Deals and People | September 8th, 2023 Retirement Industry People Moves Newfront hires Lumban as retirement plan consultant; Vestwell selects new VP; PGIM hires Adler as private alternatives CEO and president;...
Deals and People | August 25th, 2023 Retirement Industry People Moves Turning Technology hires former head of iShares; Principal selects Dessouki as chief marketing officer; and Puerto joins J.P. Morgan Private...
Deals and People | August 18th, 2023 Retirement Industry People Moves Newly formed Collective Retirement Solutions taps Bill Higgins as MD; Ocorian promotes French to head of financial crime; Voya’s Penland...
Data and Research | August 17th, 2023 Auto Default Contributions Hit High of 4.1% Among Fidelity Participants The recordkeeper also found retirement saving balances rebounding with stronger market performance in Q2.
Administration | August 15th, 2023 Judge Sets Trial Date for American Airlines ESG Lawsuit The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.
Deals and People | July 28th, 2023 Vestwell Acquires Student Loan Benefits Firm Gradifi from Morgan Stanley The move adds student loan related tools such as employee payment management and debt refinancing to the digital 401(k) providers...
Products | July 25th, 2023 TIAA Touts In-Plan Annuity Growth Even as Retail Sales Hits New Record Retirement income needs, compared to high interest rates, are driving annuity growth in 2023.
Benefits | June 15th, 2023 Participation Rates in 401(k) Plans Reach All-Time High Plan sponsors have driven plan participation in the last 15 years to a record high in 2022, Vanguard reports.
Data and Research | June 13th, 2023 High-Income Households More Likely to Overestimate Retirement Readiness More than 25% of U.S. households think they are on track to maintain their standard of living in retirement, but...
Administration | April 25th, 2023 Transamerica Signs On as Recordkeeper for Smart’s ‘Choice PEP’ Smart Retirement Solutions’ new pooled employer plan aims to create a 401(k) retirement solution for employers looking to reduce their...
Deals and People | January 17th, 2023 Retirement Industry People Moves Voya expands wealth solutions team with northeast hire; Transamerica names director of Institutional Sales; DFA names CEO for Australia fund...
Compliance | December 16th, 2022 Republicans Propose More Anti-ESG Legislation That Won’t Pass In response to the DOL’s November final rule permitting the consideration of ESG in retirement plans, Senator Mike Braun and...
Investing | December 2nd, 2022 Morgan Stanley Expands Robo-Advising Tech with Blooom Purchase Morgan Stanley grows its retirement offering with purchase of 401(k) robo-adviser Blooom's technology. Former Blooom customers are back in the...
Compliance | November 23rd, 2022 ESG Is Now Permissible, But Not Required, Under ERISA The DOL rule is designed to reduce legal uncertainty and obstacles to ESG investment.
Compliance | November 8th, 2022 403(b) Plans May Apply for IRS Determination Letters Starting Next June The IRS will provide determination and termination letters to 403(b) plans beginning next June.
Ask the Experts | November 8th, 2022 What Kind of Payments Can a Hardship Request Cover When Buying a Home? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | November 4th, 2022 SEC Considers Making Swing Pricing Mandatory for Open-Ended Mutual Funds If adopted, the new rule would require most open ended funds to keep at least 10% of their assets in...
Compliance | October 19th, 2022 A Look at Proposed Regulatory Changes to Crypto and Retirement Plans The environment for crypto could change as it becomes more accepted in retirement products.
Data and Research | September 28th, 2022 Workers Delaying Retirement Has Doubled Since Last Year For employers, the recent upward trend in delayed retirement is causing complications, according to a new report from Nationwide Retirement...
Compliance | September 16th, 2022 Suit Claims Janus Henderson Favored Its Own Funds in 401(k) Plan Case alleges firm put high-fee, underperforming proprietary funds in its retirement plan