The number of plan sponsors looking to drop their advisers more than doubled in the past year.
Empower's planned acquisition of Prudential's retirement business will solidify its position as the nation's No. 2 record keeper.
Assets in defined contribution plans climbed to new highs in 2020, thanks almost entirely to stock market gains.
Unum Group added a managed retirement fund to its 401(k) plan and paired it with automatic withdrawal options.
Record keepers are branching out into new areas of financial wellness to deepen relationships with plan sponsor clients.
Most plan sponsors have at least one retirement plan committee, according to the Plan Sponsor Council of America.
Record keepers are working with plan sponsors to prompt participants to replenish their savings after taking COVID-related distributions.
For the 12 months ended Sept. 30, record keepers saw their assets swell to $8.21 trillion, up 9.6%.
Record keepers are racing to roll out adviser managed accounts to satisfy RIAs clamoring for the new product.
Despite economic challenges posed by the coronavirus pandemic, most retirees are confident in the ability to live comfortably in retirement.
Two pooled plan providers are wooing employers without 401(k) plans in a bid to establish themselves in the marketplace.
Vermont lawmakers are pushing a plan to reduce a widening shortfall in the state's retirement systems for teachers and state employees.
COVID-19 hit health-care sector retirement plans particularly hard, with nearly half of such sponsors polled suspending 401(k) plan matches.
The issues facing women in saving for retirement dominated discussions at P&I's DC Spring Virtual Series.
Plan consultants and advisers will pay a pivotal role in the development of the pooled employer plan market.
Taking time off to take care of children can put a serious dent in workers’ long-term retirement savings.
Gabriel Altbach joined Voya Investment Management as managing director and chief marketing officer, replacing Rebecca Kniesel.
Fidelity Investments introduced a pooled employer plan for small employers looking to offer a 401(k) plan for the first time.
Mississippi Public Employees' Retirement System terminated Longview Partners from a $756 million global equity portfolio.
State-run retirement plans are scrambling to prevent savers from experiencing net negative returns in default money market funds.