Amendments to SEC Custody Rule Would Expand Scope to More Asset Classes
Many market actors are requesting an extension on the comment period, which ends Monday, to better analyze the proposal.
Latest News
Retirement Industry People Moves
Millennium Trust announces new chief financial officer; Transamerica names customer experience and marketing lead; and more.
Benefits |
HSA Bank Offering Provides Reimbursement to Participants for Education Costs
The employer-provided Tuition Reimbursement Account could help participants pay for expenses like tuition, books, registration fees and more.
Florida Anti-ESG Bill Signed Into Law by DeSantis
The governor hopes the bill will be a blueprint for states seeking to ban sustainable investing.
GSAM Promotes Tavares to Head of Multi-Asset Solutions Advisory
Goldman Sachs Asset Management plans to focus resources on the multi-asset solutions business.
DC Plan Sponsors Should Pay Attention to Increased Litigation, Low Retirement Confidence
The first quarter of 2023 in the defined contribution market saw an uptick in lawsuits, many legislative and regulatory changes and a dip in retirement confidence, speakers on...
Products |
Investment Product and Service Launches
Allianz Life enhances Allianz Index Advantage+ Variable Annuities; Brighthouse Financial improves Shield Level Annuities Product Suite.
Auto-Enrollment Gains in Popularity Among Retirement Plan Participants
An annual American Century Investments survey revealed a major increase in acceptance and expectation of employers pushing employees to save more.
PBGC Grants More Than $600 Million to 3 Struggling Pension Funds
The pensions are in the service, transportation and manufacturing industries.
Siegel Says Stock Options Can Help Participants Hedge Against Inflation
Economist and investor Jeremy Siegel favors stocks, REITs and certain high-yield bonds for long-term investing.
Many Plan Sponsors Hesitant to Offer Retirement Income, Study Shows
Many plan sponsors have yet to consider retirement income solutions and are hesitant about offering alternative investments.
Annuities Hit All-Time Quarterly Record
LIMRA reports that retail annuities are booming, even as new research from PGIM shows that 34% of plan sponsors are considering adding them in retirement plans.
New NIRS Report Details Alaska Public Worker Exodus After Switch to DC Plan
The 2005 move led to increased turnover in employees enrolled in Alaska’s TRS and PERS retirement plans, the study found.
Former Wilmington Trust CIT Division Rebranded as Great Gray Trust
After acquiring the Wilmington Trust CIT division from M&T Bank, new owners Madison Dearborn Partners opt for rebrand.
Senator Ben Cardin Will Not Seek Re-Election in 2024
Maryland’s Cardin was one of the key architects of and proponents of retirement reform on the Hill, including and especially SECURE 2.0 legislation.
Pensionmark Hires Curley to Oversee Compliance
A former RIA founder, Curley will manage global financial services strategy.
What Do Plan Sponsors Focus on When Doing an RFP?
Plan sponsors completing a request for proposal want a provider to stand out by addressing the company’s benefit needs through technology and education.
How Technology Has Transformed the RFP Process
When searching for a new recordkeeper or adviser, plan sponsors can take advantage of new technology tools to help streamline the RFP process and avoid the administrative headache.
What This Year’s RFPs Will Look Like
New technology, new priorities and traditional cultural connections should all be in focus as plan sponsors manage request for proposals processes.
Benefits |
USI Consulting Brings on DB Pension Exit Experts
The retirement consultancy brings on actuarial expertise with acquisition of Hooker & Holcombe.