PensionPro Announces Partnership With Payroll Integrations to Support TPAs
Plus, July Business Services acquires Acuff to strengthen its administration and actuarial services.
Tag: Recordkeepers
Small Business “Bullishness” Helping to Drive 401(k) Growth
PLANSPONSOR surveying shows some leaders in the new and small plan space booked more 401(k)s in 2023 than the prior...
M&A Shows Up As Top Driver of Recordkeeper Swaps in New Study
Poor service quality was another driver of recordkeeper moves, new research from Escalent finds.
Recordkeepers and Participants: An Evolving Relationship
Recordkeepers are adding services and connection points with participants, which has ripple effects plan advisers should be aware of for...
Ascensus to Acquire Mutual of Omaha’s 401(k) Business
Retirement services provider will add $3.9B in assets after providing outsourced recordkeeping to retirement division for years.
Former Fidelity Private Wealth Head Joins Empower’s Wealth Division
Roger Hobby was hired by Empower to a senior role in its recently rebranded consumer wealth division; he is the...
Recordkeepers Are Leaning In on Managed Account Offerings
Representatives from Fidelity, Vanguard, Empower and Principal discuss their proprietary and partnered managed account offerings and growth.
It’s Time We Stopped Evaluating Managed Accounts From 2006
iJoin’s CEO discusses the evolution and current state of managed accounts.
Empower Reports Year-Over-Year Growth in Workplace, Wealth
CEO Ed Murphy says the firm is on the lookout for wealth-related acquisitions and notes 500 employees were hired into...
Empower Hires Dave Gray for New Enterprise Solutions Role
The former Fidelity workplace products head will work across the company on platform and partnership enhancements.
Empower, SPARK Push Back Against Fiduciary Proposal
Their concerns arise from the wide range of sales conversations that take place between recordkeepers and plan sponsors and the...
Lincoln to Shed Wealth Division With Sale to Osaic
Lincoln has agreed to sell its $108 billion wealth management business to focus on workplace and insurance services and products.
Ascensus, Newport Nonqualified Platforms Hit by Infosys Cybersecurity Issue
Ascensus and its Newport-owned nonqualified retirement systems have not been able to update participant accounts since November 2.
Empower’s TDF-to-Managed-Account Offering Clocks $21B in Assets
Recordkeeper's CEO notes potential for managed accounts and other participant offerings to grow on Prudential retirement migration.
Transamerica, ADP Each Add In-Retirement Plan Annuity Options
With the announcement, Transamerica becomes the first recordkeeper to offer State Street’s TDF with an embedded annuity, while ADP adds...
Recordkeepers: We’re Investing to Reach Participants ‘At Scale’
Recordkeepers speaking at a LeafHouse Financial conference discussed meeting participant needs with a combination of technology and human interaction.
Colgate-Palmolive Submits Motion for Summary Judgment in Retirement Fraud Lawsuit
Legal Counsel for the Colgate-Palmolive Employee Relations Committee aim to terminate the plan sponsor's participation in a lawsuit alleging the...
Understanding Plan Fees, With Help from NAGDCA
A recently published fee guide can help plan sponsors navigate different recordkeeping, advisory and asset management options.
Consumer Researchers Rank Fidelity, American Funds Among Best Digital Experience
J.D. Power and Corporate Insight ranked retirement plan providers on their digital and mobile offerings, showing overall increased satisfaction from...
TPA Strongpoint Partners Adds Pension Financial Services to Network
Strongpoint will have more than 4,000 plans and $7B in assets under administration with the deal.