Administration | March 28th, 2024 Ascensus Adding $3.9B to Recordkeeping Assets with Acquisition Purchase will bring in-house Mutual of Omaha's 401(k) business, to which it had provided outsourced services for years.
Products | February 21st, 2024 TIAA In-Plan Retirement Income Option Reaches $30B Assets in RetirePlus jump to $30 billion from $10 billion in 24 months as demand grows for guaranteed lifetime income.
Compliance | February 13th, 2024 DOL’s EBSA Recovered $1.4B for Retirement, Health Plans in 2023 Regulator cites growth of outreach and education programs along with monetary recoveries among last year's accomplishments.
Benefits | February 12th, 2024 20 Years in, EFE Has Grown to $210B in Managed Account Assets The provider says the pace of asset growth is speeding up, nearly tripling from $88 billion a decade ago.
Data and Research | December 7th, 2023 Inflation, Credit Card Debt Drives Up 401(k) Loans, Hardship Withdrawals Empower’s annual report mining data from 5.3 million workplace plan participants shows saver strains amid ‘steady’ deferral rates.
Benefits | November 28th, 2023 Plan Sponsors Face In-Plan Annuity ‘Tipping Point’ in 2024 An average of three out of four plan sponsors plan to make a decision on in-plan annuity income solutions by...
Products | November 7th, 2023 OneDigital, Principal Collaborate On 401(k) For Small Businesses The offering aims to help with setting up and managing a retirement plan.
Products | May 7th, 2019 Unified Trust Creates 401(k) Rollover Education Platform Current Unified Trust plan participants can see their rollover options, as well as a breakdown of benefits, fees, and service...
Products | January 30th, 2018 John Hancock Creates Financial Wellness Tool to De-stress Participants The tool aims to relieve anxiety caused by personal finance woes.