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Nationwide Investment Management Group names new head; Investment Company Institute elects new chair; Kestra Holdings expands its leadership team; and more. 

‘We’re at a perfect time to continue to see this market evolve and grow,” said Keith Golembiewski, head of annuity research at LIMRA, during the livestream session. 

Nationwide introduces CareMatters Annuity; and AB expands lifetime income platform with fixed-annuity allocation.

The funded status of the largest 100 corporate defined benefit plans reached its highest level since October 2007, according to Milliman.

The deadline concerns necessary changes to required minimum distributions to comply with SECURE and SECURE 2.0.

A judge dismissed plaintiffs’ complaints against plan sponsor Caesars Holdings but allowed complaints against the fiduciary investment manager to move forward.

Retirement plans’ private investments is the top priority of Blackstone’s defined contribution unit.

Significantly more companies are considering introducing benefits in the next 2 years than eliminating them, according to Goldman Sachs Ayco.

President Ralph Haberli will serve as acting CEO, while Shah will continue in an advisory capacity until the end of the year.

The Mercer CFA Institute Global Pension Index again found the Netherlands to have the best retirement system.

A livestreamed flagship conversation is scheduled for October 23. 

The legislation would codify the executive order issued by President Donald Trump in August.

The plaintiffs allege that the institution breached its fiduciary duty by choosing not to use forfeited funds to reduce plan expenses, even though contributions had already been offset.

Broadening access to defined contribution plans could increase retirement readiness by 19 percentage points, according to the report.

The subscription service aims to assist retirement plan fiduciaries with choosing the retirement income options that best fit their participants’ needs. 

Investors moved away from U.S. large-cap equities and into bonds in the year’s third quarter, particularly in September, according to Alight Solutions.

The legislation continues to receive bipartisan support, with one of the bills recently advancing out of committee in the House. 

Common interest agreements between legal firms and the Department of Labor have attracted prior criticism but they are less likely to occur under the Trump administration. 

IRS appoints Jarod Koopman acting chief tax compliance officer; TIAA hires Rob Crothers to lead business development; June Kim leaves CalSTRS, joins CalPERS; and more.

Industry experts discussed the adoption and use of retirement income products, including what can drive better outcomes for plan participants.