Constitution Capital, Principal Launch CITs Including Private Market Assets
The collective investment trusts are intended for professionally managed products and services.
Tag: collective investment trusts
CIT Adoption Ticks Up as Providers Focus on Transparency, Growth
Collective investment trusts are becoming a staple of defined contribution plans, driven by flexibility and lower costs.
CITs, Retirement Income Features Gain Traction in $5.3T TDF Market
Twenty years after the Pension Protection Act popularized target-date funds, a Sway Research report looks at key trends among TDFs.
Bill for CITs in 403(b) Plans Backed by 30 Retirement CEOs
The industry leaders urged the Senate committee to prioritize and approve the legislation, as Congress approaches its August recess and...
SIFMA Urges Senate to Vote for CITs in 403(b) Plans
Trade groups wrote the Senate Banking Committee to urge the passage of a bipartisan package of bills, including investor disclosures...
PGIM Launches Private Credit CIT for Defined Contribution Plans
The company said the investment vehicle is intended for use within professionally managed retirement solutions.
Nonprofit Leaders Call on SEC to Back CITs in 403(b)s
Congressional action is required to allow collective investment trusts to be included in 403(b) plans.
LeafHouse, GTC Collaborate on CIT Platform
The artificial-intelligence-powered system is designed to consolidate the many documents needed to run collective investment trusts.
ICI: Rise of CITs Adds Pressure to Outdated Fintech
Retirement plans relying on manual processes and aging infrastructure are struggling to keep pace, according to the industry group.
Target-Date Assets Grew 21% in 2025
Assets in TDFs with embedded income grew 39% last year, according to Sway Research.
Alta Trust and Morningstar Introduce 6 Multi-Manager Portfolio CITs
The collective investment trust series is supported by funds from eight asset managers.
House Passes INVEST Act, Brings CITs One Step Closer to 403(b) Plans
The Senate will next vote on the INVEST Act, which includes new safeguards for senior investors and a broadening of...
House Committee Advances Bipartisan ‘INVEST’ Act
The 64-page bill proposes a new certification exam for ‘accredited investors’ and would allow 403(b) plans to invest in the...
TIAA, Vanguard to Offer Target-Date Lifetime Income CIT Series
The product embeds the TIAA Secure Income Account, a fixed annuity, in a target-date fund.
CITs Are ‘Ideal’ for Access to Private Markets, per Cerulli
Most asset managers that Cerulli Associates surveyed said they planned to offer direct contribution plans a range of sub-asset classes...
Great Gray Acquires flexPATH’s CIT Sub-Advisory Business Assets
The move brings in-house some investment management services previously outsourced to flexPATH.
Human Interest Advisors Offers CITs to Small, Midsize Businesses
The company estimates the collective investment trusts could help 401(k) plan participants save more than $1.6 million in combined fees...
CITs Outpace Mutual Funds in 2024
Collective investment trusts continue to win assets at a breakneck pace.
Blue Owl and Voya Partner to Offer Private Market Solutions to DC Plans
The firms will begin by offering collective investment trusts available through adviser-managed accounts.
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.