Ameriprise Data Breach Impacts More Than 47,000 People
The breach occurred on March 2 but was discovered on March 18, according to the Maine attorney general’s office.
Nuveen Provides Access to Nestimate’s TDF Evaluation Tool
Plan fiduciaries can evaluate retirement plan investment menus, including target-date funds with embedded guaranteed income solutions.
Data Reveal Key Steps to Improve Clients’ Financial Wellness
Based on a Financial Finesse report, the personalization and timing of client communication, as well as maintaining human advice, led...
Genworth 401(k) Class-Action Suit May Head to Rehearing
Plaintiffs say the 4th Circuit’s previous rejection of class certification for thousands of retirement plan participants misinterprets ERISA.
59% Report Sufficient Retirement Nest Egg, per Transamerica
Surveyed pre-retirees had a median of $56,000 in their retirement accounts, yet on average thought $500,000 was needed in retirement.
LeafHouse, GTC Collaborate on CIT Platform
The artificial-intelligence-powered system is designed to consolidate the many documents needed to run collective investment trusts.
Edelman Marks $10M for Financial Planning School at Rowan University
Ric Edelman, a co-founder of the namesake financial services company, will serve as founding head.
Ascensus Uses PlanPort AI Platform For Document Review
The AI-powered platform has since been adopted by stakeholders supporting 401(k), 403(b), 457(b) and defined benefit plans.
Aronowitz Stands by Revised EBSA Priorities at House Hearing
Daniel Aronowitz told lawmakers his agency remains focused on efficient enforcement and reducing litigation that he said had ‘stifled innovation...
Product & Service Launches – 4/16/2026
iCapital alternatives accessible on Envestnet UMA platform; SEI releases CIT onboarding platform; and Vanguard launches 2 index equity ETFs.
DOL Guidance Calls Proxy Advisers ‘Functional Fiduciaries’
The proxy advisory industry is under intensifying scrutiny from President Donald Trump’s administration.
House Democrats Ask DOL Inspector General to Probe ERISA Advisory Council
More than a year has passed since the council last met; all past members’ terms have ended or have been terminated.
October Three to Offer Broker Educational Content Programs
The consulting and technology firm is acquiring Broker Educational Sales & Training and will offer its continuing education programs for insurance...
Unpacking the DOL ‘Safe Harbor’ for Alternative Investments
Courts are not required to treat the Department of Labor’s six-factor test for plan fiduciaries as anything more than one...
LPL, Private Advisor Group to Acquire Mariner Advisor Network
The segment of wealth manager Mariner includes 367 financial advisers and $31 billion in assets under management.
John Hancock, MIT Age Lab Release Longevity Assessment Tool
A survey found users scored 60 out of 100 on an assessment of their preparedness for retirement’s financial, physical and...
OneDigital Reveals Magnitude of Salesforce Data Breach
Data belonging to as many as 28,414 people were compromised, according to the Maine attorney general’s office.
Cigna Loses Bid to Stay ERISA Case
A federal judge in Pennsylvania said the case’s outcome does not hinge on the Supreme Court ruling in a separate...
ICI: Rise of CITs Adds Pressure to Outdated Fintech
Retirement plans relying on manual processes and aging infrastructure are struggling to keep pace, according to the industry group.
Health-, Long-Term-Care Costs Can Be Major Retirement Risk Factors
A LIMRA paper makes the case for financial advisers including long-term-care costs in retirement planning.