Tag: Recordkeeping

The complaint claims participants overpaid millions of dollars to Xerox’s recordkeeper from 2015 through 2021.

Planned enhancements include recordkeeping modernization, additional retirement income experiences and new financial wellness capabilities, among others.

The feature comes at a time when administering multiple plans at once can be a confusing process for employers with little knowledge of the retirement industry. 

SS&C Technologies will act as the underlying recordkeeper for the Everyday 401(k) small-business retirement plan solution, which the firm’s leadership says will complement the existing Retirement Link platform...

Vanguard says the partnership enables it to modernize its core recordkeeping platform and move faster on redesigning its participant experience.

The regional banking company is accused of breaches of the fiduciary duties of prudence and loyalty.

SBA's founding principal says search engagements on the vendor platform will start at $25,000, depending on the nature and scope of the plan sponsor’s request.

Ninety-two percent of sponsors work with advisers, but only 70% are ‘very satisfied’ with their relationships.

The plaintiffs sued for failing to seek competitive bids for recordkeeping, but admitted to not knowing the amount Trader Joe’s paid in recordkeeping fees.

Through the new ManagedPlan solution, the PCS Retirement recordkeeping platform will be fully integrated with Envestnet's wealth management platform.

The enhanced platform enables advisers, payroll companies and enterprise partners to focus on their core competencies.

The all-stock transaction is valued at approximately $26 billion; while subject to various closing conditions, the deal is expected to close successfully by the middle of next year.

Retirement plans of all sizes are seeing their recordkeeping fee schedules questioned, especially when those fees are expressed as a percentage of assets.

The deal announced by Creative Planning and America’s Best 401k shows recordkeeper consolidation is not just occurring at the top end of the market.

Principal is incorporating capabilities from the Wells Fargo Institutional Retirement and Trust platform into its own proprietary recordkeeping system, which will serve Principal and transitioning Wells Fargo customers...

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...

The advantages of working with FlexPrecision allow financial advisers to concentrate on market opportunities and to cultivate new business.

Kevin Barry, president of workplace investing for Fidelity, talks recordkeeping industry consolidation and the need for scale.

The SPARK Institute's Data Security Oversight Board (DSOB) worked with definitional examples from national cyber standards, international regulations, state privacy laws, and client contracts and gathered insights from...