Workers Show Social Security Knowledge Gaps
Although older workers understand the benefit better than their Millennial and Gen Z peers do, all could be better educated,...
T. Rowe Price Introduces Adviser Social Security Analyzer Tool
Along with the tool, the company is offering a range of content for advisers and clients through its "Power of...
HSA Assets Grow to Nearly $147B in 2024
While balances are up, Devenir reported, continued seasonality was evident in the share of accounts that are not funded at...
Annuities Can Make Client Relationships ‘Sticky,’ but Misunderstandings Persist
Almost 78% of financial professionals report that clients have negative preconceptions about annuities, making it more difficult to foster a...
PRT Lawsuits Get Split Rulings in District Courts
A lawsuit against Lockheed Martin over pension risk transfers it conducted with Athene will continue, whereas a similar lawsuit against...
Popularity of No-Load Mutual Funds Whittles Down Fees
Expense ratios for mutual funds and ETFs have plunged over the past 28 years, per an ICI report.
Larry Fink Touts Importance of Private Assets in Annual Letter
One way to fix the “retirement gap” is to increase access to alternative investments in 401(k) plans, according to BlackRock's...
Lawsuits Call Attention to ESOP Cash Holdings
Plan fiduciaries have been accused of failing to prudently invest cash held in employee stock ownership plan trusts in recent...
SPARK Institute Announces Financial Literacy Initiatives
In a recent study, “Financial and Retirement Literacy Among Students and Recent Hires,” conducted with Corporate Insight Inc., SPARK found...
CFP Board Survey Examines Implications of TCJA Expiration
Nearly 9 in 10 CFP professionals say their clients’ financial objectives are at-risk due to the pending expiration of the...
LPL Financial Acquiring Commonwealth Financial Network
It is expected that Commonwealth’s approximately 2,900 advisers and their $285 billion in assets will migrate to the LPL platform...
PGIM Research Examines Deglobalization’s Portfolio Implications
Approximately 25% of global GDP, including a significant number of strategic and high-tech sectors, is deglobalizing, according to the report.
Changes to Federal Student Loan Repayment Forgiveness Increasing Financial Stress
After payments resumed, the volume of past due federal loans quickly returned to pre-pandemic levels and reached a new high...
Retirement Industry People Moves – 3/28/25
IRI elects a new board chair; Janus Henderson hires a head of North America Institutional; MissionSquare Retirement hires a new...
Less Than Half of Americans Satisfied With Their Financial Advice
A TIAA Institute and MIT AgeLab survey finds consumers working with advisers are more satisfied with financial advice, underscoring the...
Workers Concerned About Retirement Savings, Want Support
Nearly half (49%) of Americans “strongly agree” or “agree” their retirement plan savings are the only significant emergency savings they...
Product and Service Launches – 3/28/25
World Investment Advisors launches investment management platform WorldMAP; eMoney Advisor enhances needs analysis feature; Financial Finesse and SecureSave announce partnership;...
Social Security Administration Extends Identity Proofing Requirements
The SSA also made an exception to the in-person requirement for for those applying for certain services, although the exception...
401GO Expands 3(38) Services Through Mesirow Partnership
Mesirow’s 3(38) fiduciary services will be integrated within the 401GO retirement platform and available to the approximately 1,400 financial adviser...
Academics Receive Awards for Research Advancing Financial Planning
The Financial Planning Association and the “Journal of Financial Planning” announced the academic researchers who earned the 2024 Best Research...