated with TIAA to launch a campaign that educated the diverse population of employees about the changes.
The agency increasingly relies on supplemental funds, despite taking on more responsibilities, such as overseeing SECURE 2.0, according to the Government Accountability Office.
The launch comes about a year after the program was announced in 2022, with the goal of capturing lost or terminated accounts and preventing 401(k) plan leakage.
The new definitions aim to provide language for investors that allows them to communicate their responsible investment practices accurately and consistently, according to the CFA.