California Bill on Pharmacy Benefit Manager Reform Gets ERIC Approval
The bill would in part prohibit a pharmacy benefits manager in California from requiring use of only an affiliated pharmacy.
House Bill Would Allow Transfers of Unclaimed Retirement Distributions to States
The bill would have states report unclaimed retirement savings to a Department of Labor database, making it easier for individuals...
Advisory M&A News – 9/16/25
Cetera forms partnership with Alma Bank; Waverly Advisors acquires Brass Tax Wealth Management; Moneta forms partnership with Lane Hipple; and...
High-Earning Women Have Lower Satisfaction with Work Benefits
As women earn more, they also feel their career and family-size options shrink, according to a new study from The...
Job Turnovers Not Driven by Generational Differences
Millennials and Generation Z stay at their jobs at about the same amount of time that previous generations did at...
August: Fifth Straight Month for Corporate Pension Gains
The funded status of defined benefit pension plans rose by $8 billion in August, or double the previous month's gains,...
IRS, Treasury Release Final Roth Catch-Up Regulations
While the agencies are ending a two-year delay in establishing the regulations, the rules will only be applied in ‘good...
Hourly Workers Lag Behind Salaried Employees in Achieving Retirement Goals
The disparity comes from a lack of access to plans, guidance and education, according to Escalent’s Cogent Syndicated.
92% of Plan Sponsors Work with Advisers, Per Fidelity
Retirement plan sponsors’ satisfaction with plan advisers is strongly linked to participants’ retirement readiness, according to the latest Fidelity Plan...
Gen Z, Millennial Women Face Confidence Gap in Financial Conversations
A new study from the Principal Foundation found that young women feel more anxious and less confident than men discussing...
Retirement Industry Deals and People Moves – 9/12/2025
FMG names Mark Casady as executive chairman; wealth adviser David LeMond joins Farther; Ashleigh Kester joins Voya as advisory services...
DOL Backs Morgan Stanley, Says Deferred Pay Is Exempt from ERISA
The Department of Labor decided that Morgan Stanley's deferred compensation program is a bonus, rather than a pension plan subject...
Social Security Cost-of-Living Adjustment Foreseen as 2.7% for 2026
One month before Social Security’s official decision is expected, the Senior Citizens League predicts a slight increase in benefits for...
Student Loan Woes Highlight Need for Personalized Financial Planning
When anxiety created by student debt impacts long-term goals like retirement and savings, advisers can be crucial guides to a...
Product & Service Launches — 9/11/25
iCapital and Tangible Markets partner on liquidity solutions for alternative investment funds; Betterment and Vanilla offer estate planning technology available...
Sandwich Generation’s Financial Pressures Erode Retirement Confidence
As Generation X members try to balance retirement readiness, financial wellness and supporting their aging parents and children, many feel...
Worker Optimism About Retirement Rises, Actual Savings Contributions Fall
Employers’ confidence in their employees’ retirement savings is at its lowest point in a decade, but savers’ confidence has risen...
Lincoln International Acquires MarshBerry
As part of the transaction, Atlas Merchant Capital agreed to sell its interests in MarshBerry to Lincoln International.
Financial Firms Show Interest Uptick in Generative AI
A Broadridge study found 72% of financial services firms reported making ‘moderate to large’ investments in generative artificial intelligence in...
IBM Accused of $14B Pension Risk Transfers to ‘Unsafe’ Insurer
IBM allegedly jeopardized the retirement security of more than 132,000 former workers by offloading billions of dollars in two pension...