Product and Service Launches – 1/23/25

Capital Group expands access to ICanRetire for small businesses; John Hancock Investment Management launches alternatives offering; Cetera Partners, TIFIN AG offer share-of-wallet opportunities.

Capital Group Expands Access to ICanRetire for Small Businesses

The Capital Client Group Inc. has announced that ICanRetire, its employee engagement program, will now be available for financial advisers to offer to small business owners.

Advisers can offer ICanRetire program alongside PlanPremier, a 401(k) plan solution with bundled plan administration or the option to collaborate with a third-party administrator and access to American Funds and other investment managers, or RecordkeeperDirect, a 401(k) plan solution designed for start-ups and smaller businesses with the flexibility to select a third-party administrator.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

According to Capital Group, the ICanRetire program can complement either offering to help improve participant outcomes and increase contributions at no additional cost to the financial adviser or the small business owner.

“Simplifying the process is key—both advisers and participants want an easy button,” Dana McCollum, president of retirement plan services at Capital Group, said in a statement. “By seamlessly integrating ICanRetire with Capital Group’s small business retirement plan solutions, advisers gain a powerful tool to attract new business and help accelerate plan growth through increased participation and deferral rates.”

John Hancock Investment Management Launches Alternatives Offering

John Hancock Investment Management, a company of Manulife Wealth and Asset Management, has launched the John Hancock CQS Asset Backed Securities Fund with its affiliated investment manager CQS Investment Management, a London-based multi-sector alternative credit specialist.

The fund’s investment objective is to generate a return comprised of both current income and capital appreciation. The CQS team looks to access diversified and steady sources of income in an actively managed portfolio of asset-backed securities such as residential and commercial mortgages, bank regulatory capital and collateralized loan obligations.

In pursuit of the fund’s objective, the portfolio managers seek to achieve risk-adjusted returns by investing in ABS subsectors that have exhibited low correlations to credit and equity markets.

“We’re thrilled to announce the launch of our second fund in collaboration with Manulife | CQS Investment Management,” Kristie Feinberg, head of U.S. and Europe at Manulife Investment Management, and John Hancock Investment Management’s president and CEO, said in a statement.

Cetera Partners, TIFIN AG Offer Share-of-Wallet Opportunities

Cetera Financial Group has partnered with TIFIN AG, a provider of AI-powered solutions, to expand Cetera’s share-of-wallet tools and resources for Cetera advisers and financial institutions.

“Increasingly, clients are diversifying assets across multiple firms, so it’s especially vital now that financial advisers and institutions have tools and resources designed to maximize complex share-of-wallet strategies,” Michael Zuna, chief marketing and communications officer at Cetera, said in a statement.

Zuna said the solution is designed to address share-of-wallet challenges by identifying client behaviors that influence their asset allocation decisions.

TIFIN AG’s technology identifies growth opportunities, flagging at-risk clients and improving client conversion. According to Cetera, these insights help financial professionals retain their existing client base and expand their share of investable assets.

«