‘Massive’ Fraud Charges Trigger Allianz Global Investors U.S. Sale to Voya
The SEC says the charges and settlement show even the most sophisticated institutional investors, like pension funds, can become victims...
Tag: Providers
Transamerica Latest to Add Emergency Savings Accounts
The solution, which aims to help employees save for unexpected events that may impact their retirement security, is being rolled out via new relationships for the firm with...
Ambitious Firms Seeking Vertical Integration in the Financial Services Industry
The concept of ‘vertical integration’ is historically association with heavy manufacturing industries such as steel production, but it is increasingly...
Tracking Providers’ Responses to COVID-19
Retirement plan recordkeepers have announced fee cuts, service expansions and more.
LT Trust Launches Enhanced Service Suite
Among other enhancements, clients can now add Fingage’s managed account solution for a small fee.
Competitors PCS and Aspire Combine in Latest Recordkeeper Acquisition
PCS and Aspire, both founded nearly two decades ago with the common goal of providing specialized services to investment fiduciaries, will join together to achieve the benefits of...
Human Error Leaves Retirement Plan Data Exposed
Experts in financial services cybersecurity are confident in most organizations’ technical strategies—in their use of sophisticated firewalls, encryption and network...
Wells Fargo and Principal Can Learn From John Hancock-New York Life Deal
The recently finalized acquisition of Wells Fargo’s Retirement and Trust business by Principal Financial Group calls to mind an earlier deal, inked by John Hancock and New York...
In M&A Assessments, Culture Matters as Much as Revenue
The inside story of the acquisition of Blue Prairie Group by Cerity Partners shows the foundational importance of long-term relationships...
Recordkeeping Clients of BB&T and SunTrust Wait for More Merger News
The recently-announced merger between BB&T and SunTrust will create the sixth-largest retail banking organization in the U.S.; both firms also have a presence in the DC plan recordkeeping...
Fee Transparency, Custom Defaults on Client Agendas for 2019
Even as the retirement plan industry has evolved in important and significant ways, the manner in which providers present fees...
Retirement Income Conversations Drive New Wells Fargo Resource
To help improve participant planning, the Retirement Income Planning Center provides resources to help create a retirement budget and income plan, which Wells Fargo says are two essentials...
Investment Products and Services Launches
Neuberger Berman Addresses Volatility with PutWrite Fund; PanAgora Adds ESG Alpha Factors; and Hartford Funds Expands ETF Roster.