Tag: collective investment trusts (CITs)

Empower is working with asset managers and insurance companies to launch a new lineup of products to convert savings into...

Nationwide, Morningstar team up on adviser-managed accounts; OneAmerica launches active TDF series of CITs; Cullen brings first income-generating ETF to...

The Senate now needs to consider the bill that would also expand access to capital for certain businesses.

The legislation is a first step to allowing the lower-cost investments' use in nonprofits and school retirement plans.

The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the...

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...

Fees continued to fall, performance rallied and assets grew, according to Sway Research.

Voya officially launches dual QDIA; MassMutual introduces first sub-advised municipal bond strategy and selects sub-adviser; SEI signs on as trustee...

It’s still a work in progress, as a legislative proposal makes its way through Congress.

Speakers review what the wide-ranging retirement law means for higher education, nonprofit, health care and government employers.

Demand for collective investment trusts is growing across retirement plan market segments, according to a survey of defined contribution investment-only...

TIAA hired a senior consultant executive and promoted two others internally, positioning the company to grow distribution for guaranteed lifetime...

Nelson was appointed to replace Christopher Strickrod, who TIAA promoted earlier this year.

Spouting Rock Financial Partners debuted a new retirement-focused division.

Newly formed Collective Retirement Solutions taps Bill Higgins as MD; Ocorian promotes French to head of financial crime; Voya’s Penland...

An insurance advocacy group follows up 2023 legislative plans with a push for policies that increase the use of retirement...

A federal judge in Michigan allowed the lawsuit against Magna International to go forward while denying one of the defendants’...

The proposal would provide the needed changes to securities laws that were missing from SECURE 2.0.

Many claims from 2020 complaint were dismissed, leaving settlement subject to final approval at a September fairness hearing.   

After acquiring the Wilmington Trust CIT division from M&T Bank, new owners Madison Dearborn Partners opt for rebrand.