Schwab introduces tools for workers with student loan debt; CapIntel launches proposal builder for SEC Marketing Rule compliance; Penny Finance adds automated money insight; and more.
Users will be able to view their education savings alongside their other investments in one dashboard.
An increasing number of businesses will be starting retirement plans in the wake of the Secure 2.0 Act and state mandates.
Candidly’s student debt and savings service for employers and retirement recordkeepers has brought in Series B financing led by investment firm Altos Ventures.
Advisers and plan sponsors should encourage savers to focus on opportunities from the Secure 2.0 Act and on building up an emergency reserve, according to J.P. Morgan experts.
With pundits saying the Supreme Court will likely strike down student debt forgiveness, employers and providers are getting ready to do their part.
Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found that debt is a major obstacle preventing many people from saving as much as they would like.