The deal gives Smart a massive boost in managed accounts and personalized services for its future clients. Hub and NFP also announced deals Thursday.
Over the last 25 years, legislative changes have increased retirement assets but disproportionally benefited the wealthy, with average inflation-adjusted savings for low-income people declining, according to the recent paper.
Survivors are subject to an earnings limit if they claim the benefit before reaching full retirement age.
403bwise is using a traffic-light rating system as it starts to assess the retirement plans that school districts offer teachers.
The conversation with a participant is not about selling a product. It’s about listening, identifying needs and solving problems.
The deal, which closed Dec. 31, includes the acquisition of Trust Company of Illinois, which is a subsidiary of Chicago-based TC Wealth.
In a recent supplement to a 2020 letter, the agency made clear that it does not endorse the use of private equity in defined-contribution plans.
With simulations showing extreme projected portfolio outcomes, some financial advisers won't even use Monte Carlo modeling for their younger clients for fear of looking silly.
The agency has not set a reentry date for in-person appointments, although some executives have returned to their offices as of December.
Most retirees are likely forced to cut down costs due to insufficient savings, a new paper from the Center for Retirement Research found.
Gov. Jay Inslee says legislators need time to refine the program, the Washington Cares Fund.
The case alleges fiduciary breaches based on the existence of cheaper investment options on the market than those used in the plan.
One of the lead plaintiffs in the class-action case appears to be the company’s former regional vice president of retirement sales.
CIOs from the leading DC record keepers, aggregators and broker-dealers discussed their greatest opportunities and challenges.
There's good and bad news on the horizon, including the biggest annual cost-of-living increase in 40 years, but also an offsetting rise in Medicare premiums.
A bug earlier this year let plan sponsor clients view outside participants' data, and one man claims he and others suffered consequences.
As the pandemic and possible tax law changes lead more Americans to think about their estate plans, advisers should take the opportunity to discuss estate planning and trusts with their clients.
The agency received a trove of public comments on its proposed ESG changes, and many were penned by people concerned about a perceived liberal agenda.
The principals of GRP Financial California will join Hub’s private wealth business.
Federal student loan borrowers have been clear that they are in no shape to start making payments again.
