State-Level Missing Check Clearinghouse Launches
The States’ Unclaimed Retirement Clearing House allows plan sponsors and recordkeepers to transfer uncashed distribution checks to a plan’s state...
AI Product & Service Launches – 6/8/2026
Claro Advisors launches AI assistant; Zocks, Conquest Planning introduce AI integration; and Clearwater Analytics offers AI products for institutional investors.
Retirement Industry People Moves – 6/5/2026
Hub International creates cross-sell leadership role; Lincoln Financial promotes executives to committee roles; Empower taps new lead for government, Taft-Hartley...
WAMCO Settles SEC Cherry-Picking Allegations for $100M Fine
Former co-CIO Ken Leech was accused of cherry-picking, and the penalty will go to affected investors.
Trump Accounts’ Launch Tops Treasury Priorities
Broader access to retirement savings is taking a backseat to the children’s investment program, according to Secretary of the Treasury...
Are Personalized TDFs the Future of QDIAs?
A recent 2026 PLANSPONSOR National Conference panel discussed how tailored investments could impact qualified default investment alternatives.
Product & Service Launches – 6/4/2026
Voya launches multi-manager alternative collective investment trust for defined contribution plans; Baillie Gifford debuts US exchange-traded funds; and more.
Milind Mehere Named CEO of Advisor360
The financial technology executive succeeds Mike Fanning, who will remain as a strategic adviser.
SEC Seeks Comments on 5-Year Strategic Plan
The agency is prioritizing many of the topics Chair Paul Atkins has most focused on, such as reducing corporate disclosures...
ICI: 61% of Traditional IRAs Have Rollover Assets
Nearly two-thirds of traditional individual retirement account owners consulted with advisers before moving their assets.
Independent RIAs Hit $1B at Nearly 4 Times Last Year’s Pace
More advisory firms are hitting scale at a consistent pace, according to the wealth intelligence platform Fintrx.
Can DOL Steer Retirement Plan Industry into Safe Harbors?
Industry experts discussed the Department of Labor’s shifting focus from litigation to issuing fiduciary processes during the 2026 PLANSPONSOR National...
Mariners Wealth Advisors Data Breach Affects Nearly 9,000 Customers
The security incident from last November did not impact financial or investment accounts, according to the Maine state attorney general’s...
Financial Surveys Turn Up Gender-Specific Challenges
Nearly one-third of women investors reported communication gaps with advisers, and many married couples avoid key financial conversations altogether, according...
EBSA Head Aronowitz Says DOL Ended ‘Fiduciary Rule Madness’
From a restored five-part fiduciary test to reducing ‘meritless’ litigation, the head of the Employee Benefits Security Administration defended his...
Polled Adults Score 37% on Retirement Know-How, per Study
US adults also had the lowest level of general financial literacy in the past decade, according to the TIAA Institute...
Matthew Michelini Named President of Athene
The former Apollo Global Management head of Asia-Pacific pledges a ‘more diverse set’ of retirement products.
Retirement Industry Deals and People Moves – 5/29/2026
Fiduciary Trust Co. hires investment officer; Guardian appoints head of client solutions; Wells Fargo hires AI leader; and more.
DOL Presents 3 Oral Arguments Backing Employers in Forfeiture Cases
Department of Labor attorneys requested that the appeals courts affirm previous decisions to dismiss claims of fiduciary breach under the...
Product & Service Launches – 5/28/2026
PGIM launches actively managed core equity ETF; MetLife introduces flexible annuity option to guaranteed income offering; Dimensional Fund Advisors partners...