Search results for: acts 19
Principal’s Deanna Strable to Take Over as CEO in 2025
Strable, recently named president, will take the top job from Dan Houston, effective January 7.
How Plan Advisers Are Reacting to Trump Election Win
Retirement plan advisers weigh in on post-election market impacts, retirement strategies and the overall economic outlook.
Boeing Labor Contract, Including 401(k) Match Boost, Approved by Workers
The union approval ends a seven-week strike and will see workers return November 12.
Implicitly Wrong: Hidden Fees in Retirement Income Solutions
Scott Colangelo of Prime Capital Financial argues that a lack of transparency will hold back the promise of in-DC-plan retirement income investments.
Setting the Record Straight on CIT Governance, Regulation
Jeb Bowlus of Great Gray Trust makes the case that CITs are well-regulated and confer retirement investor protections not present in their SEC-registered mutual fund counterparts.
GOP Bill Introduced in Senate to Permit CITs in 403(b) Plans
The latest bill is one of several pending measures that aim to allow 403(b) plans to invest using the cheaper investment vehicle.
Cybersecurity Insurance Considerations
Expert Steve Taylor gives his views on cybersecurity insurance, as breaches proliferate in financial services.
Chevron Explained
ERISA expert David Kaleda unpacks the Supreme Court decision that gives the courts more weight in areas that include employee benefits law.
Morningstar to Change Rating Methodology for Managed Investments
The change will alter about 20% of funds ratings, most of which will be downgrades, according to the firm.
It’s Time to Rethink Retirement, Says T. Rowe Price
According to a white paper from the firm, employers should customize benefits for a ‘transitioning to retirement’ workforce.
Mixed Results for Corporate Pension Funded Statuses
Most pension trackers reported that equity markets performed well in August but were offset by an increase in liabilities.
BAE Beats 401(k) Plan Forfeiture Suit
A federal judge in Virginia dismissed a proposed class action, marking one win for defendants amid a slew of recent forfeiture complaints.
Vanguard to Lower Asset Minimum for Digital Adviser Access
The minimum holding to receive financial advice from "robo-advisory" services will drop to $100 from $3,000.
Advisory M&A News – 8/26/24
Rise Growth Partners Announces first strategic investment in Bleakley Financial Group; Sanctuary welcomes $400 million North Carolina-based TOVA Wealth; DFA Veterans launch Parkwoods Wealth Partners; and more.
Student Loan Repayment Startup Summer Acquires Vault
Summer buys the student loan benefits firm that has worked with recordkeepers such as Voya and Schwab.
Bill to Allow CITs in 403(b) Plans Introduced in Senate
The introduction of the bill comes after a similar proposal was passed by the House of Representatives on March 8.
GE Hit By Athene PRT Lawsuit
Schlichter Bogard LLP files a lawsuit against General Electric for completing a pension risk transfer with Athene, joining suits against AT&T and Lockheed Martin, among others.
AT&T Fee Lawsuit Could Reach Supreme Court Next Year
Industry groups asked the Supreme Court to resolve an ERISA-related appeals court split.
2024 RPAY – Philip Sherman, Deschutes Investment Consulting
Business at a Glance as of 12/31/23 Location: Portland, Oregon How many plan assets do you have under advisement? $1.7B What is your median plan size (in assets)?...
Product & Service Launches – 5/2/24
TIAA and Nuveen lifetime income default target-date offerings approach $35 Billion; Pacific Life enhances suite of annuities; Cetera launches active ETF research select list; and more.