September Shows Slight Decline in Funding Status for Most DB Plans
The majority of pension consultancies report liabilities edged out strong market results.
News
Why Falling Interest Rates May Help Stable Value’s Play
A stable value proponent explains why the ‘rate of change’ of interest rates is as important as the changes themselves...
Q&A: WIPN’s 3rd President Talks About Formalizing Nonprofit Status
Laura Moskwa reflects on WIPN’s evolution, challenges for women in finance and her vision for the organization’s future growth.
Retirement Industry People Moves – 10/11/24
Hederick joins Prime Capital Financial; Russell Investments hires Heier and Parra; Gallagher adds Adams to retirement plan consulting practice; and...
CFP Board Receives $150,000 Donation for Women’s Scholarship
The donation from Schwab Advisor Services will be used to support the Women’s Initiative Endowed Scholarship.
Q&A: WIPN’s 1st President Discusses Organization’s Origins
WIPN—We Inspire. Promote. Network.—is nearing the completion of its 15th year helping to connect, mentor and advance women in the...
Product & Service Launches – 10/10/24
Arta Finance offers life insurance solutions with Prudential; Corebridge Financial launches a registered index-linked annuity; and The Standard, Family First...
Munnell to Step Down as Head of BC Retirement Research Center
Alicia Munnell founded the center 26 years ago and will remain a senior adviser; Andrew Eschtruth, deputy director, will step...
Social Security Raises Benefit by 2.5% for 2025
The boost is lower than last year because inflation has cooled; meanwhile, the consumer price index rose by 0.2%, slightly...
Fidelity Data Breach Exposed Info of 77,000 Clients
The August hack did not provide direct access to users’ accounting, according to a security breach filing.
Cetera to Acquire $16B RIA From Insurer
For the fourth time in five years, Cetera makes a deal with an insurance and annuity provider—this time Protective Life—to...
Online IRA Rollover Firm PensionBee Enters US Market
Romi Savova, the company’s founder and CEO, sees a consumer market rife for disruption and has a deal with State...
Decline Reported in Financial Inclusion Initiatives
Larger businesses saw significant decreases in financially inclusive measures, according to an annual financial inclusion study by Principal Financial Group.
Asset Managers Exploring Fresh Avenues to Bring Alts Into DC Plans
Per Cerulli, asset managers are leveraging CITs and interval funds to try and get into DC plans; an adviser sees...
Auto-IRAs May Need Better Emergency Withdrawal Comms
A study by Boston College researchers finds state auto-IRA savers may not know how flexible the accounts can be.
Having a Plan Can Help Employees Navigate Open Enrollment
New Corebridge research highlights the positive effect plan advisers and sponsors can have by prompting participants to plan out their...
401(k) Traders Shifting to Fixed Income
There is a ‘rebalancing’ happening after four consecutive quarters of a lean toward equity investing, according to Alight data.
Advisory M&A News – 10/7/24
Hub International acquires Creative Financial Strategies; Mercer Advisors adds two advisory groups; and UBS hires $400 million financial adviser team.
Supreme Court to Review ERISA Prohibited Transactions
A case brought in 2016 against Cornell University will be reviewed for how strictly the courts should read ERISA on...
Who Is Most at Risk for Retirement Savings Shortfall?
Our final PLANADVISER In-Depth story on the state of retirement in the U.S. considers the groups most at risk for...