Data and Research | January 21st, 2026 Younger Generations’ Top Worry? Building Emergency Savings Plan sponsors can help by offering their employees education and advice, according to CAPTRUST.
Products | January 14th, 2026 Empower Adds Blackstone to Bolster Private Market Investment Program The firm previously joined with several other alternative investment managers after announcing its intention to offer the investments in retirement...
Benefits | October 1st, 2025 Nearly 21,000 Plan Sponsors Have Adopted PSN Auto-Portability The Portability Services Network enables small balance 401(k) rollovers for six recordkeepers comprising 63% of the market.
Compliance | August 29th, 2025 Vanguard, Empower Settle for More Than $25M With SEC After Adviser Compensation Disclosure Failures The commission accused the two companies of providing misleading statements and alleged they failed to disclose conflicts to retail and retirement...
Benefits | August 18th, 2025 Empower to Recordkeep $600M PEP The firm will manage recordkeeping responsibilities for Associated General Contractors’ pooled employer plan.
Compliance | July 16th, 2025 Warren Renews Questions for Empower on 401(k) Private Equity Investments The senator said the company failed to adequately answer questions from her June 18 letter as the industry awaits an...
Investing | May 14th, 2025 Empower to Offer Private Investments in 401(k) Plans The firm is joining forces with several private investment fund managers and custodians to bring private investments to managed accounts...
Compliance | May 12th, 2025 Swiss Re 401(k) Participants Drop Empower Allegations The former Swiss Re employees had accused Empower of charging excessive recordkeeping fees and using participant data to market its...
Benefits | April 30th, 2025 Empower Launches Fee-Free Index Fund The firm intends to offer retirement plan participants higher growth potential by removing management fees in what it terms an...
Compliance | February 21st, 2025 Empower Accused of Misusing Participant Data, Cross-Selling in Recent Lawsuit Former participants of insurance company Swiss Re’s retirement plan also accused the firm of allowing the plan to pay excessive...
Administration | January 15th, 2025 How Recordkeepers Are Supporting Participants Impacted by LA Fires Firms with clients in the Los Angeles area are providing relief for those who may need to tap into their...
Deals and People | September 23rd, 2024 Empower Adds Equity Compensation With OptionTrax Acquisition Recordkeeper and wealth manager adds equity compensation administration and management with latest acquisition.
Deals and People | June 21st, 2024 Retirement Industry People Moves Empower hires Boston broadcaster to new role and appoints head of retirement plans segment; alternatives asset manager hires Samantha DeZur;...
Compliance | June 14th, 2024 84 Lumber Co. Retirement Plan Sued for High-Fee Investments In-Plan A lawsuit against the Pennsylvania-based company has alleged the plan’s recordkeeper fees were higher –than average and that the plan...
Deals and People | June 3rd, 2024 Marta Norton Named Chief Investment Strategist of Empower Norton is leaving Morningstar, where she held a similar position, for the newly created role at the recordkeeper and wealth...
Products | May 9th, 2024 Product and Service Launches Empower providing retirement plan administration to Arizona city; TruStage enhances annuity; Confluence Technologies announces analytics partnership; and more.
Deals and People | May 2nd, 2024 Empower Completes Integration of Prudential Financial Retirement Business Since acquiring the business in 2022, Empower has officially integrated Prudential’s recordkeeping system onto its platform.
Products | March 21st, 2024 Product and Service Launches TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...
Administration | March 21st, 2024 Empower Partners With Variety of Firms to Pair Guaranteed-Income Products With Advice Empower is working with asset managers and insurance companies to launch a new lineup of products to convert savings into...
Benefits | March 6th, 2024 Dawn Foods Boosts Employer 401(k) Matching Contribution Michigan-based Dawn Foods Inc. changed its contribution matching formula to increase the total and reduce participants’ confusion.