Record keepers are racing to roll out adviser managed accounts to satisfy RIAs clamoring for the new product.
Hub International acquired the assets of Leading Edge Benefits Advisors and its related retirement plan and wealth management affiliates.
Executives of seven DC plan sponsors were honored for excellence and innovation at Pensions & Investments' DCW Virtual Series.
Empower's acquisition of MassMutual's retirement business will allow the record keeper to sell its services to a bigger audience.
Oklahoma Public Employees Retirement System reported a gross return of 4.5% for the fiscal year ended June 30, below its benchmark.
Mississippi Public Employees reported a gross return of 3.35% for the fiscal year ended June 30, missing its 4.27% benchmark.
Financial counselors have been in overdrive working with retirement plan participants as the pandemic continues to spread financial woe.
The Oklahoma Firefighters Pension & Retirement System posted a net return of 4% for the fiscal year ended June 30.
Vermont Pension Investment Committee reported a preliminary fiscal year net return of 4% for the Vermont State Retirement Systems.
Oklahoma Teachers' Retirement System posted a preliminary net return of 1.3% for the fiscal year ended June 30, below its benchmark.
Nevada Public Employees' Retirement System posted a preliminary net return of 7.2% for the fiscal year ended June 30, topping its benchmark.
RIA firms are adopting adviser managed account platforms to expand participant advice services and gain competitive edge.
Oklahoma Police Pension & Retirement System posted a preliminary net return of 1.9% for the fiscal year ended June 30.
Phyllis Borzi, former assistant secretary of labor, wins PSCA's lifetime achievement award for 2020.
MGIC allays its unease over COVID withdrawals by making one-one-counseling available to participants.
Participants in 401(k) plans who invest solely in target-date funds could realize up to 50% more retirement wealth over 30 years.
Animation, humor and personalized messaging proved to be winning strategies for many of the 66 Eddy Award recipients honored this year.
The SECURE Act will strengthen DC participants’ retirement, while COVID-19 tests savers’ resolve, speakers at P&I’s DC East conference said.