Products December 11th, 2023 Delaware Expands Auto-IRA Program, Joins Colorado Consortium Administered by Vestwell, the program will expand retirement savings access to Delaware’s private sector workers and is fee-free for employers.
Client Service December 11th, 2023 What’s Driving Heightened Plan Adviser RFPs? HR stability, along with advisory sector instability, are some of the reasons more plan sponsors are putting out adviser requests...
Deals & People December 11th, 2023 Advisory M&A News – 12/11/23 Hub acquires Longbow Financial Services and JRP Financial Services; CAPTRUST adds Trutina Financial; Mercer Advisors announces acquisition of Paragon Wealth...
In Practice December 11th, 2023 Top Performing Advisories More Focused on Inclusion According to Schwab, financial advisories with good track records are showing more commitment to a diverse workforce.
Client Service December 11th, 2023 The PLANADVISER Interview: Rita Fiumara, Financial Adviser, UBS Plan adviser Fiumara lays out the keys for an adviser to stay in front in a highly competitive marketplace.
Compliance December 8th, 2023 DOL, IRS Announce Spring Regulatory Agendas The agendas contain important updates on fiduciary corrections and ESOP valuation.
Client Service December 8th, 2023 Nonqualified Compensation Accounts Back Online After Infosys Breach Plan and insurance accounts that had been shut down are available again, according to client accounts.
Deals & People December 8th, 2023 Retirement Industry People Moves – 12/8/23 Ascensus names Mehlman new CFO; Crain exits Bank of America; NEPC elects principals and partners; and more.
Deals & People December 7th, 2023 IRI Announces 2023 Policymaker Retirement Security Awards Senators Tina Smith and Thom Tillis were recognized for their efforts to improve retirement security of Americans, notably through the...
Products December 7th, 2023 Product & Service Launches – 12/7/23 Vanguard expands ETF lineup with 2 active bond ETFs; Mutual of America Capital Management expands MoA Funds availability; DFPG Investments...
Compliance December 7th, 2023 Congress Publishes SECURE 2.0 Corrections Draft Legislation The bill would correct errors related to catch-ups, RMDs and Starter Plans.
Products December 7th, 2023 Voya Launches Financial, Health Dashboard The data-driven personalization of the experience is intended to add to Voya’s employee wellness offerings.
Data & Research December 7th, 2023 401(k) Loans, Hardship Withdrawals at 2-Year High Both loans and hardship withdrawals have increased to the highest rate since the pandemic, according to Empower’s annual retirement study.
Deals & People December 7th, 2023 Pontera Snags $60M Investment The capital from Iconiq Growth brings the 401(k) advisory management provider’s total funding to $160 million.
Compliance December 6th, 2023 Proposed Bill Would Revoke Pensions for Expelled Congressional Reps New legislation would disqualify George Santos—and others expelled from Congress—from a pension.
Data & Research December 6th, 2023 Why Small 401(k) Plans Should Remain Wary of Hidden Fees Advisers should identify key fee drivers to protect participant outcomes, particularly for plans of less than $1 billion.
Data & Research December 6th, 2023 Young Investors Tend to Fall for Online Financial Misinformation Surveys also indicate they would trust financial professionals more if the advisers leveraged AI-generated advice.
Deals & People December 6th, 2023 Insurer Alliant Expands Retirement Plan Footprint Alliant acquires Connecticut-based retirement plan consultancy and TPA as part of its ‘selective’ retirement acquisition strategy.
Data & Research December 6th, 2023 Financial Advisers Plan to Increase Alt Exposure in ’24 An annual CAIS-Mercer study finds bullishness for alts, though adding them to workplace retirement plans will take finesse, according to...
Compliance December 5th, 2023 Inspector General Report Calls for Greater EBSA Authority The report argues that EBSA should have more authority over the Federal Thrift Plan and resources to conduct audits.