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.
Climate-Friendly Initiative Aims to Retire Big Oil in 401(k)s
A virtual protest by the Crane Institute of Sustainability wants to dismantle the fossil fuel industry from 401(k) accounts and instead help financial institutions offer ESG-backed funds
Corporate Roundup: T. Rowe Price Appoints Company Veterans, Voya Launches QDIA
T. Rowe Price named several team members to its U.S. intermediary and retirement services channels, Voya released a new QDIA available across its managed account programs, and more
Despite Financial Optimism, Black Americans Report Retirement Fears
LIMRA’s report lists ways financial advisors can help Black Americans reach their retirement goals
As Women’s Earnings Rise, So Do Their Financial Responsibilities
An Allianz Life report finds that more women are taking on financial responsibilities as they become breadwinners of their households
Ascensus Reorganizes Retirement Business
The company also announced that it will launch sales of its PEP program with American Funds this month
401(k) Account, HSA Balances Up for 2023
At the same time, the number of participants who took a 401(k) loan in 2023 decreased, reports Bank of America
Wealth Managers Expect Active Funds to Outperform in 2024
The findings comes as 58% of firms say active funds outperformed in 2023, reports Natixis
Almost Half of Employees Stressed About Retirement Savings
Despite being stressed about their short- and long-term savings, SoFi finds employers and retirement plan advisors have an opportunity to help participants
Key Action Points for Advisors to Consider Ahead of Final Fiduciary Rule
As the industry expects to see more ERISA fiduciaries enter the market in 2024, panelists at the VCI Industry Leaders Summit touch on next steps for advisors to review
ICHRAs: The New Health Care Benefit for Advisors to Learn in 2024
The health benefit offers reduced costs and fiduciary liability for employers