Revenue sharing is declining among DC plans due to a push for lower fees plus the risk of lawsuits and higher insurance costs.
CAPTRUST Financial Advisors entered into an agreement to buy RIA firm Ellwood Associates.
Digital plan providers looking for business see a big door opening as more states implement auto-IRA savings programs.
Corporate 401(k) plans continued to emphasize cost savings in evaluating their fund lineups in 2020, 11-K filing data show.
CAPTRUST Financial Advisors acquired RIA firm Nachman Norwood & Parrott Wealth Management, which advises some 50 plan sponsors.
With its addition completed, State Street Global Advisors now manages about $57 billion for the Federal Retirement Thrift Investment Board.
Goldman Sachs removed two mutual funds from the investment options lineup of its 401(k) plan in 2020.
Record keepers are branching out into new areas of financial wellness to deepen relationships with plan sponsor clients.
The move by Vanguard and T. Rowe Price to outsource record-keeping technology management is seen as a harbinger of things to come.
The U.K. government's attempt to encourage DC investment into alternatives is missing a major issue: managers fees are still too high.
The 401(k) plans offered by multiple-employer plans are being challenged by participants who claim ERISA violations in plan management.
Lockheed Martin has changed its DC lineup to simplify choices, add equity exposure and encourage retired employees to keep assets in-plan.
Record keepers are racing to roll out adviser managed accounts to satisfy RIAs clamoring for the new product.
A PIMCO survey found that improving financial wellness programs is a top priority this year for smaller defined contribution plans.
Retaining retirees' assets is a rising trend among defined contribution plans, according to a PIMCO survey of DC consultants.
Pentegra launched a pooled employer plan — called A Better 401(k) Plan — that it is marketing through advisers.
Four years after launching, the first state-sponsored private-sector retirement plan has reached a milestone in assets, a spokesman said.
Wisconsin Deferred Compensation Program will remove the American Beacon Bridgeway Large Cap Value Fund from its investment lineup.
CAPTRUST Financial Advisors acquired retirement planning and wealth management services firm Pacific Investment Consultants.
In the target-date asset arena, collective investment trusts are growing faster than their still-larger mutual fund peers.
Voya has reshuffled its leadership team as part of its strategy to broaden its retirement plan business.
The issues facing women in saving for retirement dominated discussions at P&I's DC Spring Virtual Series.
Matt Wolniewicz was named president of Income America, overseeing strategy and coordinating the efforts of the firm's partners.
Dragon Capital VietFund Management has launched Vietnam's first private sector retirement savings vehicle.
CAPTRUST Financial Advisors acquired Cammack Retirement Group, marking CAPTRUST's 47th acquisition since 2006.