In the Rush to Hire AI Talent, Companies are Rushing Too Fast, Survey Finds
"Firms are competing for an ever-shrinking pool of skilled candidates when they should be investing in developing their own qualified...
News
Voluntary Fiduciary Correction Program Improvements Take Effect
The Employee Benefits Security Administration’s updated self-correction tool launched this week.
DOGE Prohibited from Obtaining Social Security Data, Judge Rules
The restraining order was issued days before a nomination hearing for Frank Bisignano, Trump’s nominee for commissioner of the Social...
OneDigital Expands Access to Impact Studio Platform
The program was initially launched in five markets, where OneDigital consultants using the platform reported a 25% reduction in workforce...
CFP Board Initiative Seeks to Increase and Strengthen Women CFP Professionals
The Accelerate & WIN program includes research, webinars, virtual events, and more, to address female underrepresentation in the financial planning...
Social Security Administration Changes Process to Prove Identity
AARP and the Alliance for Retired Americans voiced concerns about the requirement that, starting March 31, Americans must visit a...
Retirement Industry People Moves – 3/21/25
Neuberger Berman appoints consultant relations managing director; Morgan Stanley hires head of OCIO; Prudential gets head of distribution, voluntary and...
Product and Service Launches – 3/21/25
PensionBee adds Roth, traditional contribution capabilities; SMArtX Advisory Solutions adds 5 strategies; October Three expands retirement plan; and more.
PGIM Talks Deglobalization’s Portfolio Implications In New Report
Research from the asset manager shows the world is in an era of two tracks—the 25% now deglobalizing and the...
Lockheed Martin Sued for In-House Management of 401(k) Plan
The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the company’s...
Younger, Do-It-Yourself Investors Interested in Human Financial Advice
A J.D. Power study finds traditional wealth management firms may be missing out on attracting younger investors.
New AssetMark Program Educates Advisers About Succession Planning
The Ascent program offers tailored training and resources to help advisers plan for succession and ensure the continuity of their...
401(k)s Not the Place for Private Equity, Says Johns Hopkins Study
New research, focused on 19 of the 25 largest U.S. private equity-leveraged buyout families, argues private equity is riskier than...
John Hancock Retirement Announces Suite of Adviser-Centric Plan Solutions
The company is committed to being the ‘partner of choice’ for intermediaries, according to Wayne Park, John Hancock’s retirement CEO.
Pension Risk Transfer Just Shy of Record Year in 2024
According to LIMRA, 14 carriers reported more than $1 billion in pension risk transfer sales during 2024.
JPMorgan Sued Over Stable Value Fund in 401(k) Menu
The company was accused of using an in-house stable value investment that underperforms competitors.
Americans Want Support With Tax-Smart Strategies
More than half of those aged at least 55do not understand strategies to make their retirement income more tax efficient,...
Financial Advisers Hone In on Private Infrastructure Investments
Private equity remains the largest private markets investment by far, according to a Hamilton Lane survey.
Access Gaps Remain as State-Facilitated Retirement Plans Near $2B
Nearly half (47%) of U.S. private sector workers still lack access to workplace retirement plans, according to Georgetown University’s Center...
Employees Take Action After Financial Wellness Engagement
Employees experiencing extreme financial stress saw a 60% reduction after engaging with Finfit’s financial wellness tools.