Retirement plan advisers in Hub’s national network will be offering the pooled employer plan with an eye toward reducing plan costs, fiduciary responsibility.
The Standard and NFP launch PEP solution; Flywire and Vestwell partner to streamline 529 college plan payments; CalSTRS and Sapphire Partners invest in next-generation VC managers.
The recently formed retirement plan advisory taps Empower as the recordkeeper for the pooled employer plan.
An IRS clarification that expanded audits for PEPs may be a factor for some providers in leaving the market.
Aon continues pooled employer plan push, adding headcount to keep adding beyond over $1B in reported assets and commitments in its PEP.
Among items on DOL/EBSA's agenda: speaking with retirement plan service providers, employers and employees on what regulators can do to help increase PEP growth.
The largest small employers may be the most interested.
Plan sponsors can take advantage of novel plan designs that share risk, including pooled employer plans, to broaden employer-sponsored benefits.
Franklin Templeton has selected a new group plan recordkeeper in Transamerica, while PRI and Waypoint have formed a new joint company called Group Plan Systems.
The objective of the new pooled employer plan will be to create as close to a complete environmental, social and governance investment lineup as possible.
Fidelity Investments expands lineup of SMAs; Unision Risk Advisors launches PEP; Retiree, Inc. creates first decumulation model portfolio; and more.
PEP-RFP.com offers three levels of service, from access to a database about pooled plan providers and their pooled employer plans to a full request for proposals process.
The pooled employer plan that will launch in 2021 is for small and mid-sized employers.
The consultant has selected Empower Retirement as a recordkeeper for its outsourced 401(k) solution as well as for the intended pooled employer plan.
Financial advisers and professionals explain what they are hearing from clients and what they anticipate for the upcoming year.
Lockton announced in August that its new outsourced administrative responsibilities (OAR) practice will make PEPs the first order of business.
Smart says it supports advisers of all sizes and that its platform also facilitates the use of lifetime income in retirement plans.