EFE Sees Managed Account Assets Hit $210B
The managed account provider for 45% of the market also notes improved user engagement.
Products
Product Partnerships – 2/7/24
Pacific Life annuity available on Fidelity participant platform; Steward Partners adds Pontera 401(k) management services; Elements partners on free client...
Vanguard Targets ‘Max Savers’ With New Financial Wellness Tool
The firm’s Retirement Savings Maximizer provides guidance toward additional tax-advantaged options if a saver is projected to hit the maximum...
PGIM Unveils Retirement Confidence Index
The RetireWell Confidence Index ranks worker responses on a scale of six confidence levels.
Product & Service Launches – 2/1/24
Nuveen collaborates with Morningstar to offer TIAA annuity; Savvy Wealth announces proprietary investment management program; Max Life launches Smart Wealth...
Ascensus, American Funds Launch Partnered PEP
Ascensus will administer the PEP with American Funds TDFs, leveraging both firms’ distribution networks with advisers and plan sponsors.
Managed Accounts: Past & Present
The more personalized investing options for retirement plans have been around for two decades. Will they finally take off?
Are Managed Accounts Good for Less Wealthy Retirees?
Industry experts discuss the benefits and disadvantages of managed accounts for those near or in retirement who may not be...
Managed Accounts, By the Numbers
PLANSPONSOR’s latest plan sponsor research reveals how managed accounts are being used—or not—on the ground.
3 Cs Give Many Plan Sponsors Pause on In-Plan Retirement Income
A Greenwald study finds plan sponsors often in favor of retirement income, but seeking solves for complexity, cost and choice.
Fidelity Goes National With 401(k)-to-Income Annuity Offering
Fidelity’s Guaranteed Income Direct gives participants the option of converting some or all of their retirement savings into a monthly...
Product & Service Launches – 1/18/24
Morningstar, iCapital expand access to alts; Manulife announces longevity innovation challenge with World Economic Forum’s UpLink; Nassau Financial Group launches...
TIAA Partners With Hip-Hop Star Wyclef Jean on Track to Spotlight Retirement Gap
All funds from ‘Paper Right’ will go to charity FGI, focused on providing financial literacy to underserved students.
Product & Service Launches – 1/11/24
UAW Members at GM, Stellantis to gain access to Hueler lifetime income solutions; Franklin Templeton, Valkyrie, WisdomTree launch bitcoin ETFs;...
Product Partnerships – 1/10/24
NIPA, WIPN enhance professional development, networking opportunities; FusionIQ announces partnership with Kinecta Federal Credit Union; Ameritas and Ethos launch Index...
Product & Services Launches – 1/4/23
PGIM launches 2 buffer ETF series; Federated Hermes launches total return bond ETF; and SoFi offers 2% match on IRA...
TIFIN, Franklin Templeton Launch Financial Wellness Solution
Artificial intelligence-powered TIFIN @Work offers advice to help employees improve financial outcomes.
Product & Service Launches – 12/28/23
Victory Capital adds VictoryShares Small Cap Free Cash Flow ETF; Alpha Blue Capital Management LP enters Active ETF Space; KKR Income...
Product & Service Launches – 12/21/23
Morgan Stanley at Work unveils technology enhancements; John Hancock Investment Management launches active international equity ETF; PGIM releases 4 active...
Product Partnerships – 12/20/23
Transamerica selected as recordkeeper for Gallagher’s 401(k) choice pooled solutions; Prospera unveils enhanced tech stack; BPAS partners with SS&C automatic...