Products & Services December 5th, 2024 Empower to Offer Income Products From Allianz, Putnam and TIAA The country’s second-largest recordkeeper adds more annuity retirement income products, including its first on-platform fixed-index annuity.
Data & Research December 5th, 2024 Retail Investing AUM Will Likely Slow in Next 5 Years, But Sales Will Rebound A forecast from ISS Market Intelligence shows overall retail investment assets down in the next five years, but with product...
Practice Management December 5th, 2024 Veteran Plan Advisers Advocate for DB Expertise Jim Robison and Tommy Ford, both members of the Retirement Advisor Council, explain why defined contribution plan advisers should include...
Deals & People December 4th, 2024 SageView Advisory Group Acquires $400M OnTrack 401(k) The acquisition of the Maryland-based plan consultant closed on December 2.
Products & Services December 4th, 2024 DPL, Offering Commission-Free Annuities, Gets $23M in Funding The investors include the venture arm of annuity seller and recordkeeper TIAA.
Products & Services December 4th, 2024 Transamerica Introduces 2 New Pooled Plans One of the plans offers more control for the plan sponsor; the other is a traditional PEP structure.
Compliance December 4th, 2024 Trump Picks SEC Alum to Chair Regulator Paul Atkins, a digital assets advocate, has been designated the nominee to replace the outgoing Gary Gensler.
Deals & People December 4th, 2024 Prudential Promotes Global Investment Leader Sullivan to CEO Charles Lowrey will remain chairman, with Andrew Sullivan running the insurer and asset manager and Jacques Chappuis taking over as...
Client Service December 3rd, 2024 1 Year in, Portability Services Network Covers 15,000 Retirement Plans According to the network started by Retirement Clearinghouse to transfer ‘stranded’ workplace balances, it has more than 7,800 transactions in...
Deals & People December 3rd, 2024 WAMCO Names New CEO as Former CIO Faces SEC Fraud Charges Thomas Gahan will now lead Western Asset Management Co., while former CEO James Hirschman becomes chairman.
Data & Research December 3rd, 2024 Financial Insecurity Weighs Heavily on Gen X Struggling to balance debt, retirement savings and family responsibilities, members of Generation X face myriad financial challenges.
Deals & People December 3rd, 2024 Kevin Hassett Announced as Trump’s Pick to Head National Economic Council Hassett is known in the retirement industry for a paper he co-authored that expressed support for creating something similar to...
Client Service December 3rd, 2024 Cerulli Finds Growing Dominance in Fee-Based Advisory Programs The rise of managed accounts and increase in holistic financial advice is driving the trend.
Data & Research December 3rd, 2024 Nearly Half of Retirees Have No Formal Decumulation Strategy A similar 46% say they get minimal to no guidance on decumulation from their employer or 401(k) provider, according to...
Deals & People December 2nd, 2024 Advisory M&A News – 12/2/24 Avantax welcomes independent financial adviser; Hexure and Luma expand partnership to offer integrated life insurance and annuity solutions; NorthStar Insurance...