Compliance November 27th, 2024 11 Republican AGs Sue BlackRock, State Street, Vanguard in ESG Case The 11 states, led by Texas, allege the asset managers have been undercutting coal companies and driving up electricity prices.
Client Service November 27th, 2024 MEPs and PEPs in the Pooled Marketplace Although pooled employer plans get most of the headlines, multiple employer plans continue to play an important role in the...
Data & Research November 27th, 2024 Retirees Prioritize Community and Affordability in Post-Pandemic Housing Choices Transamerica reveals the shifting priorities of retirees, with many relocating for family, finances or a fresh start.
Products November 27th, 2024 Product and Service Launches – 11/27/24 Strive Makes Direct Indexing available on Fidelity and Schwab platforms; Alera Group deploys TIFIN @Work’s AI-powered platform; Vanguard launches 2...
Data & Research November 27th, 2024 Survey Finds More Parents Willing to Chat With Kids About Finances More Americans say they want to have ‘money talks’ with their families, according to a Fidelity report.
Deals & People November 27th, 2024 Video: Lisa Gomez Discusses Her Exit Strategy The EBSA head discusses the importance of the DOL continuing to do outreach on retirement savings to participants on the...
Compliance November 26th, 2024 Deadline Nears for Plan Sponsors to Sign Attestations for Access to Health Plan Data Employers are responsible for signing attestations to confirm that their health care service providers are not restricting access to plan...
In Practice November 26th, 2024 Mapping State Retirement Programs Georgetown University’s Center for Retirement Initiatives provides a color-coded map of where U.S. state-led retirement programs stand today.
Compliance November 26th, 2024 Great Gray Presses Senators to Allow 403(b) Plans to Use CITs The CIT trust company and two law firms argue against consumer groups seeking to halt a bill that would let...
Compliance November 26th, 2024 SEC Charges Former WAMCO co-CIO With Fraud The SEC alleges Ken Leech engaged in a multi-year scheme to favor some clients over others through a practice known...
Deals & People November 26th, 2024 Trump’s Labor Secretary Pick Has More Health Than Retirement History Oregon representative Lori Chavez-DeRemer also comes with pro-labor record that may give pause to Republican Senators.
Deals & People November 25th, 2024 Cerrado Group Names Theresa Conti Executive Director Conti has rejoined the organization for third-party administrators following the retirement of Ann Slotwinski.
Deals & People November 25th, 2024 Advisory M&A News – 11/25/24 Jared Copinga joins Prime Capital Financial; MAG Wealth Management acquires Ovation Wealth Advisors; Summit Financial secures $420M with 3 minority...
Compliance November 25th, 2024 DOL Releases Informational Copies of 2024 Form 5500s The instruction updates include how to report on pension-linked emergency savings accounts.
Deals & People November 25th, 2024 Trump Picks Union Supporter for Secretary of Labor President-elect Donald Trump announced his intent to nominate Rep. Lori Chavez-DeRemer, an Oregon Republican, to head the Department of Labor.
Compliance November 25th, 2024 Nevada Joins NAIC Best Interest Annuity Rule, Making 48 States Insurance industry groups are championing the move, because the state insurance regulations are one of the arguments against bringing retail...
Compliance November 22nd, 2024 SEC’s $8.2B in Financial Remedies Highest in History Outgoing SEC Chair Gary Gensler oversaw the highest fines figures for the regulator in 2024, though total enforcement actions were...
Data & Research November 22nd, 2024 Dalbar Releases Top 10 Plan Participant Websites The financial services market research firm ranked TIAA, Fidelity and Principal highest among DC portals.
Compliance November 22nd, 2024 Mercer: Trump, New Congress Will Likely Continue Bipartisan Work to Expand 401(k) Coverage Mercer’s policy lead says bipartisan work should continue to expand employer-sponsored retirement plan coverage, but tax treatment of such plans...
Deals & People November 21st, 2024 TPA Strongpoint Partners Acquires Pension Consultancy Karel-Gordon & Associates Illinois-based Karel-Gordon works with financial advisers to create qualified retirement plans.