The Chicago-based firm is acquiring Fiduciary Investment Advisors, creating a company with $180 billion in combined assets under administration
Vanguard still accounts for 37% of the market for target-date funds, Morningstar data show
The seldom used accounts, available in most employer-sponsored plans, could see increased interest given the elimination of the stretch IRA
OneDigital's acquisition of Resources Investment Advisors includes $45 billion in assets under administration
The deal brings the massive benefits broker into the retirement plan market
Bankers help wealthy clients use planes and other assets as collateral
The Financial Services Institute and an insurance group are among those varying from their pace in previous cycles
The data and ratings firm is acquiring an index and information service that could be of interest to retirement plan advisers
The SECURE Act raised the age to 72 from 70 1/2; another bill would boost it to 75
In the wake of the SECURE Act, most people who inherit IRAs will be subject to a 10-year rule
Most Americans are aware they save too little for retirement, giving themselves a letter grade of "C" or lower
The massive changes to the rules around retirement savings are creating opportunities for advisers
Be on the lookout for more firms to offer income solutions that don’t require investors to sell assets at a large cost
Kerry Wills also accepted $19,500 in luxury travel gifts he didn’t disclose
Three salesmen barred for selling the Woodbridge Ponzi scheme still have state licenses to sell insurance
But that could change under a new proposal that would scrap the current system, which taxes estates, and instead require heirs to pay income tax on the money they receive
Retirement plan participants who traded in their accounts in 2019 largely moved out of stock funds and into fixed income
Banks and insurers could be early movers, and there will be opportunities for advisers to scale their businesses
Its new guaranteed-income annuity is the first to invest solely in target-date funds
Ten plaintiffs have teamed up in a class action alleging that the insurer misled contract holders about the performance of its proprietary indexes
