Browsing Tag
recordkeepers
25 posts
DCIO Experts Address Looming Industry Challenges, Opportunities: LNRS 2021
'We have to figure it out because there are big companies with big checkbooks that could put us out of business'
401k Plan Sponsors See Value in Using a Single Recordkeeper
Plan sponsors using a single recordkeeper to manage multiple retirement plans see better overall time savings and fewer…
Why Momentum is Building for Emergency Savings Accounts
Emergency savings accounts are having a moment. The Wall Street Journal calls matching emergency savings accounts the “the…
American Trust Acquires Another 401k Recordkeeper
Another recordkeeper acquisition was announced today by Memphis, Tenn.-based American Trust, itself a full-service provider of retirement solutions…
Online Tool Drives Rapid Growth at Betterment 401(k)
Betterment 401(k) launched an online purchasing tool in April 2020 that allowed employers to sign up for a…
How Deep is the 401k PEP Pool?
There’s an old saying in the insurance business: “Life insurance is sold, not bought.” And it can be…
Empower Retirement to Buy Fifth Third’s Recordkeeping Business
Empower Retirement, the nation’s second-largest retirement services provider, will acquire Fifth Third Bank’s recordkeeping services. The news comes…
Vanguard to Outsource its Retirement Plan Recordkeeping Operations
Vanguard said Tuesday that IT services firm Infosys will assume day-to-day operations of Vanguard’s DC recordkeeping business. However,…
COVID-19 Expected to Have Short-Term Impact on DC Plan Sales
A new report says Defined Contribution plan sales are predicted to be considerably lower in the second and…
DC Plan Response to CARES Act Varied by Industry, Recordkeeper
“The response of defined contribution plan sponsors to the CARES Act was primarily influenced by the industry they…