Compliance June 7th, 2023 State Auto-IRAs Set for Vermont, Nevada, As Pennsylvania Awaits Vote More states are set to offer state-facilitated retirement plans as the AARP calls for the Pennsylvania state legislature to vote...
Deals & People June 7th, 2023 NFP Acquires ACG, Expanding Retirement, Wealth Capabilities NFP and its Wealthspire Advisors division bring on a Virginia-based corporate retirement advisory, TPA and wealth manager.
The Markets June 6th, 2023 ESG Congressional Hearings Show Partisanship Intensifying Republicans and Democrats are mostly speaking past each other on ESG, which could create regulatory risk and uncertainty going forward.
Products June 6th, 2023 Marsh McLennan Agency Adds IRA Offering for ‘Main Street’ Retirement and wealth head discusses the firm’s IRALogix-backed offering to extend further into wealth management solutions for participants.
Deals & People June 6th, 2023 Hub Acquires Horan Employee Benefits Division Renamed, Hub Heartland will be led by Valerie Bogdan-Powers, Horan’s former division president.
Deals & People June 6th, 2023 Ameritas Names New CEO, New President to start in 2024 Bill Lester will retire next year, with Bob Jurgensmeier set to succeed him as CEO and Susan Wilkinson as president...
Deals & People June 6th, 2023 Cetera Holdings Acquires Retirement Planning Group The parent of the Cetera Financial broker/dealer network adds $1.4B RIA; meanwhile, another PE-backed advisory, Mercer Advisors, gets new backing...
Data & Research June 6th, 2023 Young Employees Pulling Back on Retirement Contributions Morgan Stanley at Work study reveals retirement saving erosion, as retirement head Bunnell notes the ‘central role’ of retirement plan...
Client Service June 6th, 2023 Human Interest Offers 3% Cash Back for New Retirement Savers The incentive is available for first-time savers making $60,000 or less.
Deals & People June 5th, 2023 Advisory M&A Atria Wealth brings on team from Flagstar; Mercer Advisors acquires RMR Wealth Advisors; BG Group joins UBS; and more.
Compliance June 5th, 2023 Debt Ceiling Suspended Until 2025 President Joe Biden's Saturday signature avoided a June 5 default by the U.S. government.
Compliance June 5th, 2023 Pilot Sues American Airlines Due to ESG 401(k) Investing Strategy The retirement committee, recordkeeper Fidelity Investments and financial advice provider Edelman Financial Engines were accused of sacrificing fiduciary duty to...
Deals & People June 2nd, 2023 Retirement Industry People Moves NFP hires Perkins as SVP; Cochrane to lead Hub International non-profit specialty; OneDigital names Fong VP.
Deals & People June 2nd, 2023 Vestwell Partners With Payroll Provider Gusto on Integrated 401(k) The offering is geared toward businesses and state auto-IRA programs.
Compliance June 2nd, 2023 Senate Passes Debt Ceiling Bill to Avoid U.S. Default The bill now moves to President Biden for signature ahead of the June 5 default date.
Compliance June 1st, 2023 Senate HELP Committee Urges DOL to Prioritize Certain Secure 2.0 Provisions The recommended focus areas include emergency savings and defined benefit annual funding notices.
Compliance June 1st, 2023 IRS Provides Interim Guidance for EPCRS Changes SECURE 2.0 laid out changes to IRS correction programs, but the May guidance clarifies how they will operate until the...
Products June 1st, 2023 Mariner Announces Financial Wellness Platform Following Spring Acquisition The wealth manager will now provide employers with a wellness platform that connects back to their wealth adviser services.
Products June 1st, 2023 Investment Product and Service Launches Orion client portal connects with Redtail CRM; Thrivent adds new Multi-Year Guarantee Annuity; VIU by Hub launches mobile app and...
Compliance June 1st, 2023 Senate Mulling Debt Ceiling Bill After House Passage The House bill, passed Wednesday, would suspend the debt ceiling until 2025.