IRS Reminds Retirees to Take RMDs Before Year-End
Those aged 73 and older must take their required minimum distribution from defined contribution plans and IRAs.
Corporate Pension Funds Near Year-End on Strong Note
The major defined benefit consultancies all reported improved funded status in November, as strong markets offset liabilities.
LPL Settles With Ex-CEO Arnold for $12M in Stock Options
The settlement, reached a little more than two months after he was fired, was about 15% of the total he...
Hub Projects Compliance, Due Diligence, Well-Being Will Be Essential to Plan Success in 2025
The employee benefits provider’s annual outlook also anticipates active and passive investment ‘mirroring’ in plans to mitigate risk.
DC Advisers Interested in Retirement Income Solutions, but Still Hesitant
Systematic withdrawals are still more commonly recommended than in-plan annuities, but that may shift in coming years, according to researchers...
Carson Group President, Financial Planning Head Move On
Executive departures signal more reshuffling at the $38 billion advisory.
Firefighter Pension Complaint Alleges Insider Trading by United Health Execs, Including Slain CEO
The late Brian Thompson and two other executives were accused of dumping stock prior a DOJ antitrust investigation into the...
Empower to Offer Income Products From Allianz, Putnam and TIAA
The country’s second-largest recordkeeper adds more annuity retirement income products, including its first on-platform fixed-index annuity.
Retail Investing AUM Will Likely Slow in Next 5 Years, But Sales Will Rebound
A forecast from ISS Market Intelligence shows overall retail investment assets down in the next five years, but with product...
Veteran Plan Advisers Advocate for DB Expertise
Jim Robison and Tommy Ford, both members of the Retirement Advisor Council, explain why defined contribution plan advisers should include...
DPL, Offering Commission-Free Annuities, Gets $23M in Funding
The investors include the venture arm of annuity seller and recordkeeper TIAA.
Transamerica Introduces 2 New Pooled Plans
One of the plans offers more control for the plan sponsor; the other is a traditional PEP structure.
Trump Picks SEC Alum to Chair Regulator
Paul Atkins, a digital assets advocate, has been designated the nominee to replace the outgoing Gary Gensler.
Prudential Promotes Global Investment Leader Sullivan to CEO
Charles Lowrey will remain chairman, with Andrew Sullivan running the insurer and asset manager and Jacques Chappuis taking over as...
1 Year in, Portability Services Network Covers 15,000 Retirement Plans
According to the network started by Retirement Clearinghouse to transfer ‘stranded’ workplace balances, it has more than 7,800 transactions in...
WAMCO Names New CEO as Former CIO Faces SEC Fraud Charges
Thomas Gahan will now lead Western Asset Management Co., while former CEO James Hirschman becomes chairman.
Kevin Hassett Announced as Trump’s Pick to Head National Economic Council
Hassett is known in the retirement industry for a paper he co-authored that expressed support for creating something similar to...
Cerulli Finds Growing Dominance in Fee-Based Advisory Programs
The rise of managed accounts and increase in holistic financial advice is driving the trend.
Nearly Half of Retirees Have No Formal Decumulation Strategy
A similar 46% say they get minimal to no guidance on decumulation from their employer or 401(k) provider, according to...
11 Republican AGs Sue BlackRock, State Street, Vanguard in ESG Case
The 11 states, led by Texas, allege the asset managers have been undercutting coal companies and driving up electricity prices.