Retirement

Displaying 11577 results
Bessemer Trust sued over 401(k) plan
RETIREMENT PLANNING FEB 02, 2022
Bessemer Trust sued over 401(k) plan

The lawsuit argues the company’s use of its own Old Westbury line of mutual funds in the plan benefited Bessemer at the expense of plan participants.

Caribou lands $3 million to manage health care costs for clients
RETIREMENT PLANNING FEB 02, 2022
Caribou lands $3 million to manage health care costs for clients

The health care planning fintech is aiming to make complex health insurance decisions easier by collecting data about clients’ plans, usage and medications to find the best possible strategies.

Hub acquires assets of West Coast RIA
RIAS FEB 02, 2022
Hub acquires assets of West Coast RIA

Kornerstone, based in Chico, California, manages $560 million.

Social Security faces a customer service backlog
RETIREMENT PLANNING FEB 01, 2022
Social Security faces a customer service backlog

Expect delays as the Social Security Administration's field offices reopen to the public after closing in March 2020 amid the pandemic.

Quitting work is great, but don't forget about saving
RETIREMENT PLANNING JAN 31, 2022
Quitting work is great, but don't forget about saving

The Great Resignation continues to produce record quit rates, which makes it a good time to think about 401(k)s and other job benefits.

Georgia court refuses to dismiss 401(k) suit, citing SCOTUS Northwestern decision
RETIREMENT PLANNING JAN 31, 2022
Georgia court refuses to dismiss 401(k) suit, citing SCOTUS Northwestern decision

The case filed against the Columbus Regional Health System cited breaches similar to those alleged in the Northwestern case, such as offering retail share classes of mutual funds instead of lower-cost institutional shares.

Firm spices up Bitcoin IRA option with in-app game
RETIREMENT PLANNING JAN 28, 2022
Firm spices up Bitcoin IRA option with in-app game

Choice is adding a Price-Is-Right-style game that rewards account holders with small amounts of Bitcoin that are added to their retirement savings.

Lincoln partners with CHIP to broaden access to advice
LIFE INSURANCE AND ANNUITIES JAN 28, 2022
Lincoln partners with CHIP to broaden access to advice

The firm's African American Financial Professionals Network will use tools provided by Changing How Individuals Prosper, an online referral network.

Franklin Templeton picks Ascensus for its managed account offering
RETIREMENT PLANNING JAN 28, 2022
Franklin Templeton picks Ascensus for its managed account offering

Fund firm will use tools to increase personalization of its retirement accounts.

Annuity sales rose 16% last year
LIFE INSURANCE AND ANNUITIES JAN 27, 2022
Annuity sales rose 16% last year

Data collected by the Secure Retirement Institute show gains in all annuity categories in 2021.

Reassessing the 2022 Medicare premium hike
RETIREMENT PLANNING JAN 27, 2022
Reassessing the 2022 Medicare premium hike

Advocates are urging the feds to lower the record hike in the Part B monthly premium for 2022 now that the price of a new Alzheimer's drug has been halved and its use is under review.

$2 billion in GWG junk bonds sold by advisers are under pressure
ALTERNATIVES JAN 26, 2022
$2 billion in GWG junk bonds sold by advisers are under pressure

GWG Holdings Inc., an investor in life settlements, missed $13.6 million in payments this month to investors in its L Bonds.

More DC plan lawsuits and settlements, from several litigators
RETIREMENT PLANNING JAN 26, 2022
More DC plan lawsuits and settlements, from several litigators

Law firms Miller Shah and Capozzi Adler have been busy filing cases against retirement plan sponsors, and that's been paying off for them.

Sudden market volatility has advisers preaching calm to newer investors
RIAS JAN 26, 2022
Sudden market volatility has advisers preaching calm to newer investors

As the next generation of investors comes on board, advisers are repeating the age-old mantra about not panicking in response to market swings.

Legislation could cut retirement savings gap by 25% or more: EBRI
RETIREMENT PLANNING JAN 25, 2022
Legislation could cut retirement savings gap by 25% or more: EBRI

The analysis found that a federal auto-IRA, improved Saver's Credit and other proposed changes would have a substantial impact on retirement preparedness.

What inflation could mean for annuities
RETIREMENT PLANNING JAN 24, 2022
What inflation could mean for annuities

Many people are likely wondering how heightened inflation will affect their retirement goals, including the role of insurance products they already own or are considering.

SCOTUS vacates Northwestern rulings
RETIREMENT PLANNING JAN 24, 2022
SCOTUS vacates Northwestern rulings

In a decision that's almost certainly unwelcome news for retirement plan sponsors, the Supreme Court said lower courts paid too much attention to whether the university's inclusion of some low-cost options in its plans is sufficient to show fiduciaries abided by their duties.

Wealthspire kicks off rebranding efforts in wealth management build-out
RIAS JAN 24, 2022
Wealthspire kicks off rebranding efforts in wealth management build-out

Lenox Wealth Advisors became Wealthspire over the weekend, with Private Capital Group and Private Ocean the next firms under NFP's umbrella to see name changes.

TriNet switches 401(k) plan to Empower
RETIREMENT PLANNING JAN 24, 2022
TriNet switches 401(k) plan to Empower

The move will allow TriNet to provide more website capabilities and additional call center hours to plan participants.

To rethink our retirement ‘system,’ go Down Under
RETIREMENT PLANNING JAN 24, 2022
To rethink our retirement ‘system,’ go Down Under

While American policymakers tend to ignore the approaches of other nations, looking at the Australian experience might make sense.