Humans, Not AI, Trusted by Participants With Financial Tasks
Nearly half of respondents in a Northwestern Mutual survey preferred financial advisers who understood and used artificial intelligence, but most...
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Most Older Workers Rethinking Retirement Amid Rising Financial Anxiety
Surveys from F&G and Equitable reveal that inflation, economic uncertainty and a lack of financial guidance are prompting many pre-retirees...
Law Firms McDermott Will & Emery and Schulte Roth & Zabel Merge
The newly formed firm will have more than 1,750 attorneys in more than 20 offices.
RightCapital Launches Tool to Build Individual Financial Plans
Using ‘minimal data’ from clients, RightExpress builds specialized financial plans for advisers.
Lawsuit Against Siemens Over Forfeiture Use Dismissed
The complaint, filed last year, alleged Siemens violated ERISA by using forfeitures “in its own interest,” rather than in the...
Texas Securities Board Issues Guidance on Use of Data Aggregation Services by Investment Advisers
Pontera lauded the decision for ‘providing clear guidance that prioritizes investor choice and protections.’
Federal Bill Pushes for AI ‘Experiments’ at SEC
A congressional bill introduced last week would allow financial regulatory agencies to experiment with artificial intelligence without the ‘expectation of...
US Households With $5M to $10M Prefer Multi-Firm Approach
These households, which have increased in the last two years, also reported feeling ‘very experienced’ at investing.
Cuts to Social Security Administration Closes NBER Retirement and Disability Research Center
The cuts will affect retirement research at several institutions, including: the University of Wisconsin-Madison, Boston College, the National Bureau of...
Trump’s Crypto Working Group Wants Agency Guidance to Increase Digital Asset Adoption
The task force, established by a January executive order, made proposals related to several digital finance issues.
Human Interest to Receive up to $50M Investment From Morgan Stanley
Morgan Stanley’s investment will help fund development of an “amplified” version of PartnerConnect that will be released during the year’s...
Retirement Industry Deals and People Moves- 8/1/2025
Voya Investment Management expands distribution and wealth solutions sales teams; ISC Group welcomes Poplarski as senior vice president of retirement...
HSAs Continue to Gain Steam, Top $146B in Assets
Health savings account adoption spans socioeconomic spectrum, according to a survey from the Devenir Group.
Independent RIAs to Increase by 12% by 2028
Over the next three years, independent registered investment advisers will be the fastest-growing portion of the advisory landscape, according to...
Medicare Awareness Is Crucial Missing Piece in Retirement Planning
Working seniors need professional advice when making coverage decisions, but only 21% of retirees with advisers receive health care planning,...
2025 Top Retirement Plan Adviser: Sean Kelly
Thoughts from Sean Kelly, with Heffernan Financial Services.
2025 Top Retirement Plan Adviser: Shane Hanson
Thoughts from Shane Hanson, with Freedom Fiduciaries.
Long-Term Care’s Unexpected Costs and Their Effect on Retirement Security
About 80% of 65-year-olds will need some form of long-term care, according to the Center for Retirement Research at Boston...
IRI Says DOL Proposal Could Disrupt Annuity Inclusion in Retirement Plans
The Insured Retirement Institute filed comments urging the Department of Labor not to withdraw a longstanding safe harbor regulation.
Interest Accrual for SAVE Plan Loans Resumes
The change to the student loan debt relief program used by 7.7 million borrowers is effective August 1, according to...