Section Page News - Pensions & Investments

OneDigital, others look to snap up regional banks' 401(k) businesses

Margarida Correia — Wed, 19 Apr 2023 15:37:14 EDT

OneDigital and other "aggregators" are looking to buy the retirement businesses of regional banks.

State-run retirement savings programs may fuel launch of private plans, Pew study says

Margarida Correia — Mon, 17 Apr 2023 15:48:58 EDT

State-run retirement savings programs may be boosting the creation of new private-sector plans, according to a new study from the Pew Charitable Trusts.

Rich matches boost employees' savings, support recruiting

Margarida Correia — Mon, 17 Apr 2023 06:00:00 EDT

Employers that match more than dollar for dollar are rare and some companies offer non-elective contributions to improve recruiting and retention.

Departing CalSavers' leader tackled lawsuit, pandemic while launching state-run retirement plan

Arleen Jacobius — Fri, 14 Apr 2023 12:43:42 EDT

Katie Selenski took California's state-run defined contribution plan from launch to a savings plan with $478 million in assets and 417,822 savers.

Retirement plans key to drawing talent, small businesses say

Margarida Correia — Fri, 14 Apr 2023 08:00:00 EDT

Small businesses see retirement plans as one of the top three ways to attract employees in today's tight labor market.

DC plan participants doing less extreme equity investing – Vanguard

Robert Steyer — Wed, 12 Apr 2023 15:41:23 EDT

Defined contribution participants have moved away from extreme equity investing due to target-date funds and automatic enrollment, Vanguard found.

OneDigital buys Huntington National Bank's 401(k) advisory, plan servicing business

Margarida Correia — Tue, 11 Apr 2023 12:37:55 EDT

OneDigital Investment Advisors has acquired the 401(k) advisory and retirement plan servicing business of Huntington National Bank.

Younger workers stashing more in retirement plans, Vanguard study says

Margarida Correia — Tue, 04 Apr 2023 16:02:00 EDT

Younger workers today are participating in their workplace retirement plans at higher rates than they were 15 years ago.

Mutual of America agrees to settle record-keeping, investments lawsuit

Robert Steyer — Mon, 03 Apr 2023 15:55:31 EDT

Current and former 401(k) participants in 2022 challenged the plan's record-keeping costs and investment lineup.

Markets nip record-keeper assets as participants rise

Robert Steyer — Mon, 03 Apr 2023 00:00:00 EDT

Acquisitions, auto enrollment and greater education to encourage more saving were cited as bright spots in record keeping in an otherwise difficult year.