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.
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
Corporate Roundup: Franklin Templeton Moves; PSCA Signature Awards
Franklin Templeton brings in two new hires, Strongpoint Partners announces collaboration with RPA, and PSCA honors signature awards and lifetime achievement recipients.
HSA Bank Introduces Tuition Reimbursement Solution
Employers can determine which funds are eligible for reimbursement and annual reimbursement limits with the employer-funded tax savings program, says HSA Bank
Just 28% of Micro Businesses Offer a Retirement Plan
A Capital Group report finds that small businesses were likely to cite cost as a critical factor for avoiding retirement plans
Americans Say They Won’t Have Enough Savings for Retirement
A recent Prudential survey found 70% of Americans plan to retire but aren't confident if they will actually be able to
Franklin Templeton Acquires Managed Accounts Startup volScout
As part of the acquisition, volScout founders will be working with Franklin Templeton's newly formed managed accounts team
69% of Near Retirees Failed or Barely Passed MassMutual’s Social Security Quiz
The quiz underlines the need for employee education on Social Security and its nuances, says MassMutual
Employees Turn to Plan Sponsors Amid Inflation Impacts
Over half of employees say their employer has not offered financial wellness benefits or compensation following higher costs due to inflation, finds FinFit