Tag: Recordkeepers

The combined retirement recordkeeping businesses will operate under The Standard brand.

Empower will acquire Prudential’s DC, DB, non-qualified and rollover IRA business, in addition to its stable value and separate account investment products and platforms.

Over the past decade, the universe of retirement plan recordkeepers has contracted from about 400 to approximately 150, with no...

After reviewing a decision in an ERISA lawsuit against Banner Health, the 10th Circuit also found no reason to order...

The firm is getting out of the retail annuity business and focusing on its retirement and asset management businesses, including initiatives to improve the participant experience. 

The firm also intends to sell the Aon Retiree Health Exchange business to Alight, at least in part to head off potential antitrust concerns associated with its ongoing...

John James says advisers can use their expertise and experience to advance much-needed discussions about improving retirement policy here in the U.S.

Ascensus and Empower will take on parts of the 401(k) recordkeeping business, while OneDigital will assume the 401(k) investment advisory business.

Consumers spent a collective 1.6 trillion hours on mobile devices during the first half of 2020, with a 220% increase in time spent on business apps.

The Fifth Third retirement plan business comprises more than 475 workplace savings plans populated by approximately 100,000 participants with $6.21 billion in assets.

The transaction will increase Empower’s participant base to more than 12.2 million people and its retirement services recordkeeping assets to approximately $834 billion administered in approximately 67,000 workplace...

Principal Financial Group acquired Wells Fargo’s institutional retirement and trust businesses in July 2019 and aims to complete the integration...

Sales of new plans are expected to decline throughout the rest of 2020, with small plans affected the most.

DCIIA and SPARK surveyed members in early April with regard to the CARES Act and the effects of the coronavirus pandemic.

Fee compression hit recordkeepers first, then asset managers. Advisers are next, experts agree, but they can learn some important lessons from their service provider partners.