Social Security Administration Changes Course on Plans to End Phone Services
The agency announced that all claim types can be completed over the phone once again, after receiving backlash from retiree...
News
Product and Service Launches – 4/10/25
Yieldstreet to launch automated private markets investing solution; Fidelity adds two fixed income ETFs; Lazard Asset Management introduces three active ETFs...
Understanding and Evaluating Retirement Income Solutions
With retirement income products increasing in popularity, plan fiduciaries must select appropriate options to offer to workers from a growing...
Chime Introduces Financial Wellness Suite
The Chime Workplace platform allows employees to build emergency savings through a high-yield savings account, as well as build credit...
Senate Confirms Paul Atkins as SEC Chairman
The founder and chief executive of Washington, D.C.-based consultancy Patomak Global Partners was also an SEC commissioner under President George...
Former Acting Labor Secretary Su Outlines “Risks” From a Weakened DOL Under Trump
In a commentary last week, Julie Su opined about “nightmares that could become the norm in a country without a...
Milken Institute Supports Steps to Increase Adoption of In-Plan Lifetime Income Solutions
The think tank says three things would expand access: labeling in-plan lifetime income solutions as distinct asset classes, refining safe...
Envestnet Announces Model Portfolios, Direct Indexing Offerings
The company intends both offerings, in partnerships with BlackRock and State Street Global Advisors, to help advisers expand offerings.
John Hancock Adds Manulife Name to Investment and Retirement Brands
The U.S. insurance business brand will continue to operate as John Hancock.
DOL Provides Guidance About DB Funding Notice Requirements
In Field Assistance Bulletin 2025-02, the regulator addressed confusion resulting from ERISA-related questions that arose after passage of the SECURE...
Janus Henderson and Guardian Life Announce Strategic Partnership
Guardian Life’s internal fixed-income investment staff will join Janus Henderson, which will now manage the insurer’s $45 billion investment-grade fixed-income...
US Recession Talks Get Louder
A range of banks and broker/dealers have raised the specter of a U.S. recession as the April 9 tariff deadline...
Broadridge Introduces Global Digital Assets Solutions
The company created its Digital Asset Solutions to support the growing demand for disclosure and governance solutions for cryptocurrency and...
Senate Bill Seeks to Reverse Retirement Plan Crypto Warning
Introduced by Senator Tommy Tuberville, R-Alabama, the Financial Freedom Act would reverse the Department of Labor’s guidance against including cryptocurrency...
First Quarter of 2025 Sees High 401(k) Participant Trading Activity
Alight Solutions found high levels of trading in retirement plans in the first quarter of this year, as 0.77% of...
Cetera Introduces Emergency Planning and Communications Kit for Advisers
The company’s E-PACK kit offers templates for disaster preparedness and business continuity to help financial professionals safeguard their practices and...
Understanding the Consolidated Appropriations Act of 2021
On a recent webinar, experts spoke about the requirements for plan sponsors and health plan fiduciaries to closely monitor the...
Investment Strategists Predict Which Sectors Will Perform in a Trade War
While cars, tech and retail are expected to be hit hard, healthcare and other service-oriented sectors are likely to fare...
Retirement Industry People Moves – 4/4/25
Allspring Global Investments to get new CEO; Wellington Management names head of US wealth; WTW makes Health, Wealth & Career...
Elimination of ACA Tax Credits Could Cause Millions to Lose Health Coverage
In an attempt to reform the ACA, the administration of President Donald Trump on March 10, amended regulations governing insurance...