To expand retirement access for nonprofit organizations and their employees, Ascensus has announced the launch of the “National Nonprofit 403(b) Pooled Employer Plan (PEP).” ...
The two firms announced on Tuesday that they have entered into a definitive agreement for Empower to purchase Milliman’s retirement administration business in a transaction that is expected to close ...
President Trump on Monday announced in a social media post that he will nominate Keith Sonderling to be the next Secretary of Labor.
Recent litigation has portrayed collective investment trusts (CITs) as “structurally opaque,” with “substantially fewer disclosure regulations” — but the Labor Department has just filed suit arguing ...
This is the time of year when you hear a lot of talk about the “unalienable” rights of “life, liberty, and the pursuit of happiness.” And while they weren’t written with retirement plans in mind — to ...
What, exactly, is a nonqualified deferred compensation plan? Simple. “It’s anything that’s not qualified,” Jeff Acheson bluntly stated, before adding that nonqualified plans allow pretax compensation ...
Welcome to week two of Summit topic voting, where you weigh in on the topics covered! The agenda for the NAPA 401(k) Summit is put together for advisors by advisors, and as always, we’ve teed up a ...
The Department of Labor (DOL) on June 17 issued guidance clarifying whether newly created Trump Accounts and employer contribution arrangements associated with them are subject to ERISA.
To give financial advisors a single, research-driven way to access private markets, Morningstar announced on Wednesday that its Wealth division is working with Apollo, Franklin Templeton and J.P.
To better serve clients, deepen partnerships, and drive long-term growth, the Baltimore-based firm on Monday announced a series of strategic enhancements to its U.S. institutional business model.
As participants and plan sponsors seek better retirement outcomes, a new survey from the asset management firm shows growing demand for investment capabilities beyond traditional savings strategies, ...
What retirement plan providers want, and what plan participants need, often clash in the quest for greater personalization. What does the data actually say about recent innovation in the 401(k) space, ...