Voya Creates Team Focused on Managed Accounts
The specialist group will work to increase managed account participant usage and distribution across Voya platforms.
Personalized Financial Outreach Wins More Clients, per Broadridge
The company’s general manager, Kevin Darlington, explains how personalized messages—sometimes aided by AI—produce proven results for investor engagement.
Recordkeepers Are Leaning In on Managed Account Offerings
Representatives from Fidelity, Vanguard, Empower and Principal discuss their proprietary and partnered managed account offerings and growth.
Retirement Industry People Moves – 2/23/24
Alerus names retirement services officer; FINRA appoints new board members; and T. Rowe board chair Stromberg steps down.
401(k) World: Retirement Plan and Wealth Advisement
The second story in PLANADVISER In-Depth’s series on the 401(k) market considers the convergence of retirement planning and wealth management—a...
Advisers Giving Back: Brad Holdhusen and the Father’s Club
The Prime Capital Investment Advisors adviser discusses a grassroots organization to promote fathers’ involvement with kids and communities.
TIAA’s RetirePlus In-Plan Income Option Reaches $30B
Assets jump on demand for guaranteed lifetime income; meanwhile, NAPA announces retirement income certificate program for advisers.
Encore Fiduciary Finds Inaccurate Fee Benchmarking in 401(k) Litigation
Fiduciary expert says the plaintiffs’ use of Form 5500s to measure fees creates erroneous comparisons, and he recommends its new...
Startup Salt Labs Seeks to Disrupt Savings Benefits for Hourly Workers
Founder Jason Lee, who started DailyPay, has $18 million in seed funding in under one year for a program to...
It’s Time We Stopped Evaluating Managed Accounts From 2006
iJoin’s CEO discusses the evolution and current state of managed accounts.
401(k) World: The Piggy Bank
The first story in a new quarterly series, PLANADVISER In-Depth, considers the tax code that underpins America’s pension system and...
Advisory M&A News – 2/20/24
OneDigital pens deal for $2.6B retirement plan advisory from Wintrust Financial; Curio Wealth created from Bay Point; and Berger makes...
The Expansive Reach of the DOL’s Proposed Fiduciary Rule
ERISA experts Fred Reish and Joan Neri answer a question and provide detail on the department's proposed retirement security rule.
Retirement Industry People Moves – 2/16/24
Alerus names retirement sales consultant; Vestwell appoints pair of regional VPs; Wagner Law Group adds to Taft-Hartley practice; and more.
TIAA Subsidiary Settles With SEC for $2.2M on IRA Recommendation Charge
TIAA-CREF Individual and Institutional Services settled charges of failing to comply with Regulation Best Interest.
Empower Reports Year-Over-Year Growth in Workplace, Wealth
CEO Ed Murphy says the firm is on the lookout for wealth-related acquisitions and notes 500 employees were hired into...
Product & Service Launches – 2/15/24
CAPTRUST joins list of advisories partnering with Pontera on 401(k) management tool; F&G Annuities & Life launches RILA; and iCapital...
Consultants Advise Plan Fiduciaries to Vet DC Annuity Offers
A proliferation of retirement income annuity offerings has ARC consultants citing ‘cause to question’ language that requires assessing annuity offerings...
Labor Economist Takes Aim at ‘Working-Longer’ Culture
Teresa Ghilarducci discusses why her new book pushes back on working in old age as an answer to retirement insecurity.
How AI Will Change the Retirement Industry, and How It Won’t
A PensionPro executive explains that while AI will make third-party retirement administrators more efficient and effective, human advisers and administrators...