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The company contends its PEP offers greater levels of efficiency, as it can be integrated with the Paychex payroll.

Political results and the Tax Cuts and Jobs Act could affect year-end planning decisions for those holding stock.

Domini Impact Investments releases mutual fund and ASI launches several ESG-focused funds.

While Bank of America had offered a managed account solution with Morningstar as the investment manager, this is the first time it is using a retirement planning solution...

Plans set up in December can also include an initial 401(k) contribution from the business owner.

Called Transamerica DB Complete, it aims to bring together all aspects of managing a defined benefit plan.

The firm is also offering plan participants a 90-day trial period of its managed account solution.

Conning adds Climate Risk Reporting and Scenario Service; Morningstar integrates ESG factors; and T. Rowe Price establishes separate investment management group.  

Newport Group will be the recordkeeper for the pooled employer plan.

The firm is targeting its pooled employer plan at startups and companies with up to $10 million in retirement plan assets.

The firm says its new platform is meant to make it easier to handle retirement plan distributions.

Northern Trust updates investor portal for alt asset managers, SSGA introduces corporate bond ESG ETF, and Mercer launches climate transition analytics solution.

The company says it hopes to enable people to create a monthly budget for spending and saving, including emergency funds.

Recordkeeping for the new pooled employer plan will be provided by Empower Retirement.

Terms of the transaction were finalized on September 25. 

The investment firm has also added personalized financial wellness digital capabilities.

In December, Nationwide will introduce a new in-plan fixed indexed annuity to provide principal protection with potential for growth based on the return of an index.

Vanguard adds Sprucegrove to oversee value fund; Bloomberg incorporates MSCI's ESG ratings; and PFM introduces Stable Value Diverse Manager strategy. 

Transamerica will be the recordkeeper for the new plan and offer specialized recordkeeping specific to each adopting employer.