Products October 2nd, 2023 Guideline Launches Starter 401(k) Retirement Plan for Small Businesses The new program, Starter, will compete with state-backed IRA programs, according to Guideline’s COO.
Compliance October 2nd, 2023 Temporary Budget Agreement Keeps 2024 Inflation Adjustments on Track The Social Security COLA and IRS Contribution Limits will continue on schedule after a near miss on government shutdown.
Products October 2nd, 2023 Former DOL Investigator Starts Firm Targeting 401(k) Fraud David Donaldson’s Participant I.D. will offer providers and plan sponsors three-factor identify theft protection.
Deals & People October 2nd, 2023 Advisory M&A News – 10/2/23 DPL Financial Partners acquires AnnuityFix; Wealthspire Advisors to acquire GM Advisory Group; Carson Group adds FAI Wealth Management; and more.
Practice Management October 1st, 2023 MOVEit Hack a Lesson as Digital Threats Increase Experts say the incident revealed how to combat the stealing and selling of personal data, but participants remain vulnerable to...
Practice Management October 1st, 2023 What Advisers Should Know About Cybersecurity Insurance Experts provide insight into an insurance market predicted to grow from $6 billion to $33 billion in coming years.
Compliance October 1st, 2023 DOL’s Khawar Says ‘Partnership’ Needed to Combat Cyber Risks The principal deputy assistant secretary for EBSA discusses how plan fiduciaries have been using DOL best practice guidance, and why...
Deals & People September 29th, 2023 Retirement Industry People Moves – 9/29/23 Thornburg names Zinkula new CEO as Brady exits; Joe Urwitz joins Crowell & Moring; Cognizant announces Dalal as CFP; and...
Data & Research September 29th, 2023 Student Loan Repayments May Crimp Retirement Savers, Including Gen X New studies from Nationwide and National Institute show widespread impact of student loan repayments on everybody from recent grads to...
Compliance September 29th, 2023 SEC Imposes $79M in Fines on Advisers for Recordkeeping Violations Ten firms were fined for using unapproved off-channel devices for business related communications.
Compliance September 29th, 2023 SEC Proposes New Rules for RILA Annuity Providers The proposal directs RILA providers to use registration documents that better explain the annuity’s features and complexities.
Products September 29th, 2023 Ascensus Hits $1B AUA in PEPs, Showing Continued Adoption The firm cites almost 650 employers in their pooled employer plans; meanwhile, Ameritas is launching a 403(b)-specific offering.
Compliance September 28th, 2023 Inflation Data Will Be Unavailable for 2024 Social Security COLA With Shutdown The Social Security COLA would not be updated on the scheduled timeline of October 12 during a government shutdown.
Data & Research September 28th, 2023 Few Retirees, Pre-Retirees Seek Advice Despite Financial Security Fears Only 35% of retirees and 37% of those 50 or older look to a financial professional for advice, Transamerica finds.
The Markets September 28th, 2023 Private Real Estate Investment Through DC Plans Continues to Grow Managers continue to push into the defined contribution space, a bet that plan sponsors and advisers will be attracted to...
Deals & People September 28th, 2023 Creative Planning CIO Jim Williams Dies at 46 The CIO was ‘admired by clients and colleagues’ and a ‘devoted husband and father.’
Deals & People September 28th, 2023 Investment Product & Service Launches – 9/28/23 Vanguard expands active fixed-income lineup; Brandywine announces suite of new investment strategies; RiXtrema launches AI tools for 401(k) plan; and...
Compliance September 28th, 2023 Cannabis Industry Employers May Be Allowed to Sponsor Retirement Plans The SAFER Banking Act addresses several banking and workplace topics for the companies.
Deals & People September 27th, 2023 Marsh McLennan Agency Sees C-Suite Connection in Retirement, Wealth Advisement MMA’s retirement and wealth head is continuing to build a dual-pronged team that can work across retirement plan advisement and...
Deals & People September 27th, 2023 Adviser Product Partnerships – 9/27/23 Transamerica to collaborate with Bestow; Envestnet partners with Iconik; Lumiant announces partnership with CFGS; and more.