In response to the DOL’s November final rule permitting the consideration of ESG in retirement plans, Senator Mike Braun and Congressman Andy Barr introduced a resolution to nullify...
Northern Trust makes key fund hires; Edelman Financial Engine buys California-based retirement advisory; Prime Capital Partners with PFS to enter Sioux Falls and South Dakota markets; and more.
MSCI offers investment tools to screen companies harming biological diversity; John Hancock launches equity income portfolios; RBC launches U.S. mutual funds with exposure to global markets; and more.
Retirement contribution rates reached record highs, with combined worker and employer contributions equal to 13.9% of pay in 2021, new data from the Plan Council of America show.
National Institute on Retirement Security research finds pension plans alone often don’t provide retirement income adequacy for state and local government employees.
Morningstar increased its recommended withdrawal rate for retirees from last year and continues to see best outcomes for participants in both bonds and stocks.
Preqin brings benchmarking to “opaque” alternative assets market; Fortress start new alternative asset investment division; Pimco fund taps private and commercial real estate; and more.