Guaranteed Income in Target-Date Portfolios Boosts Retirement Spending
Target-date portfolios with guaranteed income could effectively manage retirement risks, according to BlackRock and TIAA.
Tag: BlackRock
Russell Investments, ICI Join BlackRock, Charles Schwab Among Those Announcing Trump Account Contribution Plans
Several notable corporations have announced their expected match contributions ahead of the pilot program’s July launch.
BlackRock: Millennial Advisers Lead Industry Shift Toward High-Net-Worth Clients
Model portfolios have become essential, customizable tools for high-net-worth clients, and Millennial advisers are leading the trend.
Inflation, Tariffs Main Concerns Among Senior Investment Pros
Higher inflation over the next year is by far the biggest concern among surveyed insurance companies, according to a BlackRock...
TIAA Hires Rob Crothers to Head Business Development
BlackRock’s former head of US retirement will lead efforts to develop strategic partnerships.
Worker Optimism About Retirement Rises, Actual Savings Contributions Fall
Employers’ confidence in their employees’ retirement savings is at its lowest point in a decade, but savers’ confidence has risen...
Nearly One-Quarter of Plan Sponsors Consider Private Market Investments: BlackRock
Employers chose target–date funds as the most likely way they would introduce private assets into retirement fund investment lineups, according...
Great Gray Trust Company to Collaborate With BlackRock
BlackRock’s glidepath will power Great Gray Trust Company’s new retirement solution with access to private markets.
DOJ, FTC State Position in ESG-Related Coal Suit Against Largest Asset Managers
The DOJ has taken a side in a case accusing BlackRock, State Street and Vanguard of suppressing prices in the...
Envestnet Announces Model Portfolios, Direct Indexing Offerings
The company intends both offerings, in partnerships with BlackRock and State Street Global Advisors, to help advisers expand offerings.
Larry Fink Touts Importance of Private Assets in Annual Letter
One way to fix the “retirement gap” is to increase access to alternative investments in 401(k) plans, according to BlackRock's...
Product & Service Launches – 6/20/24
State Street Global Advisors launches IncomeWise solution; BlackRock expands active ETF platform with 2 ETFs; Vanguard reopens actively managed funds...
BlackRock’s Retirement Lead Ackerley Moving to Senior Adviser Role
The head of the firm’s retirement group will move into an advisory position in July as part of a global...
Vanguard Taps Former BlackRock Divisional Head for CEO
Vanguard appoints iShares head Salim Ramji to succeed Tim Buckley in July, the firm’s first external hire to the top...
Product & Service Launches – 4/25/24
BlackRock live with retirement income with annuity for plan sponsors; Nationwide adds dynamic feature to its retirement income offerings; CAPTRUST...
Vanguard Surpasses BlackRock for Top Spot in Asset Management Brand Ranking
The Broadridge Fund Brand 50 report shows the influence of brand on third-party fund selection.
BlackRock’s Non-ESG Funds Are Still ESG, Mississippi Order Says
Mississippi alleges that BlackRock misled investors and should be fined millions.
BlackRock’s Fink Calls for Retirement System Rethink in Annual Letter
The CEO makes the case that, as populations age and people live longer, the need to build retirement savings ‘has...
BlackRock Heightens DC-Adviser Focus
Firm announces new resource center, and leader, to work across DC plan and financial advisement.
American Funds Maintains Largest TDF Inflows in 2023
The TDF manager brought $19.8 billion into its TDF investments in 2023, highest among U.S. managers.