House Democrat Shares Concerns About Alts in Retirement Plans With GAO
Representative Richard Neal wrote the Government Accountability Office about ‘very concerning’ reports of redemption caps on retail private credit funds.
Appellate Court Dismisses Forfeited Funds Case Against Wells Fargo
The U.S. 8th Circuit Court of Appeals is the first appellate court to decide whether former employees and plan participants...
Steve Scanlon, Bryan Pinsky to Lead Retirement Divisions Following Equitable-Corebridge Merger
David Karr will lead the combined company’s wealth management business.
Adviser Movement Increased Ahead of Record M&A Quarter
A study shows more than 39,000 financial advisers changed firms in 2025, marking a third straight year of increased movement.
Ford Accused of Improper Use of Employees’ 401(k) Savings
Ford retirement plan fiduciaries allegedly used participant assets, rather than company funds, to pay administrative expenses.
Ascensus to Acquire AmericanTCS
The acquisition of the Pittsburgh-based retirement solutions provider is expected to close in the third quarter of the year.
Academics Propose Solutions to ‘Annuity Puzzle’
Behavioral interventions, policy developments and design initiatives could increase annuities’ market share.
529 Plans Total $569B in Q1
ISS Market Intelligence tracked increases in assets of 529 college saving plans and ABLE accounts during the first quarter of...
Retirement Industry People Moves – 5/8/2026
Brian Haloossim becomes president of Lido Advisors; Erica Bloudek joins Wilde Wealth Management Group as chief operating officer; Shane Kelly...
Q1 RILA Sales See 21% Year-Over-Year Increase
Registered index-linked annuity sales started 2026 with their second-best quarter on record, according to LIMRA.
Schlichter Bogard Files Suit Over Voluntary Benefits Program Fees
Banner Health and its plan fiduciaries allegedly caused employees with supplemental insurance offerings to pay excessive premiums.
Solo Adults Report Confidence in Saving—but Concerns About Having Enough for Retirement
An Ameriprise survey found that nearly half of single, divorced and widowed adults view retirement preparedness as a top financial...
DOL Asks to Join Oral Arguments in 2 Plan Forfeiture Cases
Honeywell International Inc. and Siemens Corp. gave the Department of Labor 5 of their allotted 15 minutes of oral argument...
EBSA Head Aronowitz Asks for Industry Input on DOL Investment Rule
The head of the Employee Benefits Security Administration confirmed that the agency is considering additional guidance—particularly on fiduciary ‘duty to...
SEC: PEPs Qualify for Single-Employer Plans’ Exemptions
The Securities and Exchange Commission’s regulatory statement may open the door to wider participation in pooled employer plans.
Millennial Investors Reveal Low Financial Confidence Levels
Slightly more than half of surveyed Millennials said they were focused on saving for retirement, according to Parnassus Investments.
Many Small Business Owners Lack Financial Safety Net
Recent surveys reveal entrepreneurs struggle in financial resilience and succession planning.
Nonprofit Leaders Call on SEC to Back CITs in 403(b)s
Congressional action is required to allow collective investment trusts to be included in 403(b) plans.
Wealthspire to Acquire Fi3 Advisors
Fi3, which has approximately $1.2 billion in assets under management, will operate with the same client and firm leadership team.
New Hires Make Retirement Decisions Without Much Guidance
Nearly half of respondents to a recent survey said they contributed from 1% to 5% of their pay toward retirement.