The $340 million deal is expected to transfer more than $130 billion in assets while Milliman retains its retirement and healthcare actuarial consulting business.
Simplicity in the product, its integration into recordkeeper platforms and the participant experience can determine which become leading solutions, according to a new DCIIA Retirement Research Center survey.
Gen Z’s embrace of Roth IRAs has been clear, but new data suggest the workplace retirement plan could be the next frontier—if employers can overcome decades of inertia.
Employers can provide 401(k) participants with high-quality tools to drive a smoother conversion of savings into resources, according to research from the TIAA Institute and Nuveen.
The trade group argues that new state restrictions interfere with employer-sponsored health plans, as scrutiny of pharmacy benefit managers intensifies.