By the Numbers: Participant Retirement Saving Strategies & Outcomes
The final PLANADVISER In-Depth installment for this quarter reveals the saving outcomes for participants depending on their strategies.
RIA Headcount Continues to Rise
Registered investment adviser headcount and assets hit another record in 2023, according to the Investment Adviser Association and COMPLY.
Vanguard Reopens Two Actively Managed Mutual Funds to New Investors
Vanguard has brought back its Primecap and Primecap Core funds, which were closed to new investors in 2004 and 2009,...
Future Capital Launches Digital 401(k) Asset Management Tool
The RIA, specializing in syncing financial advisers to 401(k) assets, launches a digital platform for advisers to manage held-away accounts.
Taking a ‘Startup’ Job at a Legacy Insurer
Ben Thomason discusses why working in the in-plan guaranteed income space is akin to roles he’s held at startups.
Nonqualified Compensation Moves Downstream
A Newport executive discusses how early findings from an annual survey show plan sponsors providing nonqualified compensation programs to a...
Retirement Industry People Moves – 6/14/24
Sequoia Financial hires chief strategy and partnerships officer; TIAA names new head of consultant relations; The Standard taps regional vice...
Nuts & Bolts: Should I do Roth 401(k), Traditional Or Half and Half?
In this Nuts & Bolts entry, PLANADVISER unpacks this essential, but often misunderstood area among participants.
Product & Service Launches – 6/13/24
New York Life Investments renames mutual funds; AB launches two actively managed ETFs; Equitable adds to corporate endowment solutions; and...
Strong Plan Committees Have Documentation, Flexibility
Experts at the 2024 PLANSPONSOR National Conference note some key tips for running successful retirement plan committees.
Nuveen CEO Minaya Steps Down, President Huffman Takes Role
William Huffman will take the CEO role for TIAA’s investment management division.
Strategic Retirement Partners Launching PEP With Alerus
The advisory’s second pooled employer plan will include a default iJoin managed account and has plans for a TIAA/Nuveen retirement...
Institutional Plan Consultants: Nearly 90% of Clients Want Income Solutions
PIMCO’s survey of DC plan consultants noted clients seeking a suite of both non-guaranteed and guaranteed income options.
Marsh McLennan’s Mercer to Acquire UK-based Retirement Plan Consultant
Mercer parent Marsh McLennan will expand its international retirement footprint with purchase of Cardano.
Additional Services Key for RIA Growth Plans
Financial advisers’ growth plans include additional client services such as multi-generational planning, college saving and 401(k) asset management and plan...
Cetera Hires Jerry Patterson to Lead Retirement, Annuity Push
Firm taps Fidelity’s life insurance president to bolster retirement, life insurance and annuity offerings to its network of over 10,000...
Vetting of QDIAs Is Crucial as Options Proliferate
Fiduciaries must have a strong process to determine the best qualified default investment alternative for their plan’s participants, said a panel at...
AT&T Files Motion to Dismiss Lawsuits Related to Athene Deal
The telecommunications firm says allegations of fiduciary breach are misplaced and should sit with its independent fiduciary SSGA.
Retirement Industry People Moves – 6/7/24
CFP Board appoints managing directors; Royal Bank taps Sanya as CEO of U.S. asset management; Aon names Reese CFO; and...
What to Know About Qualified Student Loan Payment Matching
While the IRS has provided guidance on the new provision, there is still clarification needed, according to an expert.