Products

Newport Group will be the recordkeeper for the pooled employer plan.

The firm is targeting its pooled employer plan at startups and companies with up to $10 million in retirement plan assets.

The firm says its new platform is meant to make it easier to handle retirement plan distributions.

Northern Trust updates investor portal for alt asset managers, SSGA introduces corporate bond ESG ETF, and Mercer launches climate transition analytics solution.

The company says it hopes to enable people to create a monthly budget for spending and saving, including emergency funds.

Recordkeeping for the new pooled employer plan will be provided by Empower Retirement.

Terms of the transaction were finalized on September 25. 

The investment firm has also added personalized financial wellness digital capabilities.

In December, Nationwide will introduce a new in-plan fixed indexed annuity to provide principal protection with potential for growth based on the return of an index.

Vanguard adds Sprucegrove to oversee value fund; Bloomberg incorporates MSCI's ESG ratings; and PFM introduces Stable Value Diverse Manager strategy. 

Transamerica will be the recordkeeper for the new plan and offer specialized recordkeeping specific to each adopting employer.

One notable feature is that Everyday 401(k) allows small business owners to commence setting up a plan and enroll their employees online at the main Chase.com homepage.

PensionEase combines actuarial benefit calculation services with participant and benefit distribution services.

Wilmington Trust adds DocuSign to eVault program; Columbia Threadneedle announces Fixed Income successor; and TIAA grows variable annuity investment lineup. 

It enables sponsors to shift their benefits dollars to the retirement plan or to an employee’s student loan servicer.

Capitalize says its platform supports employers by helping them lower fees paid to administer their 401(k) plans and by freeing up HR time otherwise spent communicating with former...

The firm already offered a number of financial wellness solutions across its lines of business.

Franklin Templeton announces new all-inclusive fee structure and SMArtX Adds Investment Strategies from Fidelity, Northern Trust and Vanguard. 

The firm says the enhanced experience allows clients to quickly and securely enroll in their plans, change contributions, set investment strategy and update personal details.