Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.
SIFMA Challenges Missouri Rules on Socially Conscious Investments
Under Missouri rules, financial professionals must obtain client signatures on state-scripted documents before providing advice on “social objectives or nonfinancial objectives"
Colorado and Maine Team Up for Automatic Retirement Savings
Vestwell will also serve as the program administrator for the new partnership
New York Life Data Stolen in MOVEit Breach
The third-party data breach may have exposed clients' Social Security numbers, New York Life states
Plan Sponsors Look to Strengthen Nonqualified Retirement Plans
Respondents in the WTW survey cited recruitment and retention as the top reason for the enhancements
Workers More Confident in Physical and Mental Health Compared to Finances
A new study by Northwestern Mutual finds American workers report the lowest confidence level in their finances
Now Is the Time for Emergency Savings
SecureSave's Suze Orman and Devin Miller explain why employers are best equipped to incorporate emergency savings into their benefits package now
Employers Taking a More Proactive Approach to Financial Wellness
J.P. Morgan's latest survey finds 85% of plan sponsors feel a strong sense of responsibility towards employees' financial wellbeing
The Case for Retirement Planning ‘Guardrails’
A WSJ op-ed asserts that employers must set "guardrails" on investment options for optimized retirement planning outcomes
Corporate Roundup: Cetera and Securian Financial Acquisition, Latest Products at The Standard
Cetera acquires the retail wealth and trust business of Securian Financial, The Standard announces new products to its recordkeeping platform, and more
Americans in High-Cost Cities Could See Smaller Social Security Benefits
A brief by the CRR at Boston College draws on arguments that Americans who live in expensive cities could face smaller Social Security benefits due to the program's formula