How to Leverage SECURE 2.0 to Improve Participant Outcomes
Participant demographics and behavior can guide plan advisers and sponsors to specific areas of retirement policy, says Vanguard’s managing director...
News
Retirement Advisory M&A Persists Amid Overall Deal Decline
DeVoe’s Q3 M&A report shows overall dealmaking in the advisory space is trending toward a down year, with the retirement...
Managed Accounts Show Mass Potential, Need Better Benchmarking
Plan sponsors want personalized advice for participants, but many may need clearer guidance to implement managed accounts, according to new...
New Micro-Plans Will Receive Expanded Tax Credit if Bill Passes
Startup retirement plan sponsors with less than 10 employees would receive a minimum of $2,500.
US Workers Expect AI to Extend Human Longevity, Increase Retirement Needs
A Nationwide survey found that Americans are bullish on artificial intelligence but less confident in their ability to pay for...
Advisory M&A News – 10/23/23
Mercer acquires Kingfisher Capital; Sequoia to add M Capital Advisors; Charles Drew Group joins UBS.
TDF Assets Through Q3 Dip Slightly, Still Outpacing ‘22
American Funds had the strongest inflows for a second consecutive quarter among the top ten TDF providers, according to Simfund,...
Long-Term Investment Fund Assets Set to Rise After 2022 Dip
After a tumultuous few years of rising interest rates and market volatility, ISS MI sees a return to growth for...
Best Practices To Vet a Vendor’s Cybersecurity Practices
Experts in Cybersecurity provide tips on how to assess partners' defenses in a recent PLANADVISER Cybersecurity livestream.
DOL Fiduciary Proposal Expected by End of October
The proposal is expected to redefine fiduciary in the context of retirement investment advice.
Bipartisan Support Shown for Federal IRA in Re-Introduced Bill
Members of Congress from both parties have been pushing for a federal auto-IRA program through the Retirement Savings for American...
Most Retirees Would Change Retirement Strategy, Lincoln Financial Finds
Separately, Hartford Funds’ Mike Lynch says employers should consider a program for retirees to mentor pre-retirees to improve retirement readiness.
Alera Adds More Retirement Benefit Specialists, Capabilities
Firm adds Brio Benefits and a retirement plan consultant joins its Waterford Group company.
Retirement Industry People Moves – 10/20/23
SageView enhances wealth management leadership team; Marasco to lead new protected retirement team; Northern Trust Asset Management names new co-head...
Supreme Court Declines to Hear Appeal of ERISA Class Action Waiver Cases
Two cases ruling that mandatory individual arbitration clauses are unenforceable are effectively upheld, at least for now.
Mentorship Can Provide Clear Benefits for Women in Retirement Sector
OneAmerica experts said women in the retirement profession can find valuable relationships with both female and male mentors.
BlackRock Launches Target-Date ETFs Aimed at Self-Directed Retirement Savers
The TDFs will provide ETF access in a glide path as the firm targets 57M workers who lack 401(k) access.
Investment Product & Service Launches – 10/19/23
The Standard to roll out intellicents PEP; USAA introduces fixed-indexed annuity; SoFi Invest announces 1% IRA match; and more.
Retirement Advisor Council Launches Financial Literacy Program FinLitFuture$
The council is calling on advisers and the retirement industry to help provide financial education to underserved students in underserved...
SEC Proposes Partial Ban on Volume-Based Discounts for Brokers
The ban would prevent exchanges from offering volume-based pricing schemes to brokers for agency trades, a practice the SEC sees...