Todd Lacey Joins Financial Finesse As President
He will lead the financial wellness platform’s development amid the growing demand for personalized coaching solutions.
News
Financial Firm Investment in Gen AI Surges, Cybersecurity Remains Priority
A Broadridge survey found a leap in firms’ investment plans for generative AI technology.
Amid Some Confusion, Social Security Begins Use of New Anti-Fraud Measures
Social Security will now conduct an anti-fraud check on all phone applications by analyzing “patterns and anomalies within a person’s...
Private Credit Matures Into Mainstream Asset Among RIAs
An AFA survey of professionals from U.S.-based RIA firms that research funds and/or select funds for client portfolios, found that...
Investment Fees, Plan Governance Drive Fiduciary Liability Insurance Pricing
Having an investment adviser on retainer had a moderate impact on pricing, as about half of insurers reported that it...
Consumers Worry That Income Isn’t Keeping Up With Inflation
While 39% of men believed their income had kept up with inflation in 2024, only 28% of women felt the...
Retirement Industry People Moves – 4/11/2025
Nationwide Retirement Solutions names a mid-market acquisition director; Groom Law Group expands its retirement and fiduciary practice; Cache appoints heads...
Hub Names EVP of US Employee Benefits and Retirement and Private Wealth
Mustafa Faizani will assume a new role as the executive vice president of U.S. employee benefits and retirement and private...
Health Plan Fiduciary Duties Related to Data and Documents
At a PLANSPONSOR webinar this week, experts discussed why data, and access to data, are important to the fiduciary process...
Social Security Administration Changes Course on Plans to End Phone Services
The agency announced that all claim types can be completed over the phone once again, after receiving backlash from retiree...
Product and Service Launches – 4/10/25
Yieldstreet to launch automated private markets investing solution; Fidelity adds two fixed income ETFs; Lazard Asset Management introduces three active ETFs...
Understanding and Evaluating Retirement Income Solutions
With retirement income products increasing in popularity, plan fiduciaries must select appropriate options to offer to workers from a growing...
Chime Introduces Financial Wellness Suite
The Chime Workplace platform allows employees to build emergency savings through a high-yield savings account, as well as build credit...
Senate Confirms Paul Atkins as SEC Chairman
The founder and chief executive of Washington, D.C.-based consultancy Patomak Global Partners was also an SEC commissioner under President George...
Former Acting Labor Secretary Su Outlines “Risks” From a Weakened DOL Under Trump
In a commentary last week, Julie Su opined about “nightmares that could become the norm in a country without a...
Milken Institute Supports Steps to Increase Adoption of In-Plan Lifetime Income Solutions
The think tank says three things would expand access: labeling in-plan lifetime income solutions as distinct asset classes, refining safe...
Envestnet Announces Model Portfolios, Direct Indexing Offerings
The company intends both offerings, in partnerships with BlackRock and State Street Global Advisors, to help advisers expand offerings.
John Hancock Adds Manulife Name to Investment and Retirement Brands
The U.S. insurance business brand will continue to operate as John Hancock.
DOL Provides Guidance About DB Funding Notice Requirements
In Field Assistance Bulletin 2025-02, the regulator addressed confusion resulting from ERISA-related questions that arose after passage of the SECURE...
Janus Henderson and Guardian Life Announce Strategic Partnership
Guardian Life’s internal fixed-income investment staff will join Janus Henderson, which will now manage the insurer’s $45 billion investment-grade fixed-income...