Workers save for retirement despite pandemic challenges
Americans experienced a wide range of financial consequences during the pandemic. A new survey analyzes the financial impact of the pandemic on different generations
New DC aggregator appeals to independent RPAs
More RPAs are choosing to sell, in part to get referrals, especially if they are part of a benefits firm. But being part of a larger firm as an employee is not appealing to all.
OneDigital and Ascensus offering managed-account, financial wellness package
The insurance broker and the record keeper team up to create a product for small retirement plans.
Retirement plan advisers, claim your role
RPAs need to establish their position as retirement coach, plan architect and chief retirement officer.
RETIREMENT NEWS
Democrats press Labor Department for update on ESG rules
In a letter to Labor Secretary Marty Walsh, Democrats asked for an update on the DOL’s rule proposals on ESG criteria. Last year, the Trump administration DOL finalized two rules that tamped down on use of so-called nonpecuniary factors in investment selection.
House bill would simplify approval of registered index-linked annuities
A new SEC registration form tailored to the products would support innovation, the Insured Retirement Institute argues.
Biden’s nominee to head EBSA reflects aggressive rulemaking agenda
Lisa Gomez’s career is rooted in ERISA, and her keen understanding of the law would help the DOL as it seeks to implement new rules, lawyers said.
Empower Retirement sues Empower Geographics over web domain
The rights to the use of the empower.com domain are at the heart of the suit, which was filed in federal court in Illinois.
457(b)s: The solution to bad K-12 403(b) plans?
Teachers are eligible for a second supplemental plan. It’s called the 457(b), and it has several key advantages over the 403(b).
VIDEO
401(k) Real Talk: July 26
Fred Barstein reviews Empower’s purchase of Prudential Retirement; Vestwell’s capital raise; Allianz entering the retirement income game; and much more.
401(k) Real Talk: July 19
This week, Fred Barstein reviews coverage of a lawsuit over adviser compensation, a $97 million SEC settlement over rollover advice and more.
401(k) Real Talk: July 12
This week, Fred Barstein reviews coverage of aggregators buying more firms, wirehouses seeing customer satisfaction decrease and other news.
401(k) Real Talk: July 2
This week, Fred Barstein reviews news about pooled plan provider Smart raising $228 million, state auto IRAs leading to more business in the small-401(k) market and more.
401(k) Real Talk: June 25
This week, Fred Barstein reviews stories about a Stash acquisition, financial services employees returning to offices and more.