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Equitable Introduces 401(k) PEP
The 401(k) pooled employer plan is available through the Equitable Retirement Vision platform.
Johnson & Johnson Lawsuit Over Health Plan Partially Dismissed
A district court in New Jersey ruled that the plaintiff lacked standing for certain claims, but there is a chance the case will be resurrected.
AI-Enhanced Fraud: A Growing Threat to Retirement Plans
Criminals are using artificial intelligence to craft more convincing phishing attacks, leaving businesses and retirement plans vulnerable.
2025 PLANADVISER Industry Leader Awards
Celebrating the nation’s premier retirement plan advisers
KKR Names Kivett 1st Head of Defined Contribution
The veteran of TIAA and Prudential started in the new role in December.
Carson Group Acquires Carson Wealth Chicago
In a separate transaction, the Carson Group added an advisory team based in Roseville, California.
Industry Groups Push to Dismiss PRT Lawsuit Against Bristol-Myers Squibb
In an amicus brief, several advocacy groups warned that letting the lawsuit proceed past a motion to dismiss could open the door to a wave of frivolous lawsuits.
Education and Workforce Committee Renews Call to Probe EBSA for Alleged ‘Power Abuse’
The committee has once again urged the Department of Labor’s Office of Inspector General to investigate claims that the Employee Benefits Security Administration disclosed confidential plan information to...
Advisory M&A News – 1/27/25
NFP acquires Tycor Benefit Administrators and expands presence in the Philadelphia area; Wealth Enhancement announces acquisition of VanceGray Wealth Management and Northwest Investment Counselors; Citizens deepens investment in...
What Is a Proper Cybersecurity Policy for a Retirement Plan?
Plan fiduciaries should consider third-party audits, multi-factor authentication, cyber insurance and more when developing a written cybersecurity policy.
Holistic Planning is Key to Navigating Retirement Income Challenges
An Ameriprise Financial executive discusses how to navigate the shift from saving for retirement to managing distributions.
Retirement Industry People Moves – 1/24/25
Nationwide’s president and COO announces retirement; Alera Group appoints a new director of retirement adviser services; T. Rowe Price hires an institutional business development executive; and more.
Insurance Brokerage M&A Continues to Surge in 2024
Hub International, active in retirement plan deals, completed 48 transactions during the year, MarshBerry reported.
IRI, Cannex Introduce Baseline Values Tool for Annuities
The solution is intended to improve financial planning by integrating annuity options more directly into the modeling process.
JPMorgan Faces 401(k) Forfeiture Lawsuit
The banking giant is the latest company to face litigation over its use of forfeited 401(k) assets.
The Retirement Advantage Announces New 401(k) PEP
TRA partners with Empower, Envestnet and FiduciaryxChange on its pooled employer plan offering.
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.
Proposed ESOP Rules Scrapped Following Trump’s Regulatory Freeze
A presidential executive order issued Monday led to the withdrawal of rules that had not yet been published in the Federal Register.
Supreme Court Hears Cornell Pleading Standards Case in Oral Arguments
The court examined conflicting lower court rulings to decide if plaintiffs must demonstrate more than just the occurrence of a 'prohibited transaction' to overcome a motion to dismiss.