New Retirement Firm Aims to Partner with Small Generalist Advisers
Freedom Fiduciaries seeks to manage plan fiduciary duties so smaller financial advisories can focus on client relationships, wealth management.
Recent
Plan Sponsors Warm to Keeping Assets In-Plan
More than half of 401(k) plan sponsors prefer to keep retired participants’ assets in their plan as opposed to having them roll assets into IRA.
Report Reveals Increase in Number of Workers Delaying Retirement
Employees are more than twice as likely to describe personal finances as fair or poor, as they are to call them good or excellent - John Hancock.
DOL Sues Profit-Sharing Retirement Plan of California Consultant
The Department of Labor alleges an environmental consultant abandoned responsibility for its profit-sharing retirement plan in the late 1990s.
Gen Z and Millennials are so Broke They’re Ruining Their Parents’ Retirements
A majority of U.S. parents have made financial sacrifices to set their adult children up for success.
Missing Retirement Plan Participants? DOL Ramping Up Efforts to Locate Lost Employees
DOL asking Congress for $5M to establish dedicated program led by Employee Benefits Security Adm which recovered more than $1.5B in lost benefits.
Voya Establishes Advisory Services Solution for Retirement Plan Participants
The solution provides broader access to advice services for participants in Voya-administered retirement plans.
