Bill for CITs in 403(b) Plans Backed by 30 Retirement CEOs
The industry leaders urged the Senate committee to prioritize and approve the legislation, as Congress approaches its August recess and...
News
401(k) Participants Pay ‘Wrong’ Debts First, per Vanguard
The best retirement outcomes result from participants paying down higher-interest debt and maximizing their employer matches, according to a recent...
AI Product & Service Launches – 7/13/2026
Voya Partners expands SinglepointAI partnership; Amplify launches custody solutions for RIAs; First Recon AI rolls out security platform; and more.
Recordkeepers Prioritize PEPs to Spur Growth
Nearly 60% already recordkeep the increasingly popular pooled plans, with an additional 17% planning to do so within the next...
DOL, American Benefits Council Back Intel in ERISA Case
Amicus briefs by the Department of Labor and the employer group warned the Supreme Court to not allow lawsuits under...
Clients Want Advisers Who Know Estate Planning, per Survey
More than half of surveyed clients expected their financial adviser to offer estate planning.
Retirement Industry People Moves – 7/10/2026
Lido Advisors appoints Dan Marquis as CFO; IRALogix hires Lisa Matthews as VP of fraud and risk; Cerity Partners hires...
Delaware Lawmakers Approve Auto-Enrollment for State 457(b) Plan
Fifteen states now have some automatic enrollment of public sector employees, but nearly half of US states prohibit it.
AI Adoption Brings Client, Adviser Returns, per Studies
Nearly 70% of advisers believe artificial intelligence has had a positive effect on their industry, according to Edward Jones.
Most Women Lack Confidence in Managing Finances, per RIA Survey
Only 31% of surveyed women felt highly confident taking control of savings and assets, according to Beacon Pointe Advisors.
EBRI: Financial Capability Linked With Workplace Financial Education Programs
Even when controlling for demographic variables, positive relationships remain, according to data from a joint study.
Product & Service Launches – 7/9/2026
Vanguard offers adviser framework to Envestnet; BlackRock Aladdin expands private markets benchmarks, indexes; Bloomberg provides pre-trade analysis API; and more.
Russell Investments to Be Sold to B Capital, CalPERS
The venture capital firm, California’s public pension fund and other investors are reportedly paying $2.8 billion for the asset manager.
Goldman Sachs Becomes OCIO for $70B From Verizon, Lockheed Martin
This comes amid a wave of plan sponsors opting to outsource the investment management of their pension plans.
DOL Inspector General Calls for Stronger Oversight of Confidential Information
The investigation into common interest agreements resulted in recommendations for 3 agencies.
What Advisers Look for in Wholesalers
Fuse Research Network found that 61% of surveyed advisers most valued strong investment knowledge.
Prudential Adopts Hueler Income Solutions for 401(k) Plan
Participants can select income features and turn a portion of their retirement savings into an annuity contract.
Advisory M&A News – 7/8/2026
Principal acquires benefits company; LPL Financial hires 2 advisers in separate transactions; Retirement and Wealth at Alliant buys Retirement Solution...
Annuities Reduce Retirees’ Financial Stress, Academic Paper Finds
Fewer financial worries and increased longevity were among the benefits reported by Chilean retirees surveyed about guaranteed income.
Intel Urges SCOTUS to Use ‘Apples-to-Apples’ Benchmark in ERISA Case
The company argues that claims of underperformance should be judged against a meaningful, comparable benchmark.