Product & Service Launches – 4/4/24
Voya expands NQDC offering for smaller employers; Fidelity Investments bolsters financial education; IRALogix partners with Benartzi’s PensionPlus; and more.
News
Intellicents’ Budd On Financial Planning As the Next Workplace Benefit
Intellicents’ recently named retirement services president, Brandon Budd, says the firm is focused on low-cost, participant financial planning services as...
Product Partnerships – 4/3/24
AdvisorEngine, Franklin Templeton unveil wealth management platform; Elements partners with XYPN to enhance financial planning; Luma Financial Technologies announces collaboration...
DoorDash Pilots Portable Benefits Savings Program for Pennsylvania Dashers
The test program, which includes a retirement savings option, will run from April through September.
Definiti Launches Adviser-Focused Program
The third-party administrator announced a program for account managers to work with ‘elite’ advisers on retirement plan books of business.
DOL Extends Time for SECURE 2.0 Reporting, Disclosure Comments
The DOL’s EBSA will take public comments for an additional 30 days.
Alera Group Leaning Into Small Market, Startup Plan Creation
The retirement advisory announced enhancements to its PEP with the Standard, along with a small market partnership with Vestwell and...
DOL Creates More Ways for QPAMs to Be Disqualified
The rule adds kinds of misconduct that could result in disqualification and requires managers to also indemnify their clients if...
OneDigital, Creative Planning Announce Texas Acquisitions
Both firms made additions to expand their respective retirement plan and wealth management footprints in the state.
‘Magic Number’ for Retirement Hits All-Time High
Northwestern Mutual finds Americans now target $1.46 million for retirement, while a separate Lincoln Financial study shows inflation as consumers’...
Chamber of Commerce, ERIC Ask DOL for Modifications to Auto-Portability Proposal
Lobby groups asked the Department of Labor to remove the requirement that plans must appoint an official to monitor portability...
Vanguard Surpasses BlackRock for Top Spot in Asset Management Brand Ranking
The Broadridge Fund Brand 50 report shows the influence of brand on third-party fund selection.
Tackling Cumbersome ‘Bac(k)’ Office Tasks
Former recordkeeper executive Shane Hanson launches Freedom 360 suite aimed at streamlining retirement services and boosting participant engagement.
Father of the 401(k) Is Planting a New Workplace Savings Idea
Ted Benna has designed a new tax-advantaged workplace incentive program in which workers automatically earn ‘grains of wheat’ that can...
DEI Efforts Help Industry Serve Shifting Demographics, Client Needs
Experts say diverse teams can help improve client service and business needs.
Moving the Needle on DEI in Financial Services
Mitigating the wealth gap and recruiting diverse talent go hand in hand when promoting inclusion in the retirement advisory industry.
WIPN Connects Women in Retirement Sector With Male Sponsors
The retirement group launched an ally program after finding that active connections and recommendations had a bigger impact on women’s...
IRA Rollovers Set to Grow, but by How Much?
Experts expect the IRA asset pool of more than $12 trillion to increase from rollovers, but the shift may be...
Retirement Industry People Moves – 3/29/24
Nicolet National Bank brings on new wealth, private client services head; Standard appoints new corporate actuary and chief risk officer;...
SEC Requires Internet Advisers to Be 100% Online
In order to register using the internet adviser exception, advisers must provide all their services through a website and not...