Chubb Offers to Acquire The Hartford
Chubb is an insurance-focused firm, leaving the question of what will happen to The Hartford’s mutual fund business.
Latest News
Public Sector Employees Need a Push to Supplement Pensions
Public sector employees do not increase savings in DC plans in response to potentially lowered DB benefits or the inability to participate in Social Security.
Benefits |
Participants More Engaged Than Ever at Work
Now is the time to encourage positive behaviors, especially with health care benefits, sources say.
Recordkeepers Responding to Focus on Emergency Savings
Retirement plan recordkeepers are shifting how they see their role in ensuring financial security for participants, and they’re reacting to plan sponsor demand.
Products |
Investment Product and Service Launches
Hartford Funds launches new ETF and T. Rowe Price creates Impact Equity Fund.
Retirement Accounts Post Record During a Pandemic and Recession
Employer-sponsored retirement plans and individual accounts hold some $35 trillion in total assets at a time when the broader economy—and many of its most vulnerable constituents—continues to struggle.
Stimulus Bill Includes Executive Compensation Changes That Might Affect NQDC Plans
The legislation changes the Internal Revenue Code so that more top earners’ compensation won’t be deductible.
New Trends in Investing Pushing Greater OCIO Use
The push to create value-aligned portfolios, add annuities to retirement plans, and free up time to focus on other things are reasons for an increased use of outsourced...
Products |
Fidelity Exiting HR/Payroll Business
The company will work with Paycor to integrate it with Fidelity’s other platforms.
Products |
John Hancock Dashboard Enables Retirement Readiness Analysis
It also allows sponsors to identify opportunities to improve participant outcomes.
Nextep MEP Sued for Excessive Fees
The lawsuit takes particular issue with the use of higher-cost share classes and revenue sharing.
Products |
Center for Board Certified Fiduciaries to Offer Master’s, Ph.D.
Thirty-five fiduciary advocates and leaders have created the center, which will be affiliated with at least one university, to help develop exemplary fiduciaries.
How This Year’s Plan Financial Audit Could Be Different
Auditors might be reviewing more transactions and processes, and they’ll need more time to handle audits remotely.
Products |
Plan Sponsors Can Now Receive Certificate for ESG Investing
The certificate was developed by the CFA Society of the United Kingdom is recognized by the UN Principles for Responsible Investment.
GAO Calls on DOL to Issue Cybersecurity Guidance
In a new report, the Government Accountability Office says DC plan fiduciaries need more guidance on cybersecurity.
Experts Say Apollo’s Athene Acquisition Will Position It for More Deals
Athene has been a leader in both pension risk transfers and annuities.
Warn Participants About High Health Care Costs in Retirement
Offering HSAs is only one way to help employees prepare for rising health care costs throughout retirement.
Magistrate Judge Says Aon, Alight Can’t Evade PRT Lawsuit
The firms allegedly provided a comprehensive set of pension plan termination services to a hospital system client that, according to plaintiffs, resulted in suboptimal outcomes for the employer...
Participants Don’t Know Their Fees Are Declining
A survey finds nearly three-quarters of Americans don’t know how much they pay in retirement plan fees, while the ‘401k Averages Book’ shows fees continue to come down.
Retirement Industry People Moves
Hearts & Wallets selects chief client officer; executive VP and global head Joins AIG; and Former Lincoln Group exec moves to Transamerica as new president and CEO.