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...
Practice Management November 1st, 2023 Participant Education Requires Innovation, 1-on-1 Coaching in Hybrid Labor Market PLANADVISER spoke to experts about how they provide financial wellness education to meet the needs of today’s participants.
Data & Research November 1st, 2023 Participant Goals Show Need for Plan Design Improvements Many participants want to save more and retire at the traditional age, which will require advisers to help with thoughtful...
Practice Management November 1st, 2023 Long-Term Participants Create Challenges, Opportunities Participants are staying longer in 401(k) workplace plans. What does that mean for the future of plan advisement?
View Points October 25th, 2023 How to Leverage SECURE 2.0 to Improve Participant Outcomes Participant demographics and behavior can guide plan advisers and sponsors to specific areas of retirement policy, says Vanguard’s managing director...
In Practice August 9th, 2023 Smaller Plan Sponsors More Likely to Default to TDF that Moves to Managed Accounts A hybrid QDIA solution that transfers participants from a TDF into a managed account can be a hard sell, say...
Products June 6th, 2023 Marsh McLennan Agency Adds IRA Offering for ‘Main Street’ Retirement and wealth head discusses the firm’s IRALogix-backed offering to extend further into wealth management solutions for participants.