Micro-401(k) Plan Market Ripe for Non-Specialist Adviser Growth
The market for 401(k) plans with less than $5 million in assets is poised to hit 1 million plans by...
News
Alts Manager Ares Raises $2.3B for Life Insurance and Annuity Division
Ares is seeking to capture demand for retirement solutions through its insurer, Aspida Holdings Ltd.
Product & Service Launches – 1/9/25
Payroll Provider Green Leaf launches cannabis industry 401(k); Ibexis Life & Annuity announces new fixed-index annuity series; AllianzIM brings buffer...
Groups Call On Supreme Court to Uphold Cornell University Decision to Stem Frivolous Lawsuits
The Supreme Court will hear a case to resolve a split among circuit courts on whether a plaintiff must argue...
Catching Up With PIMCO’s Personalized Target-Date Funds
The firm continues to pitch its myTDF, a personalized target-date-fund solution in market since 2023, as a way for plan...
DCIIA Announces Executive Committee for 2025-2026
In other news, the Institutional Retirement Income Council named Kreps of Groom Law as chair of its board of directors.
Paychex Acquisition of Paycor Will Expand Client Base
The provider of small business 401(k)s is poised to add 49,000 businesses to its client roster.
2025 PLANADVISER Top Retirement Plan Advisers Entry Period Is Open
Advisers named to the list will be celebrated at the PLANADVISER Industry Leader Awards in May.
401(k) Connector Pontera Partners With Hightower Advisors
The partnership will integrate Pontera’s client 401(k) oversight technology with Hightower’s advisory services.
Pension Income Accounted for $1.5T of US Economic Output in 2022
Private and public sector defined benefit pension fund payments also added $224.3 billion in tax revenue, according to the National...
Miller Starts CFP Board Chair Leadership
The adviser head will oversee initiatives that include a push to bring more women into financial planning and the intelligent...
Retirement Plan Advisors Announces Staff Promotions
Rob Mangano, Tamme Ford, Alex Gault and Sarah McKinzie get elevated roles at the $7 billion plan advisory focused on...
Advisory M&A News – 1/4/25
Indivisible Partners launches as independent advisory firm; Voya Financial completes acquisition of OneAmerica Financial’s retirement plan business; Marsh McLennan Agency...
JP Morgan Bolsters Retirement Unit With Hires From Vestwell, Smart
Josh Forstater of Vestwell has been tapped to expand Morgan’s Everyday 401(k), and Tina Anstett of Smart will lead regulatory...
Some Optional SECURE 2.0 Provisions Seeing Minimal Traction
A majority of plan sponsors are not planning to add options such as emergency sidecar accounts or employer matching to...
Biden Signs Social Security Fairness Act
The law will boost Social Security benefits for nearly 3 million public workers.
Nuts & Bolts: Requests for Proposal
What new plan advisers need to know about RFPs from plan sponsors.
Retirement Industry People Moves – 1/3/25
Adviser Banerjee joins SRP to lead Austin, L.A. teams; Faustino expands role at Broadridge, adds O’Brien of Cerulli; Pension Investors...
Amazon Employees File 401(k) Plan Forfeiture Complaint in Federal Court
The online retail giant joins more than 30 plan sponsors accused of mismanaging participant forfeitures for its own gain.
Crossmark’s Doll Projects Fewer Tailwinds and More ‘Tail Risks’ in 2025
Anticipate slower economic growth, persistent inflation and widening credit spreads, says market forecaster Bob Doll.