Benefits |
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.
Tag: recordkeepers
Putnam CEO Reynolds Will Remain with Great-West Post Merger
The CEO will stay at Great-West Lifeco with part of his focus on the firm's ongoing relationship with Franklin Templeton...
Retirement Industry People Moves
Rugel joins MassMutual as head of operations; BNP Paribas promotes José Placido to CEO and Jean-Yves Fillion to vice chairman;...
TIAA Joins Major Recordkeepers in Portability Services Network
The Retirement Clearinghouse, focused on the portability of retirement savings, continues to expand.
The Standard Will Acquire Securian Financial’s Recordkeeping Business
The Standard entered into the definitive agreement to grow its geographical footprint.
Retirement Clearinghouse Announces Auto-Portability Network with Fidelity, Vanguard and Alight
The Portability Services Network seeks help mitigate cash-out leakage and accelerate the nationwide adoption of auto-portability.
Products |
Vestwell Announces Vestwell Flex for 401(k) TPAs
The firm offers a recordkeeping product that combines the Vestwell platform with the services of third-party administrator partners.
Study Finds Advantages in Working With a Sole Recordkeeper
The research highlights ways sponsors of multiple retirement plans can benefit from working with just one provider.
Products |
Newer Retirement Plan Providers Tout Their Value Proposition
Using cost-effective digital platforms, a new generation of retirement plan providers strives to offer big-plan service to sponsors of small...
Retirement Plan Sponsors Have Ultimate Responsibility for Operational Compliance
Indemnification clauses in service provider contracts, PEPs and 3(16) administrators can reduce plan sponsors’ fiduciary burden, but none offer complete...
Benefits |
Small Companies’ Options for Offering a Retirement Plan Are Growing
A new generation of fintech providers is coming to market as the number of state-run plans is growing, giving small...
Products |
OneDigital and Ascensus Partner on Small-Market DC Plan Solution
OneDigital Complete Retirement Solution is meant to bring institutional-quality services to plan participants working at small businesses.
T. Rowe Price Names New CEO But Reaffirms Priorities
The firm’s CEO-to-be says the focus will remain on broadening ESG investing capabilities, transforming the retirement plan services business through...
Empower to Acquire Prudential’s Full-Service Retirement Business
The company says it expects the acquisition to benefit retirement plan participants, and, by leveraging new capabilities from its 2020...
Appellate Court Sees No Need to Force RFP Process
The court also concluded that because Banner Health and its recordkeeper had no prior relationship and their service arrangement was...
Products |
Principal Renews Focus on Retirement Plans, Asset Management
Participant experience will continue to be an integral focus, and it will continue to pursue digital solutions, the firm said.
PSNC 2021: What to Expect From Provider Relationships
Industry experts discussed how to work with providers to ensure success for your plan.
PE Firm to Acquire Aon’s U.S. Retirement Business
Aon says its newly revealed plan to sell its U.S. retirement business to Aquiline Partners is in part meant to...
Products |
Delivering a Next Generation Participant Experience
John James, with Vanguard, says the retirement plan industry is ripe for disruption in delivery and personalization.
Empower, Ascensus Acquire Recordkeeping Business of Truist
In addition, OneDigital has acquired the bank’s 401(k) investment advisory business.