Data & Research May 25th, 2023 Labor Demand Outweighing Recession Fears for SMBs Business confidence is down among small employers. But 401(k) and other benefits are likely to remain amid long-lasting tight labor...
Data & Research May 25th, 2023 Employer Contributions Hit Record High Among Fidelity Savers The rate was driven by matching employees’ continued 401(k) deferral increases.
Products May 25th, 2023 Investment Product and Service Launches Choreo launches Choreo Partner Alliance; Gainbridge announces upcoming B2B insurance-as-a-service platform; New York Life introduces new suite of term life...
Compliance May 24th, 2023 Congress Says It Will Fix at Least 4 Errors in SECURE 2.0 The errors include the startup credit, RMD, SIMPLE IRA plans and Roth catch-ups.
Products May 24th, 2023 SS&C Adds Allianz Retirement Income Annuity to DC Plan Platform Volatile markets amid high interest rates have driven asset growth on SS&C’s retirement income platform to more than $1 billion.
Data & Research May 24th, 2023 Custom Programs Can Reduce Black, Hispanic Employees’ Financial Stress Targeted coaching for Black and Hispanic employee resource groups led to reduced financial stress for workers, according to Financial Finesse.
Compliance May 23rd, 2023 Retirement Clearinghouse Issues Alert of IRA Data Breach Firm alerts more than 10,000 people to watch out for identify theft after Social Security and IRA numbers may have...
Data & Research May 23rd, 2023 ChatGPT Sentiment Analysis Significantly Outperforms Stock Market Average University of Florida researchers found that using ChatGPT to analyze stocks outperformed the market average.
In Practice May 23rd, 2023 CFP Board Outlines Best Practices to Retain Diverse Talent A report on ‘creating DEI-driven culture’ encourages firms to articulate a vision, ensure equitable hiring and offer leadership development.
In Practice May 23rd, 2023 As States Add Retirement Programs, Private Providers See Growth This month, Minnesota and Missouri brought the count of state-facilitated retirement plans to 18. Small business providers say state engagement...
Compliance May 22nd, 2023 EBRI Study: Inflation, Weak Stock Market Slashed Retirement Confidence EBRI reports sharply decreased retirement confidence, driven primarily by inflation.
Data & Research May 22nd, 2023 Service Sector Employees Lead DC Plan Contributions Workers from sectors focused on service accounted for $5.7 trillion in AUM in DC plans, doubling over the last decade,...
Products May 22nd, 2023 Broadridge Brings Retirement, Workplace Services Under One Roof The financial solutions firm will now provide workplace and retirement plan programs from one division as retirement savings and wealth...
Deals & People May 22nd, 2023 Advisory M&A Adviser Investments and Ropes Wealth combine to make $15B RIA; Sanctuary snags another advisory from Merrill; Trusted Wealth brings $465M...
Deals & People May 19th, 2023 Retirement Industry People Moves IRI announces new appointments to board of directors; ERISA experts Treichel, Cooper, start Endeavor Law; The Standard selects divisional vice...
Compliance May 19th, 2023 SEC’s Gensler Confirms AI is Regulatory Priority Chairman Gary Gensler said at a conference that he has directed the SEC to explore the regulatory implications of AI...
Deals & People May 19th, 2023 Morgan Stanley CEO James Gorman To Step Down Within 12 Months The CEO oversaw Morgan Stanley’s push into the wealth management space.
Compliance May 18th, 2023 SEC’s New Stock Buyback Rules Come Under Legal Challenge The Chamber of Commerce has sued the SEC in the 5th Circuit and seeks a review of a new SEC...
Client Service May 18th, 2023 Giving Older Workers the Choice to Work or Retire with Dignity Older workers do not have the means to retire, and others are working in subpar labor conditions, according to experts...
Products May 18th, 2023 Investment Product and Service Launches John Hancock Retirement launches dynamic default investment feature; Tata AIA upgrades Life Fortune Guarantee Pension; Putnam Investments launches emerging markets...