Deals and People
Creative Planning already has a well-established 401(k) offering, but the acquisition will open up its market reach to smaller plans.
“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...
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.