Deals and People | January 15th, 2023 BlackRock Invests in Fintech 401(k) Provider Human Interest Human Interest CEO says minority stake from BlackRock will help hiring in areas including product, engineering, and customer acquisition.
Data and Research | December 13th, 2022 Retirement Contributions Break Records in 2021 Retirement contribution rates reached record highs, with combined worker and employer contributions equal to 13.9% of pay in 2021, new...
Compliance | November 22nd, 2022 Judge Sides with Nestlé In Request to Dismiss 401(k) Class Action Suit Judge recommends dismissal of a class action lawsuit brought by a participant against Nestlé with accusations of unnecesarily high fees...
Data and Research | November 17th, 2022 Fidelity 401(k) Balances Drop 23%, But Default Savings Hold Workers kept their employer-sponsored retirement plans on track in Q3 even as they saw 21% or higher declines in their...
Investing | November 15th, 2022 Exploring ESG Investing: An ESG Path Forward Asset allocators Zach Stein and Andrew Siwo discuss different approaches to ESG and sustainable investing .
Compliance | November 15th, 2022 DOL Hits Back at ForUsAll, Won’t Confirm Crypto Retirement Guidance Is “Not Binding” The DOL said retirement provider ForUsAll misrepresented its cyptocurrency guidance from March and that the court overseeing the suit has...
Products | November 8th, 2022 Comparative 401(k) Tool Is Released To Public The analytics tool is now available to plan providers, plan sponsors and plan participants.
Compliance | October 31st, 2022 Washington Insiders Offer Timeline Update on SECURE 2.0 Comprehensive retirement reform is expected to pass this year and is intended to increase access to retirement accounts.
Data and Research | October 21st, 2022 Economists Say Enjoy Your Youth and Save Later Research in the Journal of Retirement argues that most workers in their 20s should wait until middle age before saving...
Compliance | October 12th, 2022 Law Firm Files Motion to Dismiss ERISA Complaint Targeting BlackRock Funds Attorneys for the defendants have asked a federal district court to dismiss ERISA fiduciary breach claims.
Products | September 26th, 2022 Partnership Expands Retirement Plan Coverage to Underserved Markets The service from Transamerica, Smart, and Finhabits is meant to be an affordable alternative to state-mandated retirement plans.
Products | September 20th, 2022 Retirement Gateway from Equitable Launches for Small Business 401(k) program seeks to serve small and startup plans by easing demands on plan administrators.
Ask the Experts | September 20th, 2022 What Qualifies as an ‘Immediate and Heavy Financial Need’ Under Hardship Withdrawal Rules? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Benefits | August 30th, 2022 Plan Sponsors: Act Now to Link Student Loan Forgiveness and Retirement Alight Solutions offers tactics for plan sponsors to boost workers’ 401(k) deferrals following the president’s student loan forgiveness announcement.
Data and Research | August 8th, 2022 Retirement Plan Provider Technology Investments Show Success Online savings tools are gaining popularity with retirement plan participants as journey-based website designs and AI-enabled chatbots gain wider acceptance.
Products | August 4th, 2022 DCIIA Publishes Resource for Introducing a Retirement Tier in DC Plans A new series of papers aims to provide plan sponsors a framework for supporting near retirees and retirees in preparing...
Products | August 3rd, 2022 Huntington National Bank, Pai Announce New Partnership The partnership seeks to provide support for small business with their employer-sponsored retirement programs.
Data and Research | July 18th, 2022 401(k) Participation is High, But Few Contribute Up To IRS Limit Gen Z women surpass the men in accumulated retirement savings with higher account balances on average, says a new report.
Data and Research | July 13th, 2022 Biggest Investor Worries Are Inflation and Recession Risk Investors put heavier weight on retirement income protection than financial professionals.
Products | June 30th, 2022 Ubiquity Announces New Partnership, Adds 3(16) Services to Select 401(k) Products Ubiquity will receive business referrals from Paycor to provide retirement benefit solutions and says its new 3(16) services will allow...