Mercer to Acquire Vanguard’s US OCIO Division
Mercer will add to its not-for-profit outsourced investments and retirement consulting capabilities.
Passive Mutual Fund Assets to Surpass Active in ’24
Passive is taking a lead, particularly in qualified retirement plans, but active advisers are making inroads in other areas, according...
Tyson Foods Employees Allege Excessive 401(k) Plan Fees
The plaintiffs’ complaint included a detailed comparison of allegedly similar, lower-cost recordkeeper fees for the plan with $3.2B in assets.
Hub Lands AFS 401(k) Retirement and Wealth Advisories
Advisers Alp Atabek and Alex Assaley will join Hub as retirement and wealth consolidation continues.
The PLANADVISER Interview: John Longley, CEO, SageView
The new CEO discusses what he sees in SageView’s opportunity to leverage the retirement and wealth convergence.
IRS Part-Time Eligibility Rules Bring Relief, Surprise, Deadline Concern
The vesting rule in the proposal is a focus for industry experts.
KKR to Buy Final 37% of Annuity Provider Global Atlantic for $2.7B
Already the majority owner, KKR will take full ownership to solidify its insurance footprint and the connection to its asset...
The State of PEPs and What to Expect in 2024
Aon has hit $2 billion in pooled employer plan assets, and advisers and providers see potential for continued PEP growth...
LIMRA: Plan Advisers Will Play Key Role in Future of In-Plan Annuities
Of plan sponsors considering an in-plan annuity, 79% do so through a plan consultant or adviser, according to a LIMRA...
The PLANADVISER Interview: Jessica Baehr, Head of Group Retirement, Equitable
Baehr discusses why more than 1,000 advisers sitting in ‘little chairs’ in classrooms is key to providing retirement guidance.
Infosys Ransomware Attack Affecting Nonqual Plans Nearing Fix
Account holder plans may be nearing reactivation, but are still on hold through at least November 27, according to a...
Citi, JP Morgan Rated 1st in Digital Platform Satisfaction, According to JD Power
Survey finds connection between digital experience ranking and client satisfaction and retention.
Advisory M&A News – 11/20/23
Wealth Enhancement adds two New York-based RIA firms; Bitcoin IRA acquires Shrimpy.io; UBS snags Merrill wealth advisory.
Adviser Talks: Kenneth Catanella On Financial Wellness
The UBS managing director explains why financial wellness for participants is much more than “a nice to have benefit."
PLANADVISER Practice Progress Series: Participants
Top plan advisers stressed the importance of working with participants beyond just the retirement plan.
Infosys Cybersecurity Event Disrupting Recordkeeper, Insurance Platforms
T. Rowe Price, Vanguard, Principal, and Ascensus note ongoing system issues due to cybersecurity problem at US-based division of Infosys.
Ascensus, Newport Nonqualified Platforms Hit by Infosys Cybersecurity Issue
Ascensus and its Newport-owned nonqualified retirement systems have not been able to update participant accounts since November 2.
Looking to Benchmark Managed Accounts? This Firm Has a Report for That
Fiduciary Decisions explains its process for comparing personalized managed accounts to options such as target date funds.
EBSA Denies Comment Period Extension for Fiduciary Proposal
The regulator pushed back on industry requests to extend comment time for the controversial proposal; the period will still end...
Envestnet, Empower Launch 401(k) Plan Solution for Financial Advisers
The retirement platform is geared toward wealth managers seeking a plan option and includes four options for providers of target-date...