Data & Research May 5th, 2023 Women in Retirement Industry Face Dual Pressure Respondents to WIPN study reported employer support and flexible schedules available for caregivers, but three in 10 women said caregiving...
Compliance May 5th, 2023 SEC Safeguarding Rule Would Expand Investment Oversight to Crypto, Artwork A proposed rule whose comment period ends Monday would have advisers obtain written agreements that segregate client assets to protect...
Deals & People May 5th, 2023 Retirement Industry People Moves Thornburg Investment Management CEO to leave later this year; Franklin Templeton expands alts team; Lockton announces new global leadership structure;...
Deals & People May 4th, 2023 John Hancock, Voya Name New Investment Division Leads Kristie Feinberg will take over as head of Manulife Investment Management in U.S., Europe, and John Hancock Investment Management; Barbara...
Products May 4th, 2023 Investment Product and Service Launches Allianz Life enhances variable annuities; Brighthouse Financial improves Shield Level Annuities Product Suite; and more.
The Markets May 3rd, 2023 Fed Raises Rates Again, But How Can Investors Hedge Against Inflation? Wharton School Professor Emeritus Jeremy Siegel spoke out against Fed rate hikes and laid out potential investor responses.
Data & Research May 3rd, 2023 Small Business Owners More Likely to Phone a Friend, Not an Adviser When asked whose counsel they would seek before setting up an employee retirement plan, small business owners prioritized family, friends...
Deals & People May 3rd, 2023 Franklin Buys Managed Accounts Firm to Expand Adviser SMA Offerings The investment manager’s purchase of volScout will add to its managed investment strategies for advisers working with institutional clients and...
Deals & People May 2nd, 2023 Hub Snags PE Firm Minority Stake, Announces More to Come LGP has taken a minority stake in the insurance, retirement and wealth management aggregator to build on what the firm...
Data & Research May 2nd, 2023 PGIM Takes Majority Stake in Direct Lender to Boost Alternative Offerings The firm’s investment in Deerpath Capital Management comes as institutional and private investors look to alternatives for returns amid volatile...
Products May 2nd, 2023 LIMRA: Annuities Break Another Record in Q1, on Track for Record ’23 New PGIM research also signals a potentially larger market for the guaranteed income product.
Data & Research May 2nd, 2023 Do Small Business Owners Need Retirement Advisers Too? Amassing sufficient retirement income and the impact of taxes on retirement savings are small business owners’ top concerns.
Deals & People May 1st, 2023 Pensionmark Hires Compliance Head To Help With Acquisition Push Jonathan Curley, a former RIA, will perform due diligence on firms Pensionmark is looking to acquire.
Compliance May 1st, 2023 Senator Cardin Announces 2024 Retirement The Maryland senator was a leader in drafting and passing SECURE 2.0 legislation.
Products May 1st, 2023 Wilmington Trust’s Spun-Off CIT Division Is Now Great Gray Trust The CIT division purchased by private equity firm Madison Dearborn Partners is now its own entity selling the popular 401(k)...
Compliance May 1st, 2023 House Bills Would Expand Accredited Investor Pool to Include Clients of Advisers The House Committee on Financial Services advanced a bill that would allow RIA clients to invest in unregulated offerings such...
Deals & People May 1st, 2023 JPMorgan’s First Republic Takeover Brings Chance of Keeping 150 Wealth Advisers JPMorgan CFO Jeremy Barnum cites wealth management division as positive amid a deal the bank “did not seek out.”
Deals & People May 1st, 2023 Advisory M&A Modera Wealth Management announces acquisition of Parsec Financial; Modern Wealth Management acquires Barber Financial Group; and more.
Deals & People May 1st, 2023 USI Consulting Acquires Actuarial, Retirement Plan Consultancy USI expands its actuarial and retirement capabilities with the 68-person team of Hooker & Holcombe.
The Markets May 1st, 2023 Designing a Plan Investment Menu in Unprecedented Times Historic rises in inflation and matching interest rate hikes have meant a heightened focus for the often staid world of...