ESG investment options get little attention from participants in DC plans
June 20, 2022 12:00:00 AMThe few plan sponsors adding ESG investments to their menus are seeing little, if any, participant uptake, advisers say.
Hub International buys CSi Advisory Services
June 07, 2022 05:30:11 PMInsurance broker Hub International acquired retirement plan consulting firm CSi Advisory Services.
Progressive removes Fidelity midcap option from 401(k) plan
May 19, 2022 02:11:11 PMProgressive Corp. removed the Fidelity Mid-Cap Stock Fund from its 401(k) plan, moving the assets to an existing Vanguard option.
University of Nebraska to revamp 401(a), 403(b) investment lineups
May 02, 2022 02:52:41 PMUniversity of Nebraska System will overhaul the investment lineup of its 401(a) and 403(b) plans to reduce the number of options.
Record-kept assets surge; competition for growth heats up
April 25, 2022 12:00:00 AMP&I's annual record keepers survey reveals strong market-driven asset growth that disguises challenges for adding clients and participants.
Record-keeping industry has seen many changes in 10 years
April 25, 2022 12:00:00 AMConsolidation among the bigger record keepers will continue.
Auto portability seen as plug for 401(k) leaks
April 25, 2022 12:00:00 AMAuto portability could help solve one of the industry's most vexing problems, said its proponents — if only more record keepers signed on.
Window opens to increase ESG investments in DC plans
April 11, 2022 12:00:00 AMRetirement plan service providers are betting that demand for ESG investments in plan menus is set to grow.
Hub adds 401(k) Advisors to its roster
April 06, 2022 03:51:26 PMHub International acquired retirement plan services provider 401(k) Advisors, adding 30 plan sponsor clients with $1.3 billion in assets.
Goldman Sachs Asset Management to buy NextCapital Group
March 29, 2022 03:05:01 PMGoldman Sachs Asset Management has agreed to acquire managed account provider NextCapital Group.
Employers divided on DC plans' importance in hiring, retention – WTW
March 22, 2022 09:31:56 AMA survey found sponsors that view DC plans as important tools for retention and hiring have higher DC plan priorities than those that don't.
Litigation, ESG and longevity questions pondered at DC East
March 18, 2022 10:31:33 AMPlan sponsors and speakers at P&I's DC East conference in Orlando, Fla., sought clarity on top-of-mind concerns.
Pitch pennies, not percentages, to raise savings rate – study
March 14, 2022 12:00:00 AMPlan sponsors that want to help participants to save more for retirement might want to consider reframing the savings rate.
Financial wellness programs are not yet at optimal health
March 14, 2022 12:00:00 AMAs sponsors add financial wellness services, they must make sure these programs are effective and well-used by participants.
Columbia graduates to new 3-tier investment lineup
March 09, 2022 03:05:51 PMColumbia University will overhaul its investment options, creating lineups with record keepers TIAA-CREF and Vanguard Group.
Plan sponsors wary of defaulting employees to Roth contributions
February 28, 2022 12:00:00 AMWhile most plan sponsors choose pretax contributions when auto-enrolling workers, experts say they should consider Roth contributions, too.
NFP expands retirement business with AFS Advisors acquisition
February 25, 2022 11:02:12 AMInsurance broker NFP acquired AFS Advisors, adding 48 retirement plans with $4.7 billion in assets.
New retirement business chief to take reins at Principal
February 03, 2022 02:28:01 PMChris Littlefield, Principal Financial Group's general counsel, will lead the company's U.S. retirement business, effective April 1.
U.K. regulator releases code of conduct for collective DC plans
January 25, 2022 03:43:28 PMU.K. defined benefit fund sponsors interested in collective defined contribution plans received a draft code of conduct.
DOL letter, Intel ruling pave way for private equity in DC plans
January 24, 2022 12:00:00 AMWith new DOL guidance and a high-profile lawsuit dismissed, could 2022 be the year DC plan sponsors incorporate private equity?
Brokerage used to whet broader appetites for DC investments
January 24, 2022 12:00:00 AMEmployers are turning to brokerage accounts as retirement plan participants look for ESG and other less traditional investments.
CAPTRUST adds Portfolio Evaluations to its roster
January 14, 2022 03:06:42 PMCAPTRUST Financial Advisors acquired RIA firm Portfolio Evaluations.
PEP lookalikes launched to reduce costs, headaches
December 27, 2021 12:00:00 AMRetirement plan service providers are rolling out group offerings that look and feel like pooled employer plans.
Sponsors take closer look at lifting auto-escalation caps
December 13, 2021 12:00:00 AMIn a bid to boost retirement savings, plan sponsors are getting bolder with their auto-escalation caps.
Phoenix deferred comp puts MetWest on watch due to organizational changes
December 06, 2021 11:28:38 AMPhoenix Employees’ Deferred Compensation put MetWest Asset Management on watch because of an upcoming retirement at its parent company.