The Colorado Public Employees’ Retirement Association has selected Empower Retirement to serve as record keeper for its defined-contribution plans.
Colorado's PERA manages more than $5 billion in assets for the state’s 95,000 public employees. It offers defined-benefit and defined-contribution plans to its members.
Some PERA members have the option to choose a defined-contribution plan instead of the defined-benefit plan. Additionally, PERA allows all members to save money toward retirement in optional 401(k) or 457(b) plans.
Empower is based in the suburbs of Denver, Colorado.
Daejon Love and Taylor Chan's $1.3 million romance fraud scheme exposes how AI search engines can be manipulated by fabricated online identities
“It was a third party scam,” said the attorney representing the claimants.
Meanwhile, &Partners draws another Commonwealth practice, and Wealthcare welcomes a $550 million planning practice in the Northeast.
Palo Alto AI platform recruits RIA and fintech leaders as industry data show AI adoption reshaping advisor staffing.
Meanwhile, Raymond James, Wedbush, and LPL recruited veteran advisors from across Texas, North Carolina, and California.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income