PLANADVISER - The trusted information and solutions resource for ...
WEBPLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability …
Prudential, RGA Assume Verizon Pension Obligations of $5.9B
WEBMar 8, 2024 · Verizon Communications Inc. has transferred $5.9 billion in employee pension obligations through the purchase of single-premium group annuity contracts from Prudential Insurance Co. of America and RGA Reinsurance Co., according to a filing on March 6, when the plan sponsor closed the purchase of the contracts. The group annuities will provide benefits to 56,000 retirees who began receiving ...
A Managed Account Q&A With LeafHouse and iJoin - PLANADVISER
WEBAug 12, 2021 · Todd Kading, president of LeafHouse Financial, and Steve McCoy, chief executive officer of iJoin, recently sat down with PLANADVISER to talk about their collaboration on the newly released LeafHouse-iJoin Managed Account Program. The pair said the “tech-fueled” offering is among a class of adviser-driven investment solutions coming onto the ...
Explaining True-Up Matches - PLANADVISER
WEBOct 20, 2017 · However, the number of plan sponsors offering true-up matches may increase in the upcoming years ahead, as a recent defined contribution benchmarking survey from Deloitte found 54% of plan sponsors offered a true-up match in their plan design —nearly a 10% jump from 45% in 2015. For workforces and plans not offering a true-up contribution ...
2020 Top 100 Retirement Plan Advisers | PLANADVISER
WEBThe 2020 PLANADVISER’s Top 100 Retirement Plan Advisers listing is here! Each year, PLANADVISER magazine recognizes the top quantitative standouts from our Retirement Plan Adviser Survey with the Top 100 Retirement Plan Advisers awards. Top 100 designees are named according to the dollar value of qualified plan assets under advisement, as ...
DOL Updates Guidance on Audit Independence Rules
WEBSep 2, 2022 · The U.S. Department of Labor has issued new guidance for retirement plan fiduciaries, technically referred to as Interpretive Bulletin 2022-01, that addresses the rules about audit independence that apply to retirement plans governed by the Employee Retirement Income Security Act. Want the latest retirement plan adviser news and insights?
RightBRIDGE Rollover Analysis Integrated With Retirement …
WEBApr 7, 2021 · CapitalROCK, the developer of RightBRIDGE, has announced a partnership with Retirement Learning Center (RLC). It has integrated its RightBRIDGE Rollover Analysis with RLC, giving users access to detailed employer-sponsored plan data. Brian Hendricks, chief operating officer (COO) of CapitalROCK, calls the integration “an excellent solution ...
Former Pension Plan Participants Sue Lockheed Over Athene Risk …
WEBMar 14, 2024 · Lockheed Martin is being sued by four former pension plan participants over the company’s 2021 and 2022 pension risk transfer transactions with insurer Athene Holding Ltd., alleging the plan sponsor breached its fiduciary duty under the Employee Retirement Income Security Act when choosing Athene …
A Reminder to Avoid Fraudulent Hardship Withdrawals
WEBFeb 10, 2022 · In United States v. Barringer, the defendant was convicted by a jury of wire fraud, among other charges, for transmitting a fraudulent hardship withdrawal form to her company’s 401 (k) plan provider to obtain a distribution from her account. However, the court in that case reversed course and granted the defendant’s motion for judgment of ...
ESG Investing Gaining Ground With Institutional and Individual ...
WEBNov 15, 2021 · Rebecca Moore. Callan’s recently published “ 2021 ESG Survey ” found that 49% of institutional investor respondents incorporated environmental, social and governance (ESG) factors into their investment decisionmaking processes, up 7 percentage points from the previous year’s level and more than double the share in 2013.