Younger, Do-It-Yourself Investors Interested in Human Financial Advice
A J.D. Power study finds traditional wealth management firms may be missing out on attracting younger investors.
News
New AssetMark Program Educates Advisers About Succession Planning
The Ascent program offers tailored training and resources to help advisers plan for succession and ensure the continuity of their...
401(k)s Not the Place for Private Equity, Says Johns Hopkins Study
New research, focused on 19 of the 25 largest U.S. private equity-leveraged buyout families, argues private equity is riskier than...
John Hancock Retirement Announces Suite of Adviser-Centric Plan Solutions
The company is committed to being the ‘partner of choice’ for intermediaries, according to Wayne Park, John Hancock’s retirement CEO.
Pension Risk Transfer Just Shy of Record Year in 2024
According to LIMRA, 14 carriers reported more than $1 billion in pension risk transfer sales during 2024.
JPMorgan Sued Over Stable Value Fund in 401(k) Menu
The company was accused of using an in-house stable value investment that underperforms competitors.
Americans Want Support With Tax-Smart Strategies
More than half of those aged at least 55do not understand strategies to make their retirement income more tax efficient,...
Financial Advisers Hone In on Private Infrastructure Investments
Private equity remains the largest private markets investment by far, according to a Hamilton Lane survey.
Access Gaps Remain as State-Facilitated Retirement Plans Near $2B
Nearly half (47%) of U.S. private sector workers still lack access to workplace retirement plans, according to Georgetown University’s Center...
Employees Take Action After Financial Wellness Engagement
Employees experiencing extreme financial stress saw a 60% reduction after engaging with Finfit’s financial wellness tools.
Weak Market Returns Sink Corporate Funding Ratios
Tough markets and rising liabilities resulted in declines in pension funding levels in February.
JPMorgan Sued Over Health Plan’s Generic Drug Costs
The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its...
Retirement Industry People Moves – 3/14/25
New CTO at Carson Group; Mesirow Wealth Management hires Gary Pattengale; Kristin McCarthy named head of product at PCS Retirement;...
Finances a Top Source of Stress for Most Women
With uncertainty and financial anxiety on the rise, there is much opportunity for advisers to help women reach financial goals.
FinTech, AI Tools to Ease Administration and Expand Financial Planning Access
At a recent conference, fintech leaders discussed how artificial intelligence and technology can both improve retirement plan administration and provide...
Deadline for Retirees Taking Their First RMDs is April 1
The IRS rule applies to all traditional IRA owners and most participants in workplace retirement plans.
Product and Service Launches – 3/13/25
Apollo, Athene and Motive Partners purchase a guaranteed income provider; Capital Group launches 8 model ETF portfolios; Lane42 Investment Partners...
Edward Jones Launches Private Client Services for High-Net-Worth Clients
The company’s Generations program targets clients with at least $10 million in investable assets.
Milken Institute Research Explores Federal Accounts for Newborns
The “Invest in America” accounts would provide all U.S. children with a federal government-funded $1,000 grant to be invested and...
CFA Institute Renames Certificate in ESG Investing
According to the CFA Institute, the curriculum underpinning the certificate will continue to cover ‘the wide variety of factors within...