Consumer Advocacy Groups Push Back On CIT Use by 403(b)s
Six groups are calling on the Senate to reject a proposal to allow 403(b) plans to invest in collective investment...
News
Retirement Industry People Moves – 11/15/24
Creative Planning acquires $550M RIA; AARP appoints Minter-Jordan new CEO; American Benefits Council promotes Johnson to president; and more.
IRS Raises Limit on Tax-Free Charitable Donations From IRAs to $105,000 for 2024
The limit is up from $100,000 in previous years.
How to Establish Better Decumulation Options for Future DC Plans
DC experts from TIAA discussed ways plans can help participants utilize their retirement savings at PLANADVISER 360.
Advocates Push for Financial Wellness Programs to Support Employees
By prioritizing their workers’ financial health, companies can foster a more engaged and productive workforce.
Product & Service Launches – 11/14/24
Future Capital integrates its 401(k) platform with SS&C; Endeavor Retirement launches new resources for fiduciaries and participants; Voya enhances its...
October Sees Gain in Corporate Pension Funded Status
An increase in discount rates helped corporate pensions by offsetting both a decline in asset values and weak investment returns.
Alera Group Continues M&A Run With SRPC Acquisition
The insurance-backed aggregator adds Peter Klinkmueller and Steve Boudreau’s Strategic Retirement Plan Consultants.
Morgan Stanley Partners to Provide Equity, Retirement Services to Newly Public Companies
The firm’s new relationship with Carta would give its Morgan Stanley at Work services first-mover status with companies doing an...
Advisers Urged to Enter Health Plan Advising
Panelists highlighted concerns with major insurers’ fee practices and control over care pathways.
US Retirement Market Evolves Amid Growth, Challenges
A retirement data expert discusses the aging U.S. workforce, rising Social Security dependence and a retirement coverage gap affecting millions...
Retirement, Wealth Convergence Still in ‘Early Innings’
Advisory business leaders working to bridge retirement plans and wealth services agree it’s still early days, but the market may...
Strategies for Navigating Retirement Income for Participants
At the PLANADVISER 360 conference, experts discussed strategies for balancing flexibility, cost and transparency.
Lisa Gomez Expects Fiduciary and ESG Rules to Face Reversals Under New Administration
The assistant secretary of labor said she was on a ‘farewell tour’ while speaking at the PLANADVISER 360 conference.
Principal’s Deanna Strable to Take Over as CEO in 2025
Strable, recently named president, will take the top job from Dan Houston, effective January 7.
Recordkeepers Talk Collaboration, Challenges in Adviser Relationships
Recordkeepers on a PLANADVISER 360 panel said relationships work best when advisers know their growth strategy and needs.
Principal’s Houston Says Recordkeepers Must Go Beyond Scale, Innovate to Expand Services
The head of the recordkeeper, asset manager and insurer foresees further consolidation, with winners innovating for advisers and participant services.
Carson’s Financial Planning Head Brings Together 401(k), Wealth Advisement
Erin Wood of Carson Group discusses the organization’s recent push to provide financial planning resources across plan and individual advisement.
DOL Extends Disaster Relief Timeline for Plans Impacted by Hurricanes
Relief ends on May 1, 2025, for areas impacted by hurricanes.
Advisory M&A News – 11/11/24
Wealth Enhancement Group announces acquisition of M&R Capital Management; Kestra, Riverside welcome new adviser; Aspen Standard Wealth acquires $2.8 billion...