Data & Research August 25th, 2023 Construction, Farming, Among Sectors with Lowest Retirement Plan Access There is a role for financial advisers, accountants, and payroll providers to improve the plan coverage gap across industries, alongside...
Data & Research August 25th, 2023 Nationwide Reports Americans Worry Social Security Will Deplete in Lifetime A separate survey by F&G Annuities and Life found 44% of U.S. retirees have returned to work or are considering...
Data & Research August 25th, 2023 HSA-Eligible Plans Cover Increased Use of Certain Medical Services, EBRI Finds Following a 2019 IRS policy change, 75% of large employers offering HSA-eligible plans have expanded their pre-deductible coverage for chronic condition-related medication.
Deals & People August 25th, 2023 Retirement Industry People Moves Early assumes role of chief strategy officer at Vestwell; Principal selects Dessouki as chief marketing officer; Puerto joins J.P. Morgan...
Products August 24th, 2023 Investment Product and Service Launches Snappy Kraken introduces AI email builder; American Life & Security Corp. launch annuity product; Vanguard expands active lineup; and more.
Deals & People August 24th, 2023 Future Capital and Wealth Advisory TLG Partner On 401(k) Investment Management Deal to connect 401(k) accounts to wealth advisory signals further push in retirement and wealth management convergence, says Future Capital...
Data & Research August 24th, 2023 Investors Nearing Retirement Seek Strong Support and Brand Familiarity, Cerulli Reports Latest research found 45% of investors prefer an adviser affiliated with a national firm when they are nearing retirement.
Data & Research August 24th, 2023 Big Increase in Health Care Costs Projected for Employers in 2024 Aon estimates per-employee cost at more than $15,000, up 8.5% from 2023 figures.
The Markets August 23rd, 2023 SEC Reopens Comment Period for RIA Investment Custody Rule The regulator also announced a new proposal to increase transparency and disclosures for private fund managers such as private equity...
Deals & People August 23rd, 2023 Goldman Looks to Shed RIA Arm, Will Continue Third-Party Custody Push While the firm is looking to divest the results of its 2019 acquisition of United Capital, it will continue to...
Data & Research August 23rd, 2023 Few Americans Report ‘Financial Freedom’ Amid Record High Credit Card Debt Research from Achieve suggests Americans are struggling to make ends meet, but separate research from WalletHub notes inflation is masking...
In Practice August 23rd, 2023 Why Short-Term Financial Stress Hurts Long-Term Savings A T. Rowe Price retirement expert finds participants who take multiple short-term loans end up with less retirement savings—furthering the...
Products August 23rd, 2023 Pontera Adds RIA Summit Financial to 401(k) Management Platform Another financial investment advisory can now bring clients’ “held-away” retirement saving accounts under management.
Client Service August 22nd, 2023 Goldman, Charlesbank to Invest in Pensionmark Parent World Insurance The combined Goldman capital infusion would add up to $1 billion, fueling growth plans for areas such as retirement and...
Client Service August 22nd, 2023 Retirement Plan Limits to Rise in 2024, Mercer Projects Almost all retirement plan limits will increase, with the exception of catch-up contributions, according to the benefits consultancy.
Client Service August 22nd, 2023 IRS Provides Tax Relief for Hawaii Wildfire Victims Victims of the wildfires on the islands of Maui and Hawaii are eligible for Internal Revenue Service tax relief, including waiving the...
In Practice August 22nd, 2023 With Roth Use Set to Grow, Vanguard Stresses Participant Education The firm’s retirement head says its plan sponsor clients are ready for implementation, but participants can use more information.
In Practice August 21st, 2023 Plan Adviser Industry Needs to Adapt to Get Younger, More Diverse A panel of top advisers discusses how to shake up the typical hiring channels, and even how the industry is...
Data & Research August 21st, 2023 How Advisers Can Help Close Longevity Literacy Gap Experts recommend providing appropriate interpretation and practical implications of longevity terminology.
Compliance August 21st, 2023 SEC Fines Fintech Advisory Titan in 1st Marketing Rule Charge The regulator calls the charges a ‘warning’ to investment advisers about how they can market offerings.