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Friday, November 08, 2024
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Data & Research
Morningstar Researchers Weigh In on Hypothetical Federal Retirement Plan
PA - 110724 - RSAA Hypothetical
Researchers with the financial services firm conclude that a proposed act to expand retirement savings access would ultimately reduce retirement savings for the majority.
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Empower’s Q3 Earnings Surge 35% Year-Over-Year to Record Highs
The company saw growth across both its retirement plan and recently revamped wealth management divisions.
Today’s Most Read
1. Nearly Half of Retirees Have No Formal Decumulation Strategy
2. Firefighter Pension Complaint Alleges Insider Trading by United Health Execs, Including Slain CEO
3. 401(k)s and the Courts in 2025
Voya Remains on Track for OneAmerica Retirement Integration in 2025
The firm’s head of wealth distribution and client engagement says plan sponsor client migration would likely start in 2025 and play out into 2026.
Product & Service Launches – 11/7/24
Pontera offers access to Envestnet’s BillFin solution; Axos Clearing, Envestnet partner to deliver managed account solutions; Jackson increases access to RILA product through distribution partnership with JPMorganChase; and more.
Cetera Financial CEO Antoniades to Retire, Replaced by Durbin
Mike Durbin, who left Fidelity Institutional to become head of Cetera’s parent organization, will now take over, while Antoniades will remain on Cetera’s board.
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