Product & Service Launches 9/4/25
Janus Henderson releases charitable investment accounts; SEI launches multi-strategy alternative ETF; and Zocks, Orion offer AI integration to provide portfolio...
News
Judge Backs Dismissal of AT&T PRT Complaint
A Massachusetts magistrate said former retirement plan participants had standing to sue AT&T and State Street Global Advisors but disregarded...
TDFs with Scheduled Retirement Payouts Up 25% Since 2024
Assets in target-date investments with embedded income features totaled $103 billion on June 30, according to Sway Research.
Goldman Sachs, T. Rowe Price to Collaborate, Bring New Investments to Market
Focusing on the retirement and wealth channels, Goldman will invest up to $1 billion in T. Rowe Price, and the...
Pontera, Manulife John Hancock Retirement Announce Collaboration
The companies are offering a secure platform for advisers to manage client workplace retirement accounts.
Madison Dearborn Buys NFP’s Wealth Business From Aon for $2.7B
The acquired businesses, expected to operate as one group moving forward, include Fiducient Advisors, Newport Private Wealth and Wealthspire Advisors.
Self-Directed 401(k) Accounts Grow During Volatile Q2
Charles Schwab found its average self-directed brokerage account balance rose 7.9% during Q2 2025.
Employer Groups Ask for Dismissal of Another PRT Case
Plaintiffs allege that Weyerhaeuser improperly transferred $1.5 billion in pension liabilities from its pension plan by purchasing annuity contracts.
Senior Couples Need $388k Saved for Health Care Costs: Milliman
A healthy 65-year-old couple will need $17,000 more in savings for total retirement health care costs than was needed in...
Advisory M&A News – 9/2/25
Former Merrill and Hightower advisers create an independent advisory firm in Connecticut; United Capital Financial Advisors acquires The Paul Group;...
House Appropriations Bill Seeks DOL, EBSA Budget Cuts
The subcommittee's fiscal year 2026 spending bill would trim the Department of Labor's budget by 28% and the Employee Benefits...
Rapid Growth in CITs Fueled by Small Plan Adoption
Collective investment trusts now hold nearly 30% of DC plan assets, rising from just 13% a decade ago; experts predict...
iJoin, Manifest Partner for Retirement Account Consolidation
The companies claim plan participants can find and transfer retirement accounts in under 10 minutes.
The Evolution of the DCIO Sales Model
Investment firms are increasing emphasis on developing relationships with CIOs and others responsible for approved fund lists and 3(38) programs.
Market Volatility Has Not Slowed 401(k) Growth
Studying 2.7 million workers’ 401(k) accounts, ICI and EBRI found a median balance of 25.9% annualized increase from 2019 to...
Lowest Earners Could Save Big with Federal Retirement Accounts
The Retirement Savings for Americans Act proposes federally run savings accounts that could help the bottom 10% of earners save...
SEC Fines Vanguard and Empower More Than $25M for Adviser Compensation Disclosure Failures
The two companies allegedly provided misleading statements and failed to disclose conflicts to retail and retirement plan investors, according to...
Retirement Industry Deals and People Moves – 8/29/2025
Churchill hires Michael Foley as head of institutional and Bill Stout leads private market strategy at Vanguard.
Nearly Half of Gen Z Workers Dip into Retirement Funds, Per Survey
Of the 46% of Generation Z workers who reported withdrawing money from their retirement funds, nearly half did so to...
Maximizing HSAs: What the OBBB Act Has Changed
Cat Torres, from Sentinel Group, discusses how recent developments have introduced new opportunities for HSA eligibility.