DCIIA Appoints Katie Selenski as Strategy, Research Lead
Selenski will focus on the Workers’ Wealth Lab, which analyzes wealth disparities in the U.S. retirement system and market and...
Health-Related Spending Account Contribution Limits to Rise in 2026
Voluntary salary reductions for health flexible spending cafeteria plans and annual deductibles for medical savings accounts will slightly increase next...
Democrats Introduce Bills Waiving TSP Withdrawal Penalties During Shutdown
The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government...
New York Secure Choice Opens Employer Registration
The state-sponsored savings vehicle is mandatory for private-sector employees who lack access to a retirement plan at work.
IRS Ceases Most Operations, Furloughs Employees Amid Shutdown
The IRS will continue essential operations, including tax revenue processing, income verification services and support for legal functions related to...
Product & Service Launches – 10/9/25
Osaic advisers to use Vanilla’s estate planning platform; Elevation Point selects Vestmark for portfolio management; Bernstein introduces PEP; and more.
Stable Value Funds’ Slow Burn Could Fuel Lifetime Income
Although widely used for capital preservation, recent research indicated that stable value funds could also be a building block of...
Senate Confirms Janet Dhillon to Lead Pension Benefit Guaranty Corporation
Securities and Exchange Commissioner Paul Atkins was also reappointed to a five-year term from 2026 through 2031.
Inflation Wears Down Middle Class Financial Resilience
Middle class households can handle rising prices and unexpected expenses, but their overall financial well-being is slipping, according to the...
Fear of Litigation Impacts DC Plan Services, Investments
One in four respondents told the American Benefits Council they decided against providing more benefits to plan participants out of...
Ascensus Names Nick Good as CEO
Good will assume his role on January 1, 2026, as outgoing CEO David Musto transitions to executive chairman.
Advisory M&A News – 10/7/2025
Mercer Advisors acquires Singer Burke; King Financial Network joins Cetera’s Summit Financial Networks; BIP Wealth acquires Prehmus Financial; and more.
TIAA Hires Rob Crothers to Head Business Development
BlackRock’s former head of US retirement will lead efforts to develop strategic partnerships.
Federal Judge Dismisses AT&T PRT Case
While the Massachusetts court dismissed the pension risk transfer case against AT&T, the plaintiffs still have standing to sue.
RIAs Lead Financial Advisers in AI Tool Use
Most advisers told ISS Market Intelligence they used artificial intelligence tools to summarize information, rather than for more extensive analysis.
‘Complex Challenges’ Ahead as SEC Nears Dual-Share-Class Approval
Since April, the Investment Company Institute has looked into what asset managers may need to launch exchange-traded-fund share classes within...
Greenspring Advisors, Wealthstream Advisors Announce Merger
The combined advisory firm has more than $10 billion in private client and institutional assets.
Social Security Commissioner Bisignano Named ‘CEO’ of IRS
Frank Bisignano is the first commissioner charged with overseeing operations of both government agencies.
Nationwide Annuity Names Kush Kotecha as President
Craig Hawley, the outgoing president, was promoted to lead Nationwide’s financial services division.
World Investment Advisors Names Edward Walters as President
Current CEO Troy Hammond, founder of the firm, will step down at the end of the year.