Plan Sponsors Bracing for Recession, Split on Participants’ Response
"State of the industry” report from recordkeeper Ubiquity finds 62% plan sponsors expect recession w/ 47% seeing 401k loan requests from participants.
Recent
Inflation Spike Shakes Women’s Retirement Confidence
More women than men expect to delay retirement or to never be financially ready to retire, new Nationwide research shows.
Fintech 401(k) Provider Human Interest Gets $500M In Funding, Including BlackRock
Human Interest CEO says minority stake from BlackRock will help hiring in areas including product, engineering, and customer acquisition.
FTC’s Noncompete Ban Would Hit Retirement, RIA Consolidation
Proposed ban noncompete contracts by FTC have implications for RIA firms some retirement advisories are acquiring to broaden wealth mgmt capabilities.
New Retirement Withdrawal Rule Could Backfire in Costly Way
A new law increasing the age you must withdraw from your retirement accounts may come with some unexpected and expensive consequences.
CIT Providers Eye Smaller Retirement Plan Market
U.S. Asset and Wealth Mgmt. Edition reveals that interest in $5M -to-$24M plan asset segment significantly greater this year (84%) than in 2021 (63%).
Retirement Plan Update
Retirement Plan Update: DOL Final Rule On ESG Investing, Exercising Shareholder Rights And SECURE 2.0 Act Impact Retirement Planning In 2023 And Be
