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Financial Advisers Hone In on Private Infrastructure Investments
Private equity remains the largest private markets investment by far, according to a Hamilton Lane survey.
Access Gaps Remain as State-Facilitated Retirement Plans Near $2B
Nearly half (47%) of U.S. private sector workers still lack access to workplace retirement plans, according to Georgetown University’s Center for Retirement Initiatives.
2025 PLANADVISER Retirement Plan Adviser of the Year
Award recipients across all categories are honored at the PLANADVISER Industry Leader Awards celebration in New York City in May.
Employees Take Action After Financial Wellness Engagement
Employees experiencing extreme financial stress saw a 60% reduction after engaging with Finfit’s financial wellness tools.
Weak Market Returns Sink Corporate Funding Ratios
Tough markets and rising liabilities resulted in declines in pension funding levels in February.
JPMorgan Sued Over Health Plan’s Generic Drug Costs
The defendants claim the company breached its ERISA fiduciary duty by putting business interests ahead of the plan and its participants.
Retirement Industry People Moves – 3/14/25
New CTO at Carson Group; Mesirow Wealth Management hires Gary Pattengale; Kristin McCarthy named head of product at PCS Retirement; and more.
Finances a Top Source of Stress for Most Women
With uncertainty and financial anxiety on the rise, there is much opportunity for advisers to help women reach financial goals.
FinTech, AI Tools to Ease Administration and Expand Financial Planning Access
At a recent conference, fintech leaders discussed how artificial intelligence and technology can both improve retirement plan administration and provide investors with increased access to financial planning and...
Deadline for Retirees Taking Their First RMDs is April 1
The IRS rule applies to all traditional IRA owners and most participants in workplace retirement plans.
Product and Service Launches – 3/13/25
Apollo, Athene and Motive Partners purchase a guaranteed income provider; Capital Group launches 8 model ETF portfolios; Lane42 Investment Partners launches as alternative asset management firm and more.
Edward Jones Launches Private Client Services for High-Net-Worth Clients
The company’s Generations program targets clients with at least $10 million in investable assets.
Milken Institute Research Explores Federal Accounts for Newborns
The “Invest in America” accounts would provide all U.S. children with a federal government-funded $1,000 grant to be invested and grow over time.
CFA Institute Renames Certificate in ESG Investing
According to the CFA Institute, the curriculum underpinning the certificate will continue to cover ‘the wide variety of factors within each of the environmental, social, and governance areas...
SSGA Scraps Gender Diversity Efforts
State Street Global Advisors joins BlackRock, which recently scrapped its ‘aspirational workforce representation goals’ and will no longer require hiring managers to interview a diverse pool of candidates.
The Importance of Leveraging Technology to Improve Financial Wellness
Although 94% of employers reported in a recent survey that they are responsible for their employees’ financial well-being, only 57% actually do something about it.
Trump Nominates Dhillon to Lead PBGC
Janet Dhillon was the Equal Employment Opportunity Commission chair under President Donald Trump.
Georgia Bill Aims to Create State-Run Retirement Plan
The Peach State Saves program would automatically enroll eligible workers in a Roth IRA.
Gen Z Total Income Reaches $1.1T
Those age 16 to 26 are cautious with money: 52% of those working say they save at least one-quarter of their income.
Money Market Fund Assets Hit Record $7T
In light of continued market volatility, investors appeared to move money into what they see as more stable investments