SmartRetirement Plus will pair J.P. Morgan's target-date funds with AIG's IncomEdge Control annuity to meet the needs of plan participants who would like to receive regular monthly income in retirement.
Providers cannot hope to create a sales force that competes with the 25,000 RPA specialists and hundreds of thousands of RIAs that dabble. But once the plan is sold, who has the right and ability to monetize the participants?
The guide has new information about the Department of Labor’s forthcoming regulations, which are expected to effectively reverse rules implemented last year that had a chilling effect on the use of ESG in 401(k)s.
The pop star’s attorney calls the court filing a ‘vindication’ of her efforts to regain independence.
Under the legislation, which could become part of the $3.5 trillion budget bill working its way through Congress, employers that don't offer a retirement plan would have to establish an auto-IRA or 401(k) for their workers.
Millennium Advisory Services provides financial planning and advice to employees of colleges and universities, as well as to endowments and foundation boards.
The basketball legend is among the investors participating in an $11.6 million funding round for Vanilla, which was founded by Steve Lockshin in 2019 to fully digitize estate planning for registered investment advisers.
Rob Foregger, who led the establishment of the fintech firm in 2013, left his day-to-day responsibilities at the company in May, but is still a shareholder and adviser.
Defendants in the long-running case have been ordered to pay restitution to more than 200 plans. Assets were allegedly siphoned from benefits payments to buy property and used for other personal expenses.
The former lieutenant governor of Maryland has been one of the driving forces in that state's forthcoming auto IRA program.
Plan sponsors are clamoring for solutions to help employees with their financial issues. Student loans and emergency savings programs are two easy, simple and impactful ways that the DC industry can help.
Luma Financial Technologies' new tool, Luma Compare, lets advisers compare a variety of products.
A North Carolina Bankruptcy Court decided that inherited 401(k) accounts do indeed receive creditor protection under ERISA as long as the funds are still in the plan at the time of the bankruptcy filing.
The 2021 Trustees Report shows the trust funds will run dry in 2034 as a result of the economic fallout from the pandemic.
The average account balance was more than $348,000, up from nearly $287,000 a year prior, according to a new study. Brokerage accounts are favored by investors who want to be more active in managing their retirement assets.
Cooper, the company's chief investment officer, succeeds Dennis Glass, who has been chief executive since 2007.
David Foster found his niche when he realized how difficult it was to make sure his donations were having the desired impact.
Despite the difficulty of the conversation, clients are most often receptive to planning for health problems later in life, including diminished mental capacity.
Two clients complained to LPL about annuity contracts that differed from the ones they agreed to purchase, according to the regulator.
The long-delayed report, which is due every year no later than April 1, is expected this week and should highlight the pandemic's impact on program funding.
