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Definiti launches advisor program

Third-Party Administrator (TPA) Definiti LLC announced a program for financial advisers who have 401(k) books of business, that will offer access to proprietary retirement plan resources, reports, and a dedicated account manager to help them manage plan spons...

Survey shows participants fear running out of money more than death

Nearly two in three Americans say they worry more about running out of money than death an Allianz Life Insurance survey. The worry of running out of money has increased in recent years. In 2024, 63% say they worry more about running out of money than deat...

Lincoln offers PEPs

Lincoln Financial Group is launching its FlexPEP(k) and FlexPEP(b), a pooled employer plan (PEP) so...

Ascensus to buy Mutual of Omaha 401(k) recordkeeping business

Consolidation in the recordkeeping business will continue. Ascensus and Mutual of Omaha have an ...

Plan Sponsors are worries retirees will run out of money

According to a MetLife survey, 91% of plan sponsors are concerned that their future retirees will r...

Alliance Bernstein wins proprietary 401(k) fund lawsuit

My daughter works at a local restaurant and I think it doesn’t look good when employees there, or...

Forgotten accounts is a big deal

According to a recent study, there are 29.2 million forgotten participant 401(k) accounts that hold...

Nationwide teaming up with Morningstar for managed accounts

Nationwide is teaming up with Morningstar Retirement by offering a new managed account service that...

Empower to offer retirement income solutions

Empower announced partnerships with several asset management and insurance providers to offer a ran...

Participants raised their deferral rate in 2023 for new record

People will say that when it comes to retirement savings, the glass is half empty. I see it as half...