Deals and People
“We will do everything we can to make this a non-event for plan sponsors and participants,” says Renee Schaaf, Principal’s president of retirement and income solutions.
The focus of the newly independent ShareBuilder 401k will be on expanding coverage among small companies, says its president.
Drawing on his experience leading a sizable integration of two recordkeepers, the CEO of John Hancock Retirement Plan Services offers some insight about Principal’s acquisition of Wells Fargo Retirement and Trust.
Principal’s acquisition of Wells Fargo’s Institutional Retirement & Trust business is complete, and Principal’s Renee Schaaf discussed what that means going forward for the businesses and their clients.
Although many older Americans are concerned about health care costs in retirement and outliving their savings, women are even more so, due in part to earning less than men throughout their careers, according to the National Council on Aging.
Joe Ready, current head of Wells Fargo Institutional Retirement & Trust, is taking a new role as head of Trust and chief fiduciary officer for Wells Fargo Wealth & Investment Management.