Record keepers are branching out into new areas of financial wellness to deepen relationships with plan sponsor clients.
Record keepers are working with plan sponsors to prompt participants to replenish their savings after taking COVID-related distributions.
Five new companies join BlackRock's Emergency Savings Initiative aimed at helping struggling Americans build a financial safety net.
For the 12 months ended Sept. 30, record keepers saw their assets swell to $8.21 trillion, up 9.6%.
OneDigital Investment Advisors acquired Future Benefits, a retirement plan consulting and wealth management services firm.
A more generous tax credit under the SECURE Act is pushing entrepreneurs to offer retirement plans.
Record keepers are racing to roll out adviser managed accounts to satisfy RIAs clamoring for the new product.
OneDigital acquired RIA firm Westminster Consulting, adding more than 70 retirement plan clients.
CAPTRUST Financial Advisors acquired retirement planning and wealth management services firm Pacific Investment Consultants.
Two pooled plan providers are wooing employers without 401(k) plans in a bid to establish themselves in the marketplace.
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.
OneDigital Investment Advisers has purchased Fulcrum Partners, an executive benefits consultant.
As Principal rushes its new pooled employer plan, it's looking to advisers to take a leading role in raising awareness of the option.
While many firms see great market potential in pooled employer plans, industry skeptics aren't so sure.
Hub International has acquired the assets of Boston-based Baystate Fiduciary Advisors.
Hub International acquired the assets of Leading Edge Benefits Advisors and its related retirement plan and wealth management affiliates.
Empower's acquisition of MassMutual's retirement business will allow the record keeper to sell its services to a bigger audience.
CAPTRUST Financial Advisors acquired the retirement plan advisory practice of Plante Moran Financial Advisors.
Plan sponsors are scrutinizing their target-date suites to see how well they withstood the March coronavirus sell-off.
Financial counselors have been in overdrive working with retirement plan participants as the pandemic continues to spread financial woe.
RIA firms are adopting adviser managed account platforms to expand participant advice services and gain competitive edge.
Assets in DC plans rose 18.1% in 2019, but where they land this year is virtually impossible to predict given the market volatility.
Financial institutions and other groups are pressing forward with the creation of pooled employer plans despite regulatory uncertainty.