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Emile Hallez

Emile Hallez is ESG editor at InvestmentNews. Previously he was U.S. news editor for ESG Clarity, covered retirement at InvestmentNews, and worked as a reporter and associate editor at Ignites, a Financial Times publication. Prior to his work in financial journalism, he cut his teeth as a reporter at Evergreen Newspapers, a small chain of community papers in Colorado. Going back even farther in time, he worked as a technician at a tissue bank, making bone, soft tissue and skin grafts. Emile is passionate about cycling, rock climbing, and environmental and animal rights issues. He can often be found exploring the woods of Maine with his wife, Meika, and rescue mutts Piper and Buckey.

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Ric Edelman stepping down from current role at Edelman Financial Engines

Edelman will stay on as a strategic adviser, a board member and the firm’s largest individual shareholder. Currently, he serves as the firm's chairman of financial education and client experience.

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Plans, savers more aware of retirement income, but will demand follow?

Among retirement plan participants, about 90% said they are interested in retirement-income products and that having guaranteed income would be a plus, according to a BlackRock survey.

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John Hancock, Lowe’s 401(k) settlements each more than $10M

John Hancock and Lowe's are paying millions to settle class-action claims, while a new lawsuit was filed against Northern Trust that rehashes old claims.

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OneDigital acquires Fiduciary Plan Advisors

The deal adds $6 billion in retirement plan assets under advisement among 200,000 participants to OneDigital’s book. It follows seven other purchases the Atlanta-based company has made so far this year.

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Congress’ inaction on Social Security could cost clients 2 months’ pay

The estimate of lost income, due to planning mistakes alone, is separate from actual cuts to benefits, according to a recent academic paper.

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If rates stay low, expect retirement security to take a hit

Some of the factors that have led to the current low-interest-rate environment could remain in play for years, according to an analysis of existing research recently published by the Society of Actuaries.

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Patrick Murphy steps down as CEO of John Hancock Retirement

Sue Reibel, who joined Hancock’s parent firm in 1994, will be named chief executive of the firm and was most recently the global head of Manulife Investment Management retirement.

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DOL is pursuing fewer cases — but much bigger payouts

Last year, the Department of Labor closed less than a third of the number of cases it did in 2014, but total recoveries were six times higher.

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State Street sued over 401(k); Columbia settles for $13 million

The State Street plan did not include the lowest-cost share classes of the Target Retirement Securities Lending series, and there were some options from third parties with stronger performance records, according to the complaint.

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Early CalPERS Long-Term Care clients squeezed by rate hikes

Two impending hikes that would boost premiums for existing CalPERS Long-Term Care insurance customers by 90% make coverage hard to justify, one policyholder said.