Managers See Stocks Buoyed by Stimulus
They warn that there could be a market pullback when second-quarter earnings start being reported and that the coronavirus’ legacy...
News
Investment Product and Service Launches
RobustWealth launches adviser-centered solution; Franklin Templeton adds fixed-income ETF offering; OneAmerica releases RetirementTrack target-date series; and more.
A Bad Time to Stretch for Yield
We were already in a new normal of very low interest rates before the coronavirus pandemic struck. It now seems...
Many Retirement Plan Contracts Delayed by COVID-19
Sales of new plans are expected to decline throughout the rest of 2020, with small plans affected the most.
Graystone Consulting to Offer RiskFirst Investment Solution
The partnership is said to improve the integration of pension actuarial and liability analytics into Graystone Consulting’s investment advice.
Democratic Senators Challenge DOL’s Proposed ESG Restrictions
The lawmakers say environmental, social and governance-focused investing allows retirement savers to support long-term change by building a system that rewards and values inclusion and diversity in corporate...
Latest 401(k) Excessive Fee Suit Targets Matthews International
Though similar to other lawsuits, arguments about excessive recordkeeping fees are featured early and prominently in the complaint and strongly criticize the recordkeeper, even though it is not...
ADP Creates Simpler Form 5500 Compliance Reporting
The firm is introducing a simplified Form 5500 compliance reporting process, marking the second phase of its compliance dashboard enhancement effort.
15th Anniversary of RPAY: Steve Wilt
Steve Wilt, member of the PLANSPONSOR Retirement Plan Team of the Year in 2007, now works at CAPTRUST. He says...
Infosys to Assume Operations for Vanguard DC Recordkeeping Business
Vanguard says the partnership enables it to modernize its core recordkeeping platform and move faster on redesigning its participant experience.
Prepare to Meet the Needs of the Workforce of the Future
The way in which companies structure their remotely distributed workforces will depend on the financial consequences of the pandemic, the...
Alliance Partners with iJoin for 401(k) and 403(b) Offering
Advisers can view information across all plans, compare plan performance against industry benchmarks and review individual plan or participant-level data.
Alight to Offer Retirement Clearinghouse Auto Portability Solution
The RCH Auto Portability service automates the consolidation process for small retirement account cash-outs.
M&A Activity Rebounded Late in Q2
Fidelity finds June’s merger and acquisition activity represented over four-times more assets than the deals completed throughout March, April and May.
Judge Refuses to Dismiss Goldman Sachs Self-Dealing Suit
A federal judge said a participant in the firm's 401(k) plan sufficiently plead imprudence and disloyalty.
15th Anniversary of RPAY: Chad Larson
2007 PLANSPONSOR Plan Adviser of the Year Chad Larsen remained independent until last September, when HUB International acquired his firm....
TRA Partners with RLC on Adviser Support Suite
The alliance will allow advisers to have an ‘end-to-end’ process for retirement advice and design solutions.
Retirement Industry People Moves
Aegon Asset Management names consultant relations leader; Pentegra announces new additions to sales force; ISS ESG selects global research leader;...
Wawa ERISA Settlement Valued at Nearly $22M
The basic contention of the lawsuit was that the company acted in a manner contrary to ERISA’s fiduciary requirements when it forced terminated employees to liquidate company stock...
Investment Product and Service Launches
Iron Financial approves Stadion managed account on Nationwide platform; ISS ESG expands Solactive index series; and more.