The few plan sponsors adding ESG investments to their menus are seeing little, if any, participant uptake, advisers say.
Insurance broker Hub International acquired retirement plan consulting firm CSi Advisory Services.
Progressive Corp. removed the Fidelity Mid-Cap Stock Fund from its 401(k) plan, moving the assets to an existing Vanguard option.
University of Nebraska System will overhaul the investment lineup of its 401(a) and 403(b) plans to reduce the number of options.
P&I's annual record keepers survey reveals strong market-driven asset growth that disguises challenges for adding clients and participants.
Consolidation among the bigger record keepers will continue.
Auto portability could help solve one of the industry's most vexing problems, said its proponents — if only more record keepers signed on.
Retirement plan service providers are betting that demand for ESG investments in plan menus is set to grow.
Hub International acquired retirement plan services provider 401(k) Advisors, adding 30 plan sponsor clients with $1.3 billion in assets.
Goldman Sachs Asset Management has agreed to acquire managed account provider NextCapital Group.
A survey found sponsors that view DC plans as important tools for retention and hiring have higher DC plan priorities than those that don't.
Plan sponsors and speakers at P&I's DC East conference in Orlando, Fla., sought clarity on top-of-mind concerns.
Plan sponsors that want to help participants to save more for retirement might want to consider reframing the savings rate.
As sponsors add financial wellness services, they must make sure these programs are effective and well-used by participants.
Columbia University will overhaul its investment options, creating lineups with record keepers TIAA-CREF and Vanguard Group.
While most plan sponsors choose pretax contributions when auto-enrolling workers, experts say they should consider Roth contributions, too.
Insurance broker NFP acquired AFS Advisors, adding 48 retirement plans with $4.7 billion in assets.
Chris Littlefield, Principal Financial Group's general counsel, will lead the company's U.S. retirement business, effective April 1.
U.K. defined benefit fund sponsors interested in collective defined contribution plans received a draft code of conduct.
With new DOL guidance and a high-profile lawsuit dismissed, could 2022 be the year DC plan sponsors incorporate private equity?
Employers are turning to brokerage accounts as retirement plan participants look for ESG and other less traditional investments.
CAPTRUST Financial Advisors acquired RIA firm Portfolio Evaluations.
Retirement plan service providers are rolling out group offerings that look and feel like pooled employer plans.
In a bid to boost retirement savings, plan sponsors are getting bolder with their auto-escalation caps.
Phoenix Employees’ Deferred Compensation put MetWest Asset Management on watch because of an upcoming retirement at its parent company.