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Bringing AI to Practice Management
Firms seek to solve bottlenecks and streamline opportunities by leveraging the power of artificial intelligence.
DOL Announces Intentions to Craft New ESG Retirement Investing Rule
In April the department stated it was considering rescinding the 2022 ESG rule and asked the 5th Circuit to pause its consideration of an appeal of a lower...
Moving Toward AI, Both Ethically and Responsibly
As AI is integrated into financial services, the industry must grapple with how to review and manage oversight.
Most Americans Still Skip Basic Cyber Protections
According to a survey by digital security company Iris, 91% of Americans worry about AI threats to their personal data, Iris survey reveals
DOL Rescinds 2022 Cryptocurrency Guidance for 401(k) Plans
The 2022 compliance assistance bulletin told plan fiduciaries to exercise ‘extreme care’ before adding a cryptocurrency option to a 401(k) plan’s investment menu.
House Bill Aims to Increase Oversight of Federal Retirement Thrift Investment Board
The legislation would establish an independent inspector general for the agency that administers the retirement plan for more than 7 million federal employees.
Retirement Industry People Moves – 5/23/2025
TIAA expands its retirement product team; Mutual of America names a CFO; FINRA appoints a new public governor; and more.
Embracing AI to More Efficiently Process Retirement Plan Documents
Artificial intelligence seems to be everywhere, with seemingly endless applications. However, many in the retirement plan industry are still figuring out how to integrate it into their workflow.In...
Economic Anxiety Deepens as Financial Goals Slip Out of Reach
The pressure of economic uncertainty is reshaping aspirations across generations, according to recent polling.
Proposals Suggest Redirecting DB Plan Surpluses to Boost Benefits, Raise Revenue
Two proposals from the American Benefits Council suggest ways to redirect some $100 billion in surplus funds from pension funds without terminating retirement plans.
Small Business Owners Show Resilience on Main Street
U.S. small business owners report they are staying the course to endure inflation and labor pressures.
As Longevity Increases, Retirement Planning Struggles to Keep Up
Two studies highlight a mismatch between life expectancy and current retirement planning.
In Letter, Lawmakers Ask SEC to Delist Chinese Stocks From US Exchanges
The May 2 letter to the SEC followed recent concerns expressed by lawmakers over U.S. investments in China, including two bills introduced this year.
Retirement Industry People Moves – 5/9/2025
Schwab Advisor Services names managing director of relationship management; Manulife John Hancock Investments names a retirement investment consultant; Nationwide Retirement hires a divisional sales manager; and more.
Product and Service Launches – 5/9/25
Vanguard debuts gen AI tool to enhance adviser-client communications; World Investment Advisors gets access to Pontera’s platform; Integrated Partners implements fraud tools to protect clients; and more.
Forfeitures Class Action Against Kaiser Foundation Dismissed
A federal judge in the Central District of California dismissed the claim that the plan sponsor’s use of forfeited assets violated ERISA.
Industry Anticipates SEC Approval of Dual Share Class ETF Offerings
The Securities and Exchange Commission in March said it was prioritizing its review of applications for firms aiming to offer ETF share classes of its traditional mutual funds.
Emergency Savings Linked to Less 401(k) Loan Use, Stronger Retirement Outcomes
According to a February survey, the usage of 401(k) plan loans has continued to increase.
Retirement Industry People Moves – 5/2/2025
Edward Jones announces changes to executive team; Paul Mahon to retire from Great-West Lifeco; Lincoln Financial names two external wholesalers; and more.
Product and Service Launches – 5/2/25
401Go expands its retirement offerings; Schwab Retirement Plan Services adds tools via Candidly; Edward Jones adds alternative investments to private client offering; and more.