Client Service October 17th, 2024 New PEP for Head Start Programs Launches With Oregon-Based Plan Sponsor The pooled employer plan focused on 403(b) nonprofit educational programs is sponsored by GPS, with investment fiduciary services from the...
Compliance October 4th, 2024 Treasury, IRS Issue Part-Time Eligibility Guidelines for ERISA 403(b) Plans The guidance clarifies exclusions that prevent certain part-time employees from contributing to a plan.
Compliance May 3rd, 2024 CITs in 403(b)s, Roth Rollovers, Among Priorities for Government Plans NAGDCA laid out these and other 2024 legislative priorities.
Products October 13th, 2023 Voya Focusing on PEPs, MEPs With Advisers, Says Top Exec The wealth solutions sales head made the comments at a LeafHouse conference as the firm announced it was nearing $90B...
Products September 29th, 2023 Ascensus Hits $1B AUA in PEPs, Showing Continued Adoption The firm cites almost 650 employers in their pooled employer plans; meanwhile, Ameritas is launching a 403(b)-specific offering.
Client Service August 22nd, 2023 Retirement Plan Limits to Rise in 2024, Mercer Projects Almost all retirement plan limits will increase, with the exception of catch-up contributions, according to the benefits consultancy.
Data & Research August 17th, 2023 Fidelity: Auto Default Contribution Rate Hits All-Time High of 4.1% The recordkeeper’s Q2 participant report also finds third-consecutive boost in average retirement account balances on strengthened markets.
Products July 28th, 2023 Voya Brings Pooled Employer Plan Option to 403(b) Plans The firm calls its Secure Retirement 403(b) PEP the first to market, following a years-long push for PEPs in the...
Compliance July 12th, 2023 Insurance Group Calls On White House to Support More Retirement, Annuity Legislation The IRI wrote to the Biden administration in the hopes it will back retirement legislation that paves the way for...
Products March 28th, 2023 The PLANADVISER Interview: Colbert Narcisse, TIAA The product and business development leader discusses the opportunities and challenges of in-plan retirement income annuities in DC plans.
Deals & People January 13th, 2023 BlackRock Invests in Small Business 401(k) Provider Human Interest BlackRock’s investment comes on the heels of retirement legislation designed to increase retirement plan coverage by small businesses.
Deals & People January 9th, 2023 Advisory M&A Alera buys Ascent Group, adds $2.8B in AUM; Heffernan snags Utah-based insurer; Marsh McLennan acquires HMS Insurance Associates; and more.
Compliance November 18th, 2022 SECURE 2.0 Enjoys Widespread and Consistent Industry Support Industry actors and interest groups continue to express enthusiastic support for SECURE 2.0 and support its passage in the coming...
Compliance November 8th, 2022 IRS to Permit Determination and Termination Letters for 403(b) Plans Beginning in June 2023, the IRS will allow 403(b) plans to apply for determination and termination letters, similar to 401(a)...
Products September 21st, 2022 Wilmington Trust Introduces Digital CIT Onboarding Tool Plan adviser users of the tool can automatically pull key data for the plan they are advising into the system...
Data & Research September 14th, 2022 Social Security Concerns Drive Early Benefit Claims Almost half of workers surveyed (48%) have no strategy to generate retirement income, Schroders finds.
Compliance July 5th, 2022 A Capitol Hill Update With SSGA’s Melissa Kahn The leader of State Street Global Advisors’ public policy work says there is significant momentum building in Congress behind another...
Deals & People February 16th, 2021 M&A Update: Cammack and Atlanta Retirement Partners Find New Homes The retirement planning and advisory industry is rapidly changing this year, with two more major acquisitions already being announced by...
Compliance December 4th, 2020 Revived UPenn 403(b) Lawsuit Reaches Settlement Details have not yet been published, but a court filing shows the parties have reached an agreement to resolve the long-running case.
Client Service December 1st, 2020 2021 Plan Sponsor of the Year Nominations Are Open Do you work with, or know of, a plan sponsor that deserves recognition for going above and beyond? Consider nominating them for a 2021 PLANSPONSOR Plan Sponsor of...