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.
Corporate Roundup: Endeavor Law, IRIC Reveals New Board of Directors
Endeavor Retirement expands its services, while IRIC appoints industry leaders to its board of directors, and more
Higher Default Options Can Lead to a Retirement Savings Boost
New research from Voya finds plan sponsors who focus on optimal retirement plan design settings are likelier to see higher savings rates from their employees
65% of Workers Say They Will Need to Save More for Retirement
The new DC Pulse survey from MFS finds investors are also wanting emergency savings benefits from their workplace plans
A Third of Investors Prefer Financial Advice from ChatGPT
A Nationwide Retirement Institute survey finds a higher rate of investors expect to get their financial advice from artificial technology than a human advisor within the next five years
DOL Prioritizing ESG, New Fiduciary Rule and SECURE 2.0 Projects, Says Gomez
Assistant Secretary of Labor Lisa Gomez touched on the DOL’s priorities in the next year, including a potential upcoming fiduciary rule, enhanced education on ESG factors, and SECURE 2.0
Vestwell Announces J.P. Morgan Partnership Among New Collaborations
The digital 401(k) recordkeeper will work on growing J.P. Morgan’s recordkeeping side and help with Chase’s small business 401(k) platform
Women Are Stressed in Balancing Caregiving and Work
A report by WIPN found women in the retirement industry were likelier to face pressure in their work and home life
IRI and ICI Voice Disapproval on Proposed SEC Custody Rule
The ICI and IRI criticized the SEC's proposed custody rule, claiming that it would impair annuity access
Retirement Savings See Slight Boost in 2023
The latest Bank of America 401(k) Participant Pulse report found average retirement savings rates increased in Q1
NEPC Finds Over Half of Clients Use Diverse Managers
The latest NEPC DEI Progress Report provides insight into the firm’s strategies in 2022, finding that more clients are implementing DEI strategies and working with diverse managers