Displaying 31 results
Don’t say ‘fiduciary rule’; DOL terms next attempt a ‘retirement security’ reg
'We are trying to protect retirement savers,' says DOL assistant secretary Lisa Gomez. 'This is a new approach. Stay tuned.'
Nebraska team managing more than $600M switches to LPL Financial
Omaha-based Pat Ricketts and Mindy Helfrich were previously affiliated with Principal Securities
Millennial, Gen Z ‘super savers’ still bullish on hitting retirement goals
Nearly 75% of millennial and Gen Z retirement savers who defer close to the IRS maximum are optimistic about meeting their savings goals and retiring comfortably, a Principal survey shows.
Insurers to suppliers: Time to get with the DEI program
As corporations strengthen efforts to diversify their cultures, employee population, recruiting, and community service, suppliers must realize that they are part of that values alignment, too.
Can your DC plan take a punch?
Record inflation and 401(k) statement shock could send some retirement plans down for the count.
Inflation causes shift in retirement priorities
Workers now see maintaining their current standard of living as their top financial priority in retirement, replacing more lavish plans, according to a new study.
Inflation a concern for those approaching retirement
More than half of investors expect inflation to increase this year, and 61% think the combination of low rates and rising price pressures will make it tougher to create a retirement income stream.
More businesses plan to increase employee benefits
Telehealth was the benefit that the most firms plan to increase, while 60% of those surveyed currently offer financial wellness.
Principal partners with Edelman Financial Engines to offer participant advice
Employees of select large client plans can use an array of tools and speak with an adviser.
Principal, MetLife assume a $1.2 billion pension obligation
Retirees in the pension plan of Philips North America will receive the same monthly benefit.
Principal launches strategic review after settlement with Elliott
The activist investor reportedly is pushing Principal to focus more on its wealth management operations and less on the life insurance business.
Pandemic behind 401(k) sales slump, client retention bump
Plan sponsors were slow to change record keepers during the second quarter and some even waived fees, according to Principal Financial Group
Bombshell 401(k) lawsuit ruling sends Principal back to court
An appeals court found that Principal was a fiduciary to a plan that used its Principal Fixed Income Option, contrasting with a recent decision in a suit against Great-West
Insurers pivot amid declining interest rates
American Equity, American Financial Group, Lincoln National and Principal say lower interest rates are leading to reduced annuity payouts and, in some cases, lower sales.
Principal-Wells Fargo retirement deal hints at fee compression
Principal paid less than other firms that have acquired large retirement businesses in the past decade and a half, according to an InvestmentNews analysis.
Principal to buy Wells Fargo retirement unit for $1.2 billion
Transaction is part of Wells' effort to streamline its operations in the wake of scandals.
Factor investing gets a reboot as ebbing demand bites at ETFs
ETF providers are trying to woo investors with all-in-one funds that pull together several factors.
Principal-Wells Fargo retirement deal would be among largest ever
Acquisition would be in line with trend of record keepers seeking to gain scale to combat fee reduction.
Principal Financial acquires digital advice startup RobustWealth
The deal improves Principal's technology offering and opens a distribution channel to independent advisers.
Principal sued for stacking its TDFs with proprietary funds
The firm allegedly used high-cost, underperforming index funds in its hybrid target-date funds.
- 1
- 2
