PGIM, iJoin Partner on Managed Account Distribution
PGIM’s managed account solution will soon be an option on iJoin-enabled recordkeeping platforms.
Products & Services
Federated Hermes Announces 1st Equity CIT
The qualified plan investment is focused on U.S. mid-cap growth companies.
Product & Service Launches – 9/26/24
Altruist launches digital fixed-income trading for RIAs; BlackRock taps Vestmark for custom model portfolio partnership; and Alight adds firms offering...
Product & Service Launches – 9/12/24
Milliman offers Candidly student loan certification solution; WTW launches flexible benefits service; Arete Wealth and Luma partner on structure products...
T. Rowe’s TDF Team Launches Personalized Offering
The asset manager offers a managed account-like investment option built on its target-date-fund strategies.
GPS PEP Expands User Base in Deal With Trilogy Financial
Trilogy can now refer plan sponsor clients to the GPS PEP, which is recordkept by July Services.
Capital Group Launches 1st Active/Passive TDF Blend Series
TDFs incorporate index funds from both BlackRock and State Street.
Nationwide Shifts Advertising to Highlight Financial, Plan Services
A new Nationwide marketing campaign will highlight financial services that include financial and 401(k) plan services, in contrast to home...
Product & Service Launches – 9/5/24
American Life launches new fixed-indexed annuity; NAIC graduates 23 from diverse women in alternative investing program; and nudge publishes free...
Mercer PEP and DC Group of Plans Hit Combined $3.6B AUM
The platform provides 401(k) benefits to more than 70,000 U.S. employees.
Insurers Collaborate to Digitize Retirement Income Annuities
The Insured Retirement Institute is leading the charge to improve the wait time for retail annuity sales and exchanges from...
Product & Service Launches – 8/23/24
Custodia Financial introduces retirement loan protection service to protect against defaults; Prudential enhances its employee well-being solutions; and Lincoln Financial...
Voya Tops $100B In Multiple Employer Assets
Announcement comes shortly after Voya bulked up its MEP sales team.
Guideline Hits $15B in AUA on Philosophy of Simplicity, Low Fees
Co-founder and CEO Kevin Busque details the past and present of Guideline as he seeks to keep an early promise...
Product & Service Launches – 8/15/24
SEI launches direct indexing investment strategies; small business retirement plan provider Ubiquity teams with bookkeeping firm Bench Accounting; Franklin Templeton...
JP Morgan Launches TDF With Guaranteed Income Annuity
The asset manager joins other large financial firms targeting the market for pension-like retirement saving in DC plans.
Vanguard Removes Oaktree From $785M Fund
The asset management behemoth reallocated Oaktree’s advisement to two other current managers of the emerging market fund.
Product & Service Launches – 8/8/24
Vontobel brings new actively managed mutual fund to US; Voya adds stable value fund with Great Gray Trust; and Fidelity...
Lincoln Adds to In-Plan Retirement Income Offerings
A new guaranteed lifetime withdrawal benefit can be offered through a managed account and is part of a diversified fund.
Franklin Templeton, Pacific Life Join In-Plan Lifetime Income Push
A new defined contribution managed account offers participants a chance to invest in a deferred fixed-income annuity.