Tag: pooled employer plans

Franklin Templeton has selected a new group plan recordkeeper in Transamerica, while PRI and Waypoint have formed a new joint company called Group Plan Systems.

The objective of the new pooled employer plan  will be to create as close to a complete environmental, social and governance investment lineup as possible.

Fidelity Investments expands lineup of SMAs; Unision Risk Advisors launches PEP; Retiree, Inc. creates first decumulation model portfolio; and more.

PEP-RFP.com offers three levels of service, from access to a database about pooled plan providers and their pooled employer plans to a full request for proposals process.

The pooled employer plan that will launch in 2021 is for small and mid-sized employers.

The consultant has selected Empower Retirement as a recordkeeper for its outsourced 401(k) solution as well as for the intended pooled employer plan.

Financial advisers and professionals explain what they are hearing from clients and what they anticipate for the upcoming year.

Lockton announced in August that its new outsourced administrative responsibilities (OAR) practice will make PEPs the first order of business.

Smart says it supports advisers of all sizes and that its platform also facilitates the use of lifetime income in retirement plans.

The SECURE Act allows pooled plan providers to start operating pooled employer plans beginning on January 1, 2021, but providers must register before operations can begin.

Bradford P. Campbell, with Drinker Biddle, recently discussed specific requirements for open MEPs, now called pooled employer plans (PEPs), included in the SECURE Act.