Compliance February 13th, 2024 EBSA Recovered $1.4B in Retirement, Health Benefits in ’23 Head Lisa Gomez points to education and outreach growth as important outcomes, along with recovered funds and relief.
Data & Research February 7th, 2024 Bank of America Reports 15% Increase in 401(k)s in 2023 The increase came partly from increased contributions, partly from market gains, which was also noted in separate 401(k) investing research...
Products February 1st, 2024 Managed Accounts, By the Numbers PLANSPONSOR’s latest plan sponsor research reveals how managed accounts are being used—or not—on the ground.
Client Service January 25th, 2024 Student Loan 401(k) Matching: A Case Study T. Rowe Price and engineering consultancy Kimley-Horn detail the steps that went into offering a student loan match in 2024.
View Points January 24th, 2024 State Mandates and the Adviser Opportunity Retirement plan fiduciaries and providers can benefit from the influx of state mandates, writes AmericanTCS President Tim Friday.
Deals & People January 23rd, 2024 Franklin Retirement Heads Aim to Double AUM Yaqub Ahmed and Steven McKay, once competitors in the marketplace, will now seek to meet the AUM goal for Franklin's...
Data & Research November 28th, 2023 LIMRA: Plan Advisers Will Play Key Role in Future of In-Plan Annuities Of plan sponsors considering an in-plan annuity, 79% do so through a plan consultant or adviser, according to a LIMRA...
Client Service November 21st, 2023 Infosys Ransomware Attack Affecting Nonqual Plans Nearing Fix Account holder plans may be nearing reactivation, but are still on hold through at least November 27, according to a...
In Practice November 20th, 2023 Adviser Talks: Kenneth Catanella On Financial Wellness The UBS managing director explains why financial wellness for participants is much more than “a nice to have benefit."
In Practice November 17th, 2023 PLANADVISER Practice Progress Series: Participants Top plan advisers stressed the importance of working with participants beyond just the retirement plan.
Client Service November 16th, 2023 Infosys Cybersecurity Event Disrupting Recordkeeper, Insurance Platforms T. Rowe Price, Vanguard, Principal, and Ascensus note ongoing system issues due to cybersecurity problem at US-based division of Infosys.
Client Service November 16th, 2023 Ascensus, Newport Nonqualified Platforms Hit by Infosys Cybersecurity Issue Ascensus and its Newport-owned nonqualified retirement systems have not been able to update participant accounts since November 2.
Practice Management November 15th, 2023 100% of Large Retirement Plan Advisories Now Include Wealth Strategy, According to T. Rowe In 2019, only half of plan advisers were considering a wealth strategy, but the opportunity to enhance profits by offering...
Products & Services November 15th, 2023 Looking to Benchmark Managed Accounts? This Firm Has a Report for That Fiduciary Decisions explains its process for comparing personalized managed accounts to options such as target date funds.
In Practice November 14th, 2023 Fewer Than Half of Workers Plan to Review Retirement Plan Contribution Corebridge experts recommend employees take advantage of this month’s open enrollment to expand their retirement savings.
Products & Services November 13th, 2023 Empower’s TDF-to-Managed-Account Offering Clocks $21B in Assets Recordkeeper's CEO notes potential for managed accounts and other participant offerings to grow on Prudential retirement migration.
Compliance November 13th, 2023 United Airlines Sues Advisers for ‘Scheme’ to Defraud 401(k) Pilot Participants A lawsuit filed in Minnesota federal court claims an independent advisory deceived participants by taking loans from their accounts for...
In Practice November 8th, 2023 AI’s Potentials, Pitfalls For Enhancing Participant Advice The retirement industry is honing in on artificial intelligence uses—and potential misuses—in improving participant interaction.
Deals & People November 7th, 2023 OneDigital Offers 401(k) Solution by Principal to Small Business Clients OneDigital advisers will use Simply Retirement by Principal, with the goal of streamlining the process of setting up a retirement...
In Practice November 3rd, 2023 Open Enrollment Means Open Door to Participant Conversations While open enrollment season is generally seen as too crowded to push 401(k) saving, it is a time for many...