Products February 26th, 2023 OneAmerica Targets 20% Uptake for Retirement Planner PensionPlus in ‘23 Retirement head Sandy McCarthy discusses OneAmerica’s decision to provide clients with Shlomo Benartzi’s PensionPlus to guide toward a retirement “paycheck”...
Products February 26th, 2023 Investment Product and Service Launches Cambridge Financial launches private client solutions offering; Orion offering free learning for fiduciary advisers; and more.
Compliance February 24th, 2023 DOL Updates Form 5500 for 2023 This year’s changes include reporting modifications for PEPs and small plans.
Compliance February 24th, 2023 Embattled DOL ESG Rule Receives Democratic Congressional Support A DOL rule permitting ESG considerations in retirement plan investing has been challenged by two separate lawsuits. House Democrats are...
Data & Research February 24th, 2023 Top Economist: Recession Coming, But Boomer Retirees to Mitigate Job Cuts The US is expected to enter a “short and shallow” recession in 2023, according to the Conference Board’s top economist.
The Markets February 24th, 2023 Fidelity: Gen Z Savers Pour Into IRAs For all age groups, however, average 401(k) balances were down 23% in 2022 due to declines in both stocks and...
Deals & People February 24th, 2023 AON Boosts Staff to Further $1B Pooled Employer Plan Aon continues pooled employer plan push, adding headcount to keep adding beyond over $1B in reported assets and commitments in...
Compliance February 23rd, 2023 Legal Complaint Says DOL’s ESG Rule “Jeopardizes” Retirement Savers A second lawsuit in less than a month has been brought challenging the legality of the DOL’s rule concerning ESG...
Data & Research February 23rd, 2023 CAPTRUST Survey Shows Nonprofits Ignore Benefits of Select Investments New research shows organizations often overlook alternative assets, ESG and DEI.
Products February 23rd, 2023 WTW Announces PEP With Eye Toward Increased Plan Outsourcing The global retirement plan advisory is using its expertise with multi-employer plans in the U.K. to the U.S. market as...
Compliance February 22nd, 2023 Expert: Advisers Should Pause on DOL Rollover Guidance Despite Court Reversal In the meantime, legal experts discourage advisers from violating it in case it is re-instated.
In Practice February 22nd, 2023 Retirement Saving Hardest Financial Habit for Homes to Adopt Hearts & Wallets finds just 43% of households have a habit of retirement saving, even as financial wellness tools and...
Data & Research February 21st, 2023 Early Years Are Formative for Female Advisers’ Success, Survey Shows Female advisers reported needing up to 10 years of experience to feel confident in their profession.
In Practice February 21st, 2023 Panel: The ‘Golden Age’ of Advisory M&A Has Many Years Ahead Retirement experts participating in a PLANADVISER webinar say client demand for customization and advice will keep driving M&A among financial...
Deals & People February 21st, 2023 Advisory M&A Sequoia acquires Zeke Capital Advisors; iTrustCapital integrates with Fortress Trust; Hightower invests in Bickling Financial Services; and more.
Deals & People February 18th, 2023 Retirement Industry People Moves DCIIA votes in 2023 committee members; Aon adds personnel to pooled employer plan sales group; TIAA adds wealth distribution head;...
In Practice February 18th, 2023 Employers Working to Address Growing Concerns for Emergency Saving HR leaders are struggling to manage the array of employee stressors related to a lack of emergency funds.
Compliance February 17th, 2023 Social Security Expansion Act Would Guarantee Solvency for 75 Years The Democrat-sponsored bill has been referred to the Republican-controlled House Committee on Ways and Means.
Compliance February 17th, 2023 Senator Pushes For Crypto Option in 401(k) Plans Republican Senator Tommy Tuberville reintroduced a bill pushing back on DOL guidance that limits 401(k) providers offering crypto in plans.
The Markets February 17th, 2023 Investment Service and Product Launches California ABLE program selects Vestwell for disability savings; Embark launches automated investing platform; and more.