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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.
Data Breach at Alera Exposed Data of More Than 10,000 Individuals
An external breach, which occurred last summer, may have exposed retirement plan participants’ personal data, such as Social Security numbers and bank information.
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...
What to Know About GOP’s Proposed ‘Trump Accounts’
Included in House Republicans’ policy package are investment accounts promoting financial security for American children.
Product and Service Launches – 5/23/25
NAPA launches 401(k) managed accounts certificate program; Vanguard expands tax-exempt ETF lineup; Cohen & Steers, IDR launch hybrid real estate strategy; and more.
Economic Anxiety Deepens as Financial Goals Slip Out of Reach
The pressure of economic uncertainty is reshaping aspirations across generations, according to recent polling.
Positive Returns Drive Rising Demand for Real Assets
A Bank of America report highlights why real assets are gaining ground in diversified, long-term portfolios.
Insurance AUM Reaches $4.5T in 2024, Tripling in Past Decade
A significant majority of third-party insurance AUM is invested in fixed-income strategies, but insurers are increasingly allocating to alternative investments.
Concerned About Economic Conditions, Workers Decrease Savings
U.S. workers are reducing 401(k) and other savings amid concerns about inflation and heightened financial stress, according to several research reports.
Senate Bill Supports Retirement Plan Reenrollment
Senators introduced legislation that would allow periodic automatic reenrollment in workplace retirement plans for workers who opt out of participating.
Aon Introduces Health Pricing Tool Amid Rising Costs, Heightened Fiduciary Risks
The product offers insights from public health care pricing data to assist plan sponsors with managing rising costs and reducing fiduciary risks.
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.
Bill Allowing CITs in 403(b) Plans Advances in House
Whether non-ERISA 403(b) plans should have access to invest in collective investment trusts was a point of contention during the House Finance Committee meeting.
Lawsuit Filed Against TIAA Alleging Mismanagement of Employee Retirement Funds
The complaint alleges TIAA breached its fiduciary duties and mismanaged billions of dollars in employee retirement savings by opting for high-cost investment options despite better alternatives.
Survey Finds Participants Want Retirement Plans to Support Guaranteed Income
Almost nine in ten 401(k) plan participants believe employers have a responsibility to help ensure retirement income security, according to a survey by Nuveen and the TIAA Institute..
Parents Face Competing Financial Priorities
According to 88% of parents, their financial adviser was helpful in making financial decisions related to their children.
Lawsuit Filed Against UnitedHealth Alleging Misuse of Forfeited 401(k) Plan Assets
The plaintiffs include four current and former employees who intend to represent more than 250,000 plan participants.
Surge in Bond ETFs Driven by Institutional Investors
According to BlackRock , actively managed strategies currently account for 14% of U.S. fixed-income ETF assets under management and 8% of total U.S. ETF assets.
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.