Administration August 9, 2024

DOL to Launch Revamped Federal Benefits Website

The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social Security and Medicare.

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The Department of Labor and the General Services Administration are launching a revamped federal benefits website in September in a move to centralize information and resources.

Going forward, the Benefits.gov website that includes information on Social Security, Medicare, education loans and disaster relief will move to USA.gov and USAGov en Español (USA.gov/es) for Spanish speakers, according to a notice issued August 7.

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Benefits.gov, hosted by the DOL since 2002, will shut down in September. The departments are making the move to meet Executive Order 14058, which calls on federal department to “simplify both public-facing and internal processes to improve efficiency, and empower the Federal workforce to solve problems.”

USA.gov will be redesigned to provide:

  • One location for benefits information;
  • USA.gov Benefit Finder for users to find programs and determine eligibility; and
  • Category-based navigation that organizes benefits information by specific types. 

Benefits.gov, run by the DOL, has been used by more 220 million people for information regarding 1,100 government benefits.

The GSA is a department focused on the basic support and management of government agencies.

Deals and People August 9, 2024

Retirement Industry People Moves

John Hancock adds 2 trustees to its funds board; Prime Capital Financial appoints new regional wealth management lead; CFP Board names new managing director; and more.

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John Hancock Appoints 2 Trustees to Funds Board 

William Bacic

John Hancock Investment Management announced that two new trustees, William Bacic and Thomas Wright, will join the firm’s board of trustees of the John Hancock Group of Funds, effective immediately.

Bacic is a retired certified public accountant and previously served as New England managing partner in Deloitte & Touche, as well as a member of that firm’s U.S. executive committee. He also served as the lead partner working with the firm’s largest financial services companies, primarily focused on the investment management industry and mutual funds.

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Thomas Wright

Wright is a retired chief operating officer of JMP Securities of the JMP Group and a former director of equities and executive committee member. He has also served as the global head of trading and head of European equity trading and sales trading at an investment bank and asset manager and has substantial securities industry and international trading and markets expertise.  

Kwan Joins Prime Capital Financial 

Felix Kwan

Prime Capital Financial announced the addition of Felix Kwan to lead its wealth management division in Northern California. 

Kwan joins Prime Capital Financial from Edelman Financial Engines, where he managed more than $260 million in assets as an executive director. He also previously spent six years at Fidelity Investments, where he served as vice president in the private client group and advised high-net-worth and ultra-high-net-worth clients.  

“Felix’s deep industry knowledge and unwavering dedication to his clients make him an invaluable addition to our team,” said Glenn Spencer, Prime Capital Financial’s CEO, in a statement. “His proven track record of success, particularly with clients in the tech and healthcare industry, demonstrates his ability to navigate complex financial landscapes and provide tailored solutions.” 

CFP Board Appoints New Managing Director of Program Development 

Jillien Meier

The CFP Board announced Jillien Meier as its managing director of program development.

Meier will lead the creation, innovation and delivery of CFP Board programs, products and services that advance the financial planning profession for the benefit of the public. She brings more than a decade of experience developing successful nonprofit programs and campaigns. 

As managing director, Meier oversees initiatives to support CFP professionals and increase the diversity of the financial planning profession. She is responsible for conference and event programming, as well as  developing content through online and print channels. Meier also serves as the executive sponsor to the Women’s Initiative (WIN) Council and the CFP’s Diversity Advisory Group. 

Since 2012, Meier had worked at Share Our Strength, where she developed and implemented a national partnerships strategy and pioneered new programming approaches.  

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