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Northwestern Mutual adds to Pillar Financial Group; UBS hires Las Vegas financial adviser; Lincoln Financial Network hires two financial professionals; and more.

Environmental, social and governance investing is not what you may think.

DWS expands Xtrackers ESG suite; Voya adds private equity investment option to NQDC offering; MSCI expands Implied Temperature Rise Metrics to funds and indexes; and more.

New advisory councils will expand DCIIA’s research and engagement into defined contribution retirement plans.

Economic recession and geopolitical tension ranked as more impactful on next 6 months than pandemic, ESG.

These warnings allege potential anti-trust violations and come in the wake of other such warnings and divestments on the state level.

The IRS will provide determination and termination letters to 403(b) plans beginning next June.

The analytics tool is now available to plan providers, plan sponsors and plan participants.

The ERISA Industry Committee has joined an amicus brief, with the U.S. Chamber of Commerce, asking a federal appeals court to uphold the dismissal of a 401(k) lawsuit. 

CEO David Ramirez says the firm will drop its lawsuit against the DOL so long as the agency confirms its warning on cryptocurrency does “not have the force...

Traders favored stable value funds, with outflows coming from target-date funds and company stocks.

New Prudential Financial data shows a gender gap — in outlooks on work and money and gaps between generations — in the workforce 

Among do-it-yourself investors, allocation to ESG funds is ‘relatively modest when offered in the core menu,’ shows research paper from PGIM and EBRI.

If adopted, the new rule would require most open ended funds to keep at least 10% of their assets in the “highly liquid” category and would mandate swing...

TIAA enters into definitive agreement to sell TIAA Bank; Voya Financial to acquire Benefitfocus; Heffernan Retirement Services acquires Investment Solutions Group; and more.

A potential backlash on ESG investing along with confusion over DOL guidance led to a 14% drop in ESG implementation by institutional investors, including large pension and DC...

The Phoenix-based company is alleged to have breached its fiduciary duty to plan participants.

In the U.S., the gender wealth gap at retirement mirrors the global average. 

The union plan had been severely underfunded for over a year but can now meet its liabilities to nearly 400 participants.

BNY Mellon Investment Management launches active global infrastructure income ETF; FTSE Russell introduces Russell 3000 Fixed Income Index; Vanguard environmental fund now available for investment; and more.