OneDigital Bolsters Wealth, Retirement Plan Advisement in Western US
The aggregator pens its 18th acquisition in 2024 by bringing on $1.6 billion ASI Wealth Management.
News
Bill to Allow CITs in 403(b) Plans Introduced in Senate
The introduction of the bill comes after a similar proposal was passed by the House of Representatives on March 8.
Product & Service Launches – 8/1/24
Morgan Stanley at Work launches new digital experience for benefits participants; Alight releases the latest version of its employee experience...
Major 401(k) Litigators Are ‘Back in Action,’ With More Entering the Fray
After a lull in filings last year, 2024 is seeing an uptick, including from law firms not previously active in...
Top Advisers: Diligence About 401(k) Plan Litigation as Crucial as Ever
Plan advisers share their expertise on what types of plans are most at risk for 401(k) litigation and how they...
Are District Court Rulings the ‘Final End’ For DOL’s Fiduciary Rule?
Two federal courts in Texas halted the DOL’s new fiduciary rule. An appeal is likely, but ERISA experts say Congress...
Financial Planning Association Names Carol Anderson Annual Award Winner
Founder and VP of Money Quotient named winner of the 2024 P. Kemp Fain, Jr., Award given to a financial...
Wealth Manager Carnegie Bolsters Qualified Retirement Plan Team
Plan adviser Wendy Eldridge joins from Marcum Wealth to connect wealth and retirement plan practices.
Franklin Templeton, Pacific Life Join In-Plan Lifetime Income Push
A new defined contribution managed account offers participants a chance to invest in a deferred fixed-income annuity.
Morningstar: 45% of Americans Will Run Short of Funds if Retiring at 65
A new retirement savings simulation tool by the financial services firm signals widespread retirement shortage.
Retiree Health Care Costs Continue Rising, Milliman Finds
Health status, location and age at retirement all affect how much a retiree can expect to spend on health care...
Budget Scoring Methods Could Lead to More Complicated Roth Policies
More tricky Roth provisions could be inserted into retirement plan legislation, as long as budget incentives continue to drive policy...
Workplace Advice Use Trending Up, But Age, Assets Matter
Data from Hearts & Wallets found that more middle-asset, middle-aged households are turning to the workplace for financial guidance, but...
CAPTRUST Tops $1T in Total Assets
CEO and Co-Founder Fielding Miller attributes part of growth to being one of the first 401(k) advisories: ‘We didn’t expect...
Lifetime Income Design Firm ARS Elevates Paulsen to CEO
The former head of distribution will lead the retirement income design company that has partnered with State Street on an...
MissionSquare Retirement Appoints New CEO and President
Andre Robinson will succeed Deanna Santana, who served as acting CEO and president since 2023.
Video: Jim O’Shaughnessy Talks Origins of the Kohler Conference
PLANADVISER talks with this year’s individual Vision Awards winner about the retirement conference at the front of a trend of...
Advisory M&A News – 7/29/24
Cetera adds Southshore Wealth Management to Summit Financial Networks; Waverly Advisors acquires River Capital Advisors; Brad Morgan joins Savvy Advisors.
Second US District Court Issues Stay of Retirement Security Rule
The Northern District of Texas quickly followed the Eastern by staying the Department of Labor’s fiduciary rule ahead of its...
Video: Lew Minsky Discusses DCIIA’s Past, Present and Future
PLANADVISER talks with this year’s organizational Vision Awards winner about DCIIA’s work to take on the biggest challenges in the...