Deals & People January 25th, 2024 Northwestern Mutual CEO John Schlifske to Retire at End of ‘24 Executive Vice President Tim Gerend will take over the role next year.
Compliance January 25th, 2024 PLESAs Are Important Coverage Expanders, SECURE 2.0 Co-Author Argues A former senior Senate staffer spoke at the EBRI-Milken Retirement Symposium about how pension-linked emergency savings accounts can greatly encourage...
Client Service January 25th, 2024 Student Loan 401(k) Matching: A Case Study T. Rowe Price and engineering consultancy Kimley-Horn detail the steps that went into offering a student loan match in 2024.
Client Service January 25th, 2024 5 Retirement Industry Trends to Follow This Year An expert from Pentegra talks about developments shaping the retirement landscape, and what advisers may want to do about them.
Products January 25th, 2024 Fidelity Goes National With 401(k)-to-Income Annuity Offering Fidelity’s Guaranteed Income Direct gives participants the option of converting some or all of their retirement savings into a monthly...
Compliance January 24th, 2024 SECURE 2.0’s Auto Enrollment, Savers Match Will Bring Most Positive Impact Research from EBRI forecasts the two features will do more for retirement savings than other provisions.
View Points January 24th, 2024 State Mandates and the Adviser Opportunity Retirement plan fiduciaries and providers can benefit from the influx of state mandates, writes AmericanTCS President Tim Friday.
Deals & People January 24th, 2024 Product Partnerships – 1/24/24 Pontera announces partnership with Commonwealth Financial Network; SELAX Brokerage enhances annuity transaction efficiency with Luma Financial Technologies; Ritholtz Wealth Management...
Practice Management January 24th, 2024 Retirement, Wealth Expected to Continue Convergence in 2024 Advisory Marsh McLennan Agency and consultancy EY foresee a further push toward financial advisers seeking to engage with workplace retirement...
Compliance January 23rd, 2024 DOL Aims to Streamline PTE Application Process With New Rule The changes are intended to reduce the amount of time needed to finalize prohibited transaction exemptions for plan fiduciaries.
In Practice January 23rd, 2024 Nuts & Bolts: QDIAs What new advisers need to know about qualified default investment alternatives in retirement plans.
Deals & People January 23rd, 2024 Franklin Retirement Heads Aim to Double AUM Yaqub Ahmed and Steven McKay, once competitors in the marketplace, will now seek to meet the AUM goal for Franklin's...
Compliance January 22nd, 2024 Detailing the DOL’s Auto-Portability Proposal Its goal is to help missing participants consolidate their retirement assets in a tax-advantaged workplace plan.
Client Service January 22nd, 2024 American Funds Maintains Largest TDF Inflows in 2023 The TDF manager brought $19.8 billion into its TDF investments in 2023, highest among U.S. managers.
Deals & People January 22nd, 2024 Advisory M&A News – 1/22/24 Dynasty Network adds Steadmont Advisors; MAI Capital Management acquires Traverso Chambers Private Wealth Management; Stofan Agazzi Investments joins Stifel Independent...
Compliance January 19th, 2024 DOL Proposes Rule on Auto-Portability The proposal would permit providers to charge fees for auto-portability services.
Client Service January 19th, 2024 Client Retention Tips from a 401(k) and Wealth Adviser A dual practitioner discusses the importance of combining well organized systems with a personal touch.
Compliance January 19th, 2024 Regulators Seek Comment on ERISA Disclosure Requirements The IRS, PBGC and EBSA are accepting suggestions on how to simplify disclosures to benefit fiduciaries and participants.
Client Service January 19th, 2024 Few in ‘Active Generation’ of Americans Have Planned for Their Retirement Pastimes Only 11% of Americans have planned for post-retirement passions and pastimes, according to Lincoln research.
Compliance January 19th, 2024 Oxford Survey Finds DOL May Have Underestimated Compliance Cost of Fiduciary Proposal New rollover disclosure needs would contribute to a majority of the cost, according to the survey commissioned by financial industry...