Search results for: divis lab
Pitney Now Heading TIAA’s Lifetime Income Default Unit
Former institutional investments distribution lead Tim Pitney will now focus on lifetime income features as default options in defined contribution plans.
Could Health Care Regulation Go the Way of Retirement Plans?
Regulation from CAA ’21 is pushing employer-sponsored health care programs toward fiduciary rules that will look familiar to retirement plan advisers.
Investment Product and Service Launches
Principal debuts registered index-linked annuity solution; Jackson enhances RILA suite; Prudential Advisors introduces fee-based annuities; and more.
Retirement Income Today: How Advisers Can Leverage GLWBs
In-plan annuity products are proliferating, but if advisers want an option today, they should know about the guaranteed lifetime withdrawal benefit.
SS&C Adds Allianz Retirement Income Annuity to DC Plan Platform
Volatile markets amid high interest rates have driven asset growth on SS&C’s retirement income platform to more than $1 billion.
Retirement Clearinghouse Issues Alert of IRA Data Breach
Firm alerts more than 10,000 people to watch out for identify theft after Social Security and IRA numbers may have been exposed.
Schwab Sees Record Attendance in Participant 401(k) Sessions
Participants are favoring virtual sessions, and 18% boost their 401(k) contribution rate after 1:1 engagements.
Common Pitfalls in Reg BE, BI, According to FINRA, SEC
Riskier and complicated assets require more due diligence, and regulatory officials laid out some practices for advisers to avoid.
ASA: DOL Drops Appeal to 401(k) Rollover Advice Ruling
According to the trade association, the regulator will not appeal a ruling that keeps 401(k) rollover advice outside of fiduciary investment guidance.
DOL to Extend UBS, Credit Suisse 401(k) Asset Management Exemption
The DOL proposes extending for one year beyond their merger the exemptions being used by UBS and Credit Suisse to manage retirement plan assets.
House Republicans Eye SEC Regulatory, Enforcement Budget
A letter from the House Financial Services Committee calls for a freeze on the SEC’s enforcement budget and the defunding of five total SEC proposals.
Vestwell Partners with JP Morgan on Small Business 401(k) Plans
The digital recordkeeping platform will be available to JP Morgan's 401(k) product for small businesses, following the partnership.
The PLANADVISER Interview: Fiona Greig, Global Head of Investor Research and Policy, Vanguard
Research and policy expert Fiona Greig discusses moving from consumer spending and saving patterns to the world of long-term retirement investments.
Aon, Astellas Pay to Settle CIT Conflict of Interest Litigation
A 2020 case over the performance of proprietary CITs ends with a settlement.
Desantis Bans ESG Consideration in Florida’s Investment Decisions
The governor sees Florida as a trendsetter in how states can prohibit and ban ESG in state funds.
Retirement Industry People Moves
Thornburg Investment Management CEO to leave later this year; Franklin Templeton expands alts team; Lockton announces new global leadership structure; and more.
John Hancock, Voya Name New Investment Division Leads
Kristie Feinberg will take over as head of Manulife Investment Management in U.S., Europe, and John Hancock Investment Management; Barbara Reinhard named CIO of Voya’s investment arm.
2023 RPAY – Anthony Powers, KerberRose Retirement Plan Services
Business at a Glance as of 12/31/22 Plan assets under advisement: $136 million Median plan size (in assets): $281 thousand Plans under administration: 133 Total participants served: 2,761...
2023 RPAY – CSi Advisory Services, a division of HUB International
Business at a Glance as of 12/31/22 Plan assets under advisement: $945 million Median plan size (in assets): $2 million Plans under administration: 256 Total participants served: 25,116...
2023 RPAY – Loraine Montanye and DBR & CO.
Business at a Glance as of 12/31/22 Plan assets under advisement: $7.1 billion Median plan size (in assets): $4.9 million Plans under administration: 46 Total participants served: 93,915...