Deals & People April 16th, 2024 Victory to Acquire Amundi’s $104B U.S. Division The Paris-based asset manager Amundi will cede its U.S. business to Victory in exchange for a 26.1% stake in the...
Products & Services March 14th, 2024 Product & Service Launches – 3/14/24 Cetera-affiliated advisers get Bitcion ETF policy guidance; Nationwide offering Morningstar AMAs; OneAmerica launches TDF series of CITs; and more.
Compliance March 8th, 2024 House Passes Expanding Access to Capital Act Act includes amendments including CIT-expansion to 403(b)s and updating electronic disclosures.
Compliance March 8th, 2024 House Approves Measure to Allow CIT Use in 403(b) Plans The amendment is a first step in meeting industry calls to extend the lower-cost investment vehicle beyond 401(k) plans.
Products & Services February 29th, 2024 401(k) World: DCIO Managers Adjust to Fee Pressures The fourth story in this PLANADVISER In-Depth series considers how the rise of CITs and passive options have changed retirement...
Compliance February 28th, 2024 FlexPATH, Wood Group Beat TDF-Selection-Based Lawsuit A 401(k) complaint alleging fiduciary imprudence was rebutted in a 70-page review of the committee’s selection and review process.
Data & Research November 10th, 2023 CITs Surpass Mutual Funds as Preferred Investment Vehicle for DCIOs Providers of collective investment trusts are expected to target midsize and large DC plans in the coming year.
Data & Research October 23rd, 2023 Long-Term Investment Fund Assets Set to Rise After 2022 Dip After a tumultuous few years of rising interest rates and market volatility, ISS MI sees a return to growth for...
Data & Research October 4th, 2023 Managed Accounts’ Default Use Limited by Litigation Fears, Fees Plan advisers continue to pick TDFs in retirement plans, rather than more personalized managed accounts, in part due to legal...
Compliance May 9th, 2023 Aon, Astellas Pay to Settle CIT Conflict of Interest Litigation A 2020 case over the performance of proprietary CITs ends with a settlement.
Products May 1st, 2023 Wilmington Trust’s Spun-Off CIT Division Is Now Great Gray Trust The CIT division purchased by private equity firm Madison Dearborn Partners is now its own entity selling the popular 401(k)...
The Markets May 1st, 2023 CITs May Be the New Mutual Funds of DC Plans: Have They Earned It? Low-fee collective investment trusts, already popular among large plan sponsors, may be moving down-market to smaller plans.
Data & Research April 6th, 2023 Morningstar: Pandemic Caused Plan Closures, Creation Slowdown Morningstar study sees the pandemic as a "warning" of how economic disruption can stymie new plan creation.
Products April 5th, 2023 Wilmington Trust Focused on CIT Education Push Retirement services head Rob Barnett say advisers, plan sponsors and Congress all need a better understanding of the DC investment...
The Markets March 30th, 2023 Investment Service & Product Launches American Century launches actively managed ETF; Nomura starts fund with exposure to private credit; Singapore-based Eastspring launches first CIT for...
The Markets March 28th, 2023 TDF Assets Fell 14% in ‘22, but Inflows Stayed Strong While market depreciation drove TDFs off a record '21, inflows stayed strong, according to Morningstar.
Client Service February 27th, 2023 401(k) Plan Fees Continue Decline on CITs, Lower-Cost Funds Participants enjoyed lower fees within retirement investments in 2022, due largely to shifts by defined contribution vehicles, rather than from...
The Markets February 16th, 2023 60/40 Portfolio Can Be Improved With Creative Use of Alternatives, Experts Say After stock-and-bond “bloodbath” in 2022, retirement savers may want to rework the old 60/40 return model.
The Markets February 14th, 2023 Collective Trusts Expected to Top Mutual Funds as Primary Target-Date Vehicles in 2023 Most target-date providers saw losses in 2022, with gains coming mostly from CIT-based funds.
Compliance December 12th, 2022 Expert Consensus: SECURE 2.0 May or May Not Pass Passage of the final bill depends on whether Congress can pass an annual budget.