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Paychex Acquisition of Paycor Will Expand Client Base
The provider of small business 401(k)s is poised to add 49,000 businesses to its client roster.
2025 PLANADVISER Top Retirement Plan Advisers Entry Period Is Open
Advisers named to the list will be celebrated at the PLANADVISER Industry Leader Awards in May.
401(k) Connector Pontera Partners With Hightower Advisors
The partnership will integrate Pontera’s client 401(k) oversight technology with Hightower’s advisory services.
Pension Income Accounted for $1.5T of US Economic Output in 2022
Private and public sector defined benefit pension fund payments also added $224.3 billion in tax revenue, according to the National Institute on Retirement Security.
Miller Starts CFP Board Chair Leadership
The adviser head will oversee initiatives that include a push to bring more women into financial planning and the intelligent integration of AI.
Retirement Plan Advisors Announces Staff Promotions
Rob Mangano, Tamme Ford, Alex Gault and Sarah McKinzie get elevated roles at the $7 billion plan advisory focused on the public sector.
Advisory M&A News – 1/4/25
Indivisible Partners launches as independent advisory firm; Voya Financial completes acquisition of OneAmerica Financial’s retirement plan business; Marsh McLennan Agency acquires Acumen Solutions Group.
JP Morgan Bolsters Retirement Unit With Hires From Vestwell, Smart
Josh Forstater of Vestwell has been tapped to expand Morgan’s Everyday 401(k), and Tina Anstett of Smart will lead regulatory and legislative thought leadership.
Some Optional SECURE 2.0 Provisions Seeing Minimal Traction
A majority of plan sponsors are not planning to add options such as emergency sidecar accounts or employer matching to Roth contributions, according to a new Alight survey.
Biden Signs Social Security Fairness Act
The law will boost Social Security benefits for nearly 3 million public workers.
Nuts & Bolts: Requests for Proposal
What new plan advisers need to know about RFPs from plan sponsors.
Retirement Industry People Moves – 1/3/25
Adviser Banerjee joins SRP to lead Austin, L.A. teams; Faustino expands role at Broadridge, adds O’Brien of Cerulli; Pension Investors adds new retirement plan consultant; and more.
Amazon Employees File 401(k) Plan Forfeiture Complaint in Federal Court
The online retail giant joins more than 30 plan sponsors accused of mismanaging participant forfeitures for its own gain.
Crossmark’s Doll Projects Fewer Tailwinds and More ‘Tail Risks’ in 2025
Anticipate slower economic growth, persistent inflation and widening credit spreads, says market forecaster Bob Doll.
Product and Services Launches – 1/2/25
PGIM adds 2 Buffer ETF series and laddered buffer ETF to lineup; GROUPIRA launches IRA rollovers with Microsoft Azure; Closed-end funds advised by Franklin Templeton Fund Adviser announce...
Verizon, SSGA Face Complaint About $5.9B PRT Transaction
Law firm Edward Stone is representing three former employers who allege Prudential and RGA group annuity contracts are not the ‘safest available’ for their retirement pensions.
IRS Issues Covered Compensation Tables for 2025 Plan Year
The tables show plan sponsors how to determine contributions to qualified plans with permitted disparities.
Vision Financial Merger Creates $2B Financial Integrators
Des Moines-based Financial Integrators is combining three advisories to offer services in financial planning, risk management, accounting and employer-sponsored retirement plan advisement.
How TDFs Are Evolving
Personalizing glide paths by drawing on data from recordkeepers may help lead to better participant outcomes.
Beyond TDFs
A look at some of the leading defined contribution investment solutions competing with target date funds.