Displaying 8 results
Empower joins group providing portability of retirement savings
The Portability Services Network, a group that includes Alight, Fidelity and Vanguard, aims to automatically transfer retirement plan account balances when workers who've saved less than $5,000 change jobs.
Fidelity, Vanguard join forces to help workers move 401(k)s
The two retirement giants, along with Alight Solutions, are forming a consortium to automate the transfer of 401(k) accounts with balances below $5,000 when workers change jobs.
401(k) trading activity picked up in January
Amid last month’s volatile markets, 401(k) investors headed toward fixed income and away from equities.
Pandemic likely to have lasting effect on workplace benefits, survey shows
A third of people say they would quit rather than have to return to an office, a recent survey found.
Voya explores potential deal for newly public Alight
Voya has recently looked at purchasing benefits administrator Alight, according to people with knowledge of the matter, but it isn't clear whether the companies are in active talks.
Trading in 401(k) accounts at historic lows
More money flowed to equities than fixed income in the second quarter, according to data compiled by Alight Solutions.
Aon to sell U.S. retirement business
Aquiline is buying the unit, while Alight Solutions is buying Aon's Retiree Health Exchange business. The sales are aimed at winning government approval for Aon's merger with Willis Towers Watson.
Alight Solutions to go public by merging with SPAC
The deal with Foley Trasimene values Blackstone Group's benefits administrator at about $7.3 billion including debt. Blackstone bought the unit from Aon in 2017.
