Search results for: CIT
PGIM Talks Deglobalization’s Portfolio Implications In New Report
Research from the asset manager shows the world is in an era of two tracks—the 25% now deglobalizing and the 75% still integrating into the world economy.
John Hancock Retirement Announces Suite of Adviser-Centric Plan Solutions
The company is committed to being the ‘partner of choice’ for intermediaries, according to Wayne Park, John Hancock’s retirement CEO.
2025 PLANADVISER Retirement Plan Adviser of the Year
Award recipients across all categories are honored at the PLANADVISER Industry Leader Awards celebration in New York City in May.
JPMorgan Sued Over Health Plan’s Generic Drug Costs
The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its participants.
Retirement Industry People Moves – 3/14/25
New CTO at Carson Group; Mesirow Wealth Management hires Gary Pattengale; Kristin McCarthy named head of product at PCS Retirement; and more.
FinTech, AI Tools to Ease Administration and Expand Financial Planning Access
At a recent conference, fintech leaders discussed how artificial intelligence and technology can both improve retirement plan administration and provide investors with increased access to financial planning and...
Milken Institute Research Explores Federal Accounts for Newborns
The “Invest in America” accounts would provide all U.S. children with a federal government-funded $1,000 grant to be invested and grow over time.
Georgia Bill Aims to Create State-Run Retirement Plan
The Peach State Saves program would automatically enroll eligible workers in a Roth IRA.
2025 PLANADVISER Adviser Choice Awards
Each year, the PLANADVISER Adviser Choice Awards recognize retirement plan advisers’ favorite investment product and recordkeeping service providers.
Americans Plan to Increase Savings Amid Concerns About Affordability
Nearly seven in 10 mass affluent respondents (an income level at or above $90,000 annually) plan to increase their savings by $500 or more per month.
Retirement Industry People Moves – 3/7/25
Voya revises workplace solutions leadership; Endeavor Retirement adds Christine Masoni; Sarah Mouser joins Verdence Capital Advisors and more.
The Standard Touts $2 Billion Milestone in PEP Assets
The company entered the PEP market in August 2023 after its acquisition of Securian Financial’s retirement plan recordkeeping business.
403(b) Plans Have Special Considerations When Complying with SECURE 2.0
Speakers during Wednesday’s PLANSPONSOR Roadmap Livestream session, “Special Considerations for 403(b) Plans,” discussed rules for long-term, part-time employees, the formation of multiple and pooled employer plans, and the...
Product and Service Launches – 3/6/25
SEI launches an alternative investment product marketplace; Madison Investments launches CITs with SEI; and Zeplyn offers new workflow capabilities for advisers.
Many Plan Sponsors Don’t Feel Responsibility for Participant Retirement Goals
MFS found that plan sponsors earned a C+ grade for their confidence in their participants’ ability to retire at the age they want, while participants themselves showed more...
Participant Data at Community Colleges, Public Schools Exposed in Breach at TPA
A third-party administrator of 403(b) and 457(b) plans experienced a cyber breach last month, exposing sensitive information of more than 48,400 retirement plan participants.
Private Equity on Comeback Trail for 2025, Says McKinsey
In 2024, private equity returns declined to 3.8%, the third consecutive year in which the public markets outperformed the asset class, according to the consulting firm McKinsey &...
ERISA Advisory Council Status Unclear
The ERISA Advisory Council has not yet set a date for the year’s first meeting, and the DOL has also not yet published reports the council presented to...
Retirement Industry People Moves – 2/28/25
Principal appoints head of retirement solutions; benefits attorney joins Wagner Law Group; Variant Investments appoints head of institutional sales; and more.
Money Market Funds Damaged by ‘Flawed’ SEC Amendments
According to the Investment Company Institute, the most significant changes were made without public input.