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Respondents Recommend Simplicity, Data Sharing for Saver’s Match
Retirement industry representatives, providers and academics weighed in on how to best implement a federal matching program for lower-income savers.
Principal Launches Workplace Personal Investing Program for Mass Affluent
The adviser solutions program started in Q3; meanwhile, the firm’s asset management arm will release its first passive TDF in 2025.
Correcting 401(k) Auto-Enrollment Failures
ERISA experts Fred Reish and Joan Neri answer a question about addressing a plan sponsor client’s error in implementing automatic enrollment.
Capital One Facing 401(k) Plan Forfeiture Suit
Capital One Financial Corp. and its board of directors are facing a lawsuit over the usage of 401(k) plan forfeitures, joining a list of more than 20 companies that...
ICI Calls On SEC to Reassess Regulatory Agenda Amid Presidential Transition
The investment industry association’s letter highlighted key issues impacting investment advisers and investors.
Navigating Client Relationships: Attraction and Breakup
Experts at PLANADVISER 360 shared their views on winning new business, effective conversation starters and client fit.
DOL Initiates Data Collection to Reunite Workers With Lost Retirement Savings
The Retirement Savings Lost and Found database is expected to go live in December.
Manulife President, CEO Roy Gori to Retire in May 2025
Phil Witherington, president and CEO of Manulife Asia, has been named Gori’s successor.
Advisory M&A News – 11/18/24
CAPTRUST adds Boston Financial Management; Mercer Advisors acquires Chapel & Collins, Waypoint Capital Advisors; Integrated Partners expands with Generation Capital Advisors.
How Advisories Can Build Better, More Inclusive Cultures
Panelists at PLANADVISER 360 discussed the importance of diversity and inclusion in creating successful, long-lasting businesses.
New AI Retirement Planning Tool Aims to Transform How Americans View Their Futures
The UCLA professor Shlomo Benartzi’s new visualization tool, unveiled at PLANADVISER’s national conference in November, is designed to inspire optimism in retirement.
Consumer Advocacy Groups Push Back On CIT Use by 403(b)s
Six groups are calling on the Senate to reject a proposal to allow 403(b) plans to invest in collective investment trusts.
Retirement Industry People Moves – 11/15/24
Creative Planning acquires $550M RIA; AARP appoints Minter-Jordan new CEO; American Benefits Council promotes Johnson to president; and more.
IRS Raises Limit on Tax-Free Charitable Donations From IRAs to $105,000 for 2024
The limit is up from $100,000 in previous years.
How to Establish Better Decumulation Options for Future DC Plans
DC experts from TIAA discussed ways plans can help participants utilize their retirement savings at PLANADVISER 360.
Advocates Push for Financial Wellness Programs to Support Employees
By prioritizing their workers’ financial health, companies can foster a more engaged and productive workforce.
Sponsored by TIAA
Retirement Experts: A Better Way To Crack the Retirement Income Nut.
Guaranteed income sources can help retirees maximize Social Security benefits.
Sponsored by TIAA
Product & Service Launches – 11/14/24
Future Capital integrates its 401(k) platform with SS&C; Endeavor Retirement launches new resources for fiduciaries and participants; Voya enhances its myBenefitsHub; and more.
October Sees Gain in Corporate Pension Funded Status
An increase in discount rates helped corporate pensions by offsetting both a decline in asset values and weak investment returns.
Alera Group Continues M&A Run With SRPC Acquisition
The insurance-backed aggregator adds Peter Klinkmueller and Steve Boudreau’s Strategic Retirement Plan Consultants.