A $500 Step Towards Financial Wellness
The nonprofit financial wellness provider SaverLife has teamed up with the KFC Foundation to meet the straightforward but ambitious goal of ensuring KFC workers can amass $500 in emergency savings.
New Bill Would Change Saver’s Credit to Government Match
The Encouraging Americans to Save Act would expand the saver’s tax credit and add a COVID-19 recovery bonus for middle- to low-income workers.
Remembering Senator Enzi’s Work for Retirement Plans
He was instrumental in finalizing the provisions of the Pension Protection Act of 2006, and several items he pushed for made it into the SECURE Act.
SEC Charges 27 Firms for Failing to File and Deliver Form CRS
All firms involved have agreed to settle the allegations that they missed regulatory deadlines for the customer relationship summaries.
The Art of Comparing TDF and Balanced Fund Performance
Seeing the Bigger QDIA Picture
Scrutinizing TDFs and Considering Balanced Funds
DOL Promises Final Rule on Lifetime Income Illustrations As Soon As Practicable
The agency clears up timing questions in a FAQs document and says it realizes the concerns about timing if its final rule differs from its previously published interim final rule.
401(a) Plan Sponsor’s Use of Asset Allocation Solution Challenged in Lawsuit
The suit says the solution directed participant contributions into high-cost investments.
Antitrust Concerns Scuttle Aon-Willis Merger Proposal
Despite winning regulatory approval of the combination from the European Commission, Aon and Willis Towers Watson have reached an impasse with the U.S. Department of Justice, says Aon CEO Greg Case.
The Future of Health Care—and What It Means for Retirement Planning
As health care costs rise, there is more overlap than ever between health decisions and financial decisions. So much is obvious to forward-thinking financial advisers, but what is less clear is where health care itself is heading in the 21st century.
Retirement Industry People Moves
Dakota Wealth Management acquires Persimmon Capital Management; Evercore Wealth Management selects new wealth and fiduciary adviser; ISIAH International partners with Hub International and Forest Capital Management; and more.
Women’s Retirement Protection Act Reintroduced in Congress
Democratic lawmakers in the House and Senate say the bill is needed to help address longstanding retirement insecurity issues—and to address some of the negative impacts of the pandemic.
Efforts to Boost Americans’ Retirement Savings Continue at Full Speed
Congressional leaders and asset management executives say they are committing to furthering legislation to expand coverage and boost savings
Investment Product and Service Launches
CUNA Mutual Group issues new annuity with Members Life; Lincoln Financial Group Partners with YourPath; and Allianz Life launches income and annuity solution.