Products December 7th, 2023 Product & Service Launches – 12/7/23 Vanguard expands ETF lineup with 2 active bond ETFs; Mutual of America Capital Management expands MoA Funds availability; DFPG Investments...
Compliance December 7th, 2023 Congress Publishes SECURE 2.0 Corrections Draft Legislation The bill would correct errors related to catch-ups, RMDs and Starter Plans.
Products December 7th, 2023 Voya Launches Financial, Health Dashboard The data-driven personalization of the experience is intended to add to Voya’s employee wellness offerings.
Data & Research December 7th, 2023 401(k) Loans, Hardship Withdrawals at 2-Year High Both loans and hardship withdrawals have increased to the highest rate since the pandemic, according to Empower’s annual retirement study.
Deals & People December 7th, 2023 Pontera Snags $60M Investment The capital from Iconiq Growth brings the 401(k) advisory management provider’s total funding to $160 million.
Compliance December 6th, 2023 Proposed Bill Would Revoke Pensions for Expelled Congressional Reps New legislation would disqualify George Santos—and others expelled from Congress—from a pension.
Data & Research December 6th, 2023 Why Small 401(k) Plans Should Remain Wary of Hidden Fees Advisers should identify key fee drivers to protect participant outcomes, particularly for plans of less than $1 billion.
Data & Research December 6th, 2023 Young Investors Tend to Fall for Online Financial Misinformation Surveys also indicate they would trust financial professionals more if the advisers leveraged AI-generated advice.
Deals & People December 6th, 2023 Insurer Alliant Expands Retirement Plan Footprint Alliant acquires Connecticut-based retirement plan consultancy and TPA as part of its ‘selective’ retirement acquisition strategy.
Data & Research December 6th, 2023 Financial Advisers Plan to Increase Alt Exposure in ’24 An annual CAIS-Mercer study finds bullishness for alts, though adding them to workplace retirement plans will take finesse, according to...
Compliance December 5th, 2023 Inspector General Report Calls for Greater EBSA Authority The report argues that EBSA should have more authority over the Federal Thrift Plan and resources to conduct audits.
Data & Research December 5th, 2023 Americans Remain More Wary of Inflation Than Retirement Shortfall Fears about both inflation risk and retirement income remain elevated, per annuities and insurance provider F&G.
Deals & People December 5th, 2023 Mercer to Acquire Vanguard’s US OCIO Division Mercer will add to its not-for-profit outsourced investments and retirement consulting capabilities.
Data & Research December 5th, 2023 Passive Mutual Fund Assets to Surpass Active in ’24 Passive is taking a lead, particularly in qualified retirement plans, but active advisers are making inroads in other areas, according...
Compliance December 4th, 2023 NASAA Proposal of Best Adviser Practices Receives Pushback Critics say the proposal recommended to states goes beyond the SEC’s Reg BI and endangers annuity products and educational materials.