Search results for: SCO
AI and the Future of Participant Services
Use cases for both generative and agentic artificial intelligence continue to expand, especially in areas like participant education and personalized experiences.
Regulators Urged to Take Risk-Based Approach Toward AI
A recent SEC-hosted roundtable addressing artificial intelligence highlighted the risks and rewards of its usage in financial services.
Supreme Court Declines to Hear AT&T ERISA Case
The justices did not comment on the case, which centered on prohibited transactions under the Employee Retirement Income Security Act, and the 9th Circuit’s remand to a California...
2024 Global Asset Management AUM Grows to $128T
Seventy percent of asset manager revenue last year was driven by market performance, according to research from the Boston Consulting Group.
Nasdaq-100 Underrepresented in 401(k) Plans
A survey by Shelton Capital Management showed that allocations to Nasdaq-100 Index mutual funds make up fewer than 1% of all 401(k) assets.
Moody’s and MSCI Partner for Private Credit Risk Modelling Tool
The solution integrates MSCI private capital data with Moody’s EDF-X credit risk modelling tool.
Retirement Industry People Moves – 4/25/2025
David Gillman joins Absolute Capital as regional VP; Hartford Funds expands RIA sales and business development teams; BNY Investments names Germano as COO; and more.
Beyond the Annuity Puzzle: Rewiring the Psychology of Lifetime Income
A closer look at what has been limited, so far, annuity adoption by plan sponsors and participants.
Product and Service Launches – 4/25/25
OneDigital implements Broadridge’s suite of solutions; Vanguard introduces fixed-income model portfolios for advisers; T. Rowe Price launches pension-linked emergency savings accounts; and more.
DOL Reconsidering Biden-Era ESG Considerations Rule
Although the rule survived several court challenges during the Biden administration, it is in jeopardy once again.
2025 RPAY – Brent Sheppard, Cadence Financial Management
Business at a Glance as of 12/31/24 Location: Lake Mary, Florida How many plan assets do you have under advisement? $403.7M What is your median plan size (in...
Concern About More Litigation Follows Supreme Court’s Cornell Decision
Industry experts responded to the recent Supreme Court ruling, which lowered the bar for plaintiffs alleging prohibited transactions, with concern that a new wave of ERISA lawsuits will...
House Bill Would Protect Retirees From Financial Fraud
If passed, local law enforcement would be eligible to use federal grant funding to investigate financial fraud against retirees.
What to Know About Pharmacy Benefit Managers
Experts speaking during a recent PLANSPONSOR Roadmap session discussed how pharmacy benefit managers drive the cost of prescription drugs and what to watch for in contracts.
Supreme Court Rules For Workers in Cornell 403(b) Plan Lawsuit
The ruling means Cornell employees can again challenge the university about claims of excessive recordkeeping fees in the school’s defined contribution plans.
Product and Service Launches – 4/17/25
OneDigital enhances benefits capabilities with BoliColi acquisition; IRALOGIX launches a retirement preparedness benchmark; Mercer Advisors expands its family office services; and more.
Plan Sponsors Remain Focused on Workforce Retirement Benefits
Repositioning defined contribution plans as income programs could be the best path forward, according to a recent MetLife study.
Investors’ Bad Behavior Led to Sharp Underperformance in 2024
Equity fund investors missed the S&P 500 by a massive 848 basis points, while fixed-income investors underperformed by 232 basis points.
Electronic Disclosure Bill Reintroduced in House
Similar to a measure that passed the House last year, the Improving Disclosure for Investors Act prioritizes electronic delivery of SEC-required disclosures.
Todd Lacey Joins Financial Finesse As President
He will lead the financial wellness platform’s development amid the growing demand for personalized coaching solutions.