Market-Based Cash Balance Plans Increasingly Seen as Lifetime Income Solution
October Three argues these specific cash balance options can achieve lifetime income through regular payouts to retirees.
News
Plaintiffs Drop Appeal of Home Deport ERISA Case
A district court judge ruled that The Home Depot did not breach its fiduciary duties in its use of retirement...
Product & Service Launches – 12/4/2025
Zocks, eMoney provide AI-powered document intelligence enhancement; InspireX, Luma, Subscribe collaborate on ARIA technology portal; and more.
IRIC Foresees Broader In-Plan Retirement Income Adoption in 2026
This year saw expanding selection of target-date funds, annuity marketplaces, systematic withdrawal programs and other income solutions, according to the...
House Committee Advances Bipartisan ‘INVEST’ Act
The 64-page bill proposes a new certification exam for ‘accredited investors’ and would allow 403(b) plans to invest in the...
Advisory M&A News – 12/3/2025
Creative Planning adds Burt Wealth Advisors; Sequoia Financial Group expands in California with Sterling Financial Group; Waverly Advisors buys business...
TIAA, Vanguard to Offer Target-Date Lifetime Income CIT Series
The product embeds the TIAA Secure Income Account, a fixed annuity, in a target-date fund.
ERISA Lawsuits Spark Partisan House Committee Debate
House Republicans’ remarks on ‘predatory’ prohibited transaction claims came shortly after SEC Chairman Paul Atkins pushed for deregulation at the...
Joint Amicus Brief Backs Dismissal of 401(k) Forfeiture Complaint Against Wells Fargo
The ERISA Industry Committee and its coalition said that the IRS has consistently taken the position that forfeitures can be...
CITs Are ‘Ideal’ for Access to Private Markets, per Cerulli
Most asset managers that Cerulli Associates surveyed said they planned to offer direct contribution plans a range of sub-asset classes...
U.S. Reps Introduce Bills on ERISA Litigation, Annuity Access
The two bills aim to discourage unmeritorious ERISA lawsuits and expand in-service rollover options.
2025 Top Retirement Plan Adviser: Erik Daley
Thoughts from Erik Daley, with Multnomah Group.
A New Age for PEPs
Pooled employer plans have grown significantly over the last four years, as larger employers are increasingly drawn to the plans’...
TSP to Introduce Roth In-Plan Conversion Feature
Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving...
Federal Appeal of DOL Fiduciary Rule Ends in Circuit Court
The Department of Labor has ended its defense of a 2024 fiduciary rule that would have brought retirement investment advice...
PE Drives Multiple Advisory M&A Records in 2025
Aging advisory firm owners are relying on mergers and acquisitions to determine the next phase of their practices.
Private Markets for DC Plans: Evolution or Revolution?
Workers deserve diversified portfolios for their defined contribution plans, according to financial commentator Anne Lester, who identified adding private assets...
Advisory M&A News – 12/1/2025
Wells Fargo adviser team joins Ameriprise Financial; 2 Chicago advisers join Cetera Financial; Cetera acquires 2 former LPL advisers; and...
Three-Quarters of Annuity Owners Confident About Ability to Retire on Time
Nationwide found annuity owners reported higher levels of retirement confidence, but a separate LIMRA study questioned how much clients know.
How Do Advisers Navigate the Convergence of Retirement Planning, Wealth Management?
Although many advisers have embraced the merging of advising and wealth management, some experts warn that smaller accounts could get...