Retirement

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That student loan crisis is about to get real, again
RETIREMENT PLANNING DEC 14, 2021
That student loan crisis is about to get real, again

Federal student loan borrowers have been clear that they are in no shape to start making payments again.

By Emile Hallez
Rich business owners rethink retirement amid pandemic
RETIREMENT PLANNING DEC 14, 2021
Rich business owners rethink retirement amid pandemic

More than half of the individuals and families surveyed by BNP Paribas and Aon said they're altering the timetable for stepping away from their companies, with 41% delaying or phasing more slowly into a move.

By Bloomberg
401(k) adviser M&A doubles last year's record
RETIREMENT PLANNING DEC 13, 2021
401(k) adviser M&A doubles last year's record

There will likely be at least 70 deals for retirement adviser firms before the end of the year, according to Wise Rhino Group.

By Emile Hallez
Hub notches 2 more benefits acquisitions
RETIREMENT PLANNING DEC 10, 2021
Hub notches 2 more benefits acquisitions

Hub is acquiring assets from Libertyville, Illinois-based Benefit Partners Group and Gold Sky Benefits.

By Emile Hallez
Energy firm Exelon sued over 401(k)
RETIREMENT PLANNING DEC 10, 2021
Energy firm Exelon sued over 401(k)

Law firms representing the plaintiffs cite fiduciary failures in moving to in-house funds and high fees for record keeping and managed accounts.

By Emile Hallez
2021: The year of the PEP
RETIREMENT PLANNING DEC 09, 2021
2021: The year of the PEP

It’s effectively a new market for the retirement plan industry, but it’s an incredibly big frontier.

By Emile Hallez
Goldman says young workers are plotting early retirements
RETIREMENT PLANNING DEC 08, 2021
Goldman says young workers are plotting early retirements

A full 25% of Gen Z respondents in a new survey say they plan to retire before the age of 55.

By Bloomberg
How different are retirement portfolios built by investors, advisers?
RETIREMENT PLANNING DEC 08, 2021
How different are retirement portfolios built by investors, advisers?

Except for a big investment in real estate, there wasn't that much divergence, a recent survey found.

By Emile Hallez
RPAs need a new name to reach the next level
RETIREMENT PLANNING DEC 08, 2021
RPAs need a new name to reach the next level

While 'retirement plan adviser' has been a good description of those who serve ERISA retirement plans, it's actually quite limiting to focus on the plan, rather than the participant.

By Fred Barstein
Some Social Security checks to decline in 2022 due to IRMAA
RETIREMENT PLANNING DEC 08, 2021
Some Social Security checks to decline in 2022 due to IRMAA

Medicare high-income surcharges combined with higher Medicare premiums will take a bigger chunk of retirement benefits in the new year.

By Mary Beth Franklin
Captrust buys $2.2 billion Rinet in 8th deal this year
RIAS DEC 08, 2021
Captrust buys $2.2 billion Rinet in 8th deal this year

Rinet executive says $2.2 billion in AUM is no longer enough to be competitive in the fast-consolidating RIA market.

By Jeff Benjamin
Supreme Court ponders future of ERISA fee litigation
RETIREMENT PLANNING DEC 07, 2021
Supreme Court ponders future of ERISA fee litigation

The Supreme Court justices hinted at different positions on whether Northwestern did a disservice to participants by having too many options.

By Emile Hallez
5 ways to add value with year-end tax planning conversations
IRA ALERT DEC 07, 2021
5 ways to add value with year-end tax planning conversations

As the end of the year approaches, here's a round-up of the best retirement tax planning ideas for 2021.

By Ed Slott
Hub buys $2.3 billion 401(k) consultant Fiducia Group
RETIREMENT PLANNING DEC 06, 2021
Hub buys $2.3 billion 401(k) consultant Fiducia Group

The insurance brokerage has been focused on expanding its presence in the retirement market, making numerous acquisitions and adding a service aimed at small businesses in March.

By Emile Hallez
Gomez would bring industry experience to DOL’s retirement plan oversight
RETIREMENT PLANNING DEC 06, 2021
Gomez would bring industry experience to DOL’s retirement plan oversight

The nominee to head Employee Benefits Security Administration could receive full Senate confirmation later this month.

By Mark Schoeff Jr.
Gensler sets fast pace, expansive policies at SEC with Democrats in control
REGULATION AND LEGISLATION DEC 06, 2021
Gensler sets fast pace, expansive policies at SEC with Democrats in control

The legislative highlight of the year was Democrats raising fewer taxes on the wealthy than anticipated.

By Mark Schoeff Jr.
Navigating the uncertainty around tax changes
RETIREMENT PLANNING DEC 06, 2021
Navigating the uncertainty around tax changes

Many advisers are telling clients to wait until the smoke clears on Capitol Hill before making major tax planning decisions.

By Mark Schoeff Jr.
Nonprofits to focus more on 403(b) savings, less on compliance, costs
RETIREMENT PLANNING DEC 03, 2021
Nonprofits to focus more on 403(b) savings, less on compliance, costs

PSCA found that more nonprofits want to provide financial wellness services to participants, as well as retirement income options.

By Emile Hallez
Adidas wins 401(k) lawsuit
RETIREMENT PLANNING DEC 03, 2021
Adidas wins 401(k) lawsuit

The plaintiffs failed to make any factual allegations about the Adidas plan sponsor’s process of selecting investments, the magistrate judge noted.

By Emile Hallez
Qualified Plan Advisors launches pooled employer plan
RETIREMENT PLANNING DEC 03, 2021
Qualified Plan Advisors launches pooled employer plan

The retirement plan consulting firm is partnering with Newport Group on the PEP, which it says will be available to employers of all sizes.

By InvestmentNews