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SECURE
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SEC Amends ‘Names Rule’ to Fight Greenwashing
The SEC voted to amend a rule that would mandate investment names with sustainable themes to invest at least 80% of its asset into funds
Jamie Hopkins to Head Private Wealth Team at Bryn Mawr Trust
Hopkins will move into his new role beginning October
Half of Americans Feel Behind on Retirement Saving
MassMutual survey finds one in five never plan to retire
Competing ‘Financial Vortex’ Challenges Retirement Savings
Newly-released Goldman Sachs report highlights how a "financial vortex" of competing priorities threatens American workers' retirement savings
HUB Launches Pooled Employer Plan
New PEP targets employers with 100 or more workers
New DOL Fiduciary Rule Under OMB Review; Gets Bashed by Insurance Trade Groups
While actual text of proposed fiduciary rule delivered to OMB late Friday won’t be made public for about a month, groups say it “will hurt working families’ ability to save for retirement”
Cassidy Calls on Biden to Withdraw Julie Su’s Nomination as Labor Secretary
Senate HELP Committee Ranking Member introduces legislation to prevent Su from serving as Acting Secretary of Labor indefinitely
Focus Shifts to Plan Sponsors as Portability Network Set to Go Live
As operations begin in October, plan sponsors will take center stage as they begin to adopt auto portability and witness its tangible results
Employee Fiduciary Looks to DOL for 401(k) Fee Transparency
In a public letter, Employee Fiduciary requested for improvements to annual fee disclosures that those in participant-directed 401(k) plans receive
Incentives Highlight Return of Transamerica ‘401(k)ares’ Campaign
Focused on middle market retirement business, renewed promotion to provide financial incentives through remainder of 2023