Product & Service Launches – 3/7/24
Orion, DPL partner on annuities marketplace for advisers; Morgan Stanley launches private markets transaction desk; Just Futures announces 'values-driven' 401(k)...
Tag: T. Rowe Price
Retirement Industry People Moves – 2/23/24
Alerus names retirement services officer; FINRA appoints new board members; and T. Rowe board chair Stromberg steps down.
Product Partnerships – 2/21/24
Morningstar Wealth announces addition of SMAs; Orion expands access to Clark Capital’s Navigator Total Wealth Strategies; SUBSCRIBE adds T. Rowe...
Retirement Industry People Moves – 2/9/24
TIAA’s Stickrod gets expanded lifetime income role; T. Rowe promotes veterans in retirement and wealth services shuffle; SEI hires a...
Student Loan 401(k) Matching: A Case Study
T. Rowe Price and engineering consultancy Kimley-Horn detail the steps that went into offering a student loan match in 2024.
US Savers Estimate Lack of Financial Knowledge Cost Them $1,500 in ‘23
A plan advisory head says the financial industry should play an important role in combatting that knowledge gap.
T. Rowe Price Announces Retirement Strategy Team
The investment manager and retirement recordkeeper made the announcement as it highlights retirement saving trends, including personalization and diversification.
Product & Service Launches – 11/30/23
T. Rowe Price launches Capital Appreciation and Income Fund; Brighthouse Financial introduces suite of fixed-indexed annuities; ShareBuilder 401k waives setup...
Product Partnerships – 11/22/23
Luma Financial Technologies, RetireOne enhance RIA access; IFC, T. Rowe Price create 1st blue bond strategy; Alto, Farmland LP announce...
Infosys Ransomware Attack Affecting Nonqual Plans Nearing Fix
Account holder plans may be nearing reactivation, but are still on hold through at least November 27, according to a...
Infosys Cybersecurity Event Disrupting Recordkeeper, Insurance Platforms
T. Rowe Price, Vanguard, Principal, and Ascensus note ongoing system issues due to cybersecurity problem at US-based division of Infosys.
100% of Large Retirement Plan Advisories Now Include Wealth Strategy, According to T. Rowe
In 2019, only half of plan advisers were considering a wealth strategy, but the opportunity to enhance profits by offering...
Retirement Industry People Moves – 11/3/23
T. Rowe Price elects Donnelly as independent director; Global investment manager names new COO; BlackRock head of retirement named to...
Long-Term Participants Create Challenges, Opportunities
Participants are staying longer in 401(k) workplace plans. What does that mean for the future of plan advisement?
Blended TDF Uptake Remains Low, but ‘There’s Clearly Something Shifting’
Only 9% of advisers report using blended TDFs, but 93% are interested in them, according to a T. Rowe Price...
DC Advisers: Managed Accounts Not Yet Default Threat to TDFs
A survey of retirement advisories did, however, show increased interest from plan sponsors for in-plan retirement income options.
Why Short-Term Financial Stress Hurts Long-Term Savings
A T. Rowe Price retirement expert finds participants who take multiple short-term loans end up with less retirement savings—furthering the...
T. Rowe Price Champions Co-Branding With Adviser Firms
T. Rowe's head of core market segments says co-branding on financial wellness and advice can increase lead generation.
T. Rowe Price to Acquire Retirement Income Fintech Retiree, Inc.
Rowe Price plans to incorporate the retirement income planning software into its retirement offerings for advisers, plan sponsors, and participants.
DE&I Initiatives: Are They Working?
Retirement advisory firms have been working to implement diversity, equity, and inclusion programs for years, but have they been effective?