Despite geopolitical uncertainty and market volatility, most retirement plan investors took a ‘long-term, buy-and-hold approach’ in April, according to Alight.
Equitable introduced criteria to compare guaranteed and nonguaranteed offerings, while IRIC and Manifest made the case for linking account consolidation to investment for retirement income.
The acquisition of the Pittsburgh-based retirement solutions provider is expected to expand Ascensus’ services for plan sponsors and other parts of the industry.
The president and his advisers float the idea of borrowing elements from Australia’s vast superannuation regime, but experts question how far Republicans are willing to go.
InspereX rolls out Insights Hub for Aria platform; Knighthead Life launches US fixed indexed annuity; StepStone Group partners with PitchBook for private market metrics; and more.
The plaintiffs’ law firm expanded its campaign against employers over supplemental insurance offerings, arguing that workers are overpaying for critical coverage.
The Pension Benefit Guaranty Corporation is following recent efforts from other retirement regulators that have increasingly weighed in on litigation to support employers.
Newer hires made smaller deferrals and showed a gap in financial literacy about retirement planning, according to a SPARK and Corporate Insight survey.