Products & Services August 20th, 2024 Voya Tops $100B In Multiple Employer Assets Announcement comes shortly after Voya bulked up its MEP sales team.
Client Service August 20th, 2024 Commonwealth Gets $7M JPMorgan Funding for Low-Income Worker Program The nonprofit will use the funds to launch an initiative to enhance access to workplace financial benefits to low- and moderate-...
Compliance August 20th, 2024 Nordstrom Suit, HP Revival Add to 401(k) Forfeiture Cases A Wagner Law Group attorney says plan sponsors should review their plan documents, as Nordstrom is the latest employer challenged...
Products & Services August 20th, 2024 Guideline Hits $15B in AUA on Philosophy of Simplicity, Low Fees Co-founder and CEO Kevin Busque details the past and present of Guideline as he seeks to keep an early promise...
Compliance August 19th, 2024 Interim IRS Guidance Published on Student Loan Matching Payments The program, created in SECURE 2.0, addresses student loans, which are considered a significant impediment to retirement savings.
Compliance August 19th, 2024 Judge Grants Class Status in Genworth, BlackRock TDF Suit The plaintiffs invested in BlackRock’s LifePath Index Funds get a rare win when compared to similar 401(k) complaint proceedings.
Deals & People August 19th, 2024 Advisory M&A News – 8/19/24 NewEdge Wealth grows RIA footprint; Summit Trail adds 10th advisory office to national network; Avantax brings on adviser with $60M...
Client Service August 19th, 2024 Fidelity Reports 81% Plan Sponsor Satisfaction With Advisers Survey results emphasize the importance of DC plan advisers in driving plan satisfaction and activity, according to Fidelity.
Compliance August 16th, 2024 IRS Launches Public-Private Committee to Guard Against Tax Scams About 60 private sector companies and groups join the IRS to combat a rise in tax scams ahead of next...
Deals & People August 16th, 2024 Retirement Industry People Moves – 8/16/24 World Investment Advisors hires CFO; The Standard hires Daniel Kretz as retirement plans VP for Maryland and D.C.; Mercer promotes...
Products & Services August 15th, 2024 Product & Service Launches – 8/15/24 SEI launches direct indexing investment strategies; small business retirement plan provider Ubiquity teams with bookkeeping firm Bench Accounting; Franklin Templeton...
Products & Services August 15th, 2024 JP Morgan Launches TDF With Guaranteed Income Annuity The asset manager joins other large financial firms targeting the market for pension-like retirement saving in DC plans.
Practice Management August 15th, 2024 Participants Have Plan Distribution Options During Hurricane Season With tropical storm season causing extensive damage, it’s a good time to ensure plan participants know they can take out special disaster...
Compliance August 15th, 2024 SEC Fines 26 Firms for Off-Channel Client Comms Violations The regulator continues a push to crack down on the tracking and use of ‘off-channel’ client communication, such as texting.
Compliance August 15th, 2024 Missouri Court Strikes Down Anti-ESG Rules A district court judge put a permanent injunction on rules that required advisers to disclose any time they made decisions...