Deals & People August 7th, 2023 Advisory M&A Ameriprise adds 3 teams worth total of $1.1B in client assets; Mercer Advisors Snags Texas-based $680M wealth advisory; Cetera adds...
Deals & People August 2nd, 2023 The PLANADVISER Interview: Vince Morris, President of Retirement and Wealth, OneDigital The OneDigitial retirement plan leader says the aggregator’s company-wide focus on the employee guides its strategic growth.
Practice Management August 1st, 2023 Keep it Simple: Innovations in Small Plan Advisement, Management Advisers and small plan 401(k) providers explain how the industry has evolved to do more—but make it feel like less—for...
In Practice July 31st, 2023 Vanguard Expands Retirement Clearinghouse Eligibility to IRA Account Holders The asset manager, which has partnered with the clearinghouse on 401(k) rollovers since 2021, is turning to forgotten IRAs.
Deals & People July 28th, 2023 MarshBerry: Retirement M&A Up in First Half, Bucking Overall Trend Of the 18 retirement deals through the first half of 2023, 2 came from wealth advisories ‘dipping their toes’ in...
Products July 25th, 2023 TIAA In-Plan Annuity Option Hits 250,000 Participants The in-plan retirement income marker coincides with another record quarter for retail annuities, according to a separate report from LIMRA.
The Markets July 19th, 2023 American Funds Sees Strongest TDF Inflows in Q2 Vanguard saw the second most inflows, according to Simfund, as overall target-date fund assets ended at a robust $1.63 trillion.
Products July 19th, 2023 Allianz Finds Growing Interest in Annuities in Employer-Sponsored Retirement Plans Meanwhile, Nationwide announces a new lifetime income annuity.
Deals & People June 29th, 2023 John Hancock Retirement CEO Stresses Importance of Financial Adviser Relationships The new retirement CEO sees a “heightened” interest from wealth managers in engaging with workplace retirement plans and participants.
Data & Research June 28th, 2023 BlackRock, Policy Group Detail Results of Delaying Social Security, Adding Guaranteed Income Researchers ran participant simulations to show retirement income spending power could get an almost 30% boost with the strategies.
Deals & People June 21st, 2023 July Acquires Sunwest Pensions to Expand National Presence The 401(k) provider continues its PE-backed acquisition strategy by booking its fourth deal of the year.
In Practice June 20th, 2023 Know Your GLWBs: Assessing Annuity Vehicles as In-Plan Income Options In-plan guaranteed retirement income options are much discussed, but less often implemented. Here are resources for evaluating and implementing the...
Products June 16th, 2023 What Can AI Do for the Retirement Plan Industry? Three different chatbots serve as examples of how AI technology can streamline multiple parts of the business.
Data & Research June 14th, 2023 US Retirement Assets Grow to $35.4 Trillion in Q1 Retirement assets accounted for 31% of all household financial assets at the end of March 2023, according to ICI.
Client Service June 6th, 2023 Human Interest Offers 3% Cash Back for New Retirement Savers The incentive is available for first-time savers making $60,000 or less.
Practice Management May 31st, 2023 The Good Old Days: Was the Pension Era Really as Good as Its Reputation? Experts point out the flaws in the often lauded 'pension past,' while discussing the benefits and potential of the 401(k)...
Data & Research May 25th, 2023 Employer Contributions Hit Record High Among Fidelity Savers The rate was driven by matching employees’ continued 401(k) deferral increases.
Compliance May 22nd, 2023 EBRI Study: Inflation, Weak Stock Market Slashed Retirement Confidence EBRI reports sharply decreased retirement confidence, driven primarily by inflation.
Data & Research May 18th, 2023 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.
In Practice May 16th, 2023 Advisers Managing Heightened Retirement Plan Committee Turnover With job turnover rates remaining high, advisers discuss how to manage retirement plan committee churn.