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Voya expands wealth solutions team with northeast hire; Transamerica names director of Institutional Sales; DFA names CEO for Australia fund advisement; and more.

Human Interest CEO says minority stake from BlackRock will help hiring in areas including product, engineering, and customer acquisition.

More women than men expect to delay retirement or to never be financially ready to retire, new Nationwide research shows.  

December equity performance reduced pension funding levels from highs earlier in the year.

SECURE 2.0 makes several regulatory and disclosure changes for DB plans.

Milestone Money starts retirement planning website; Transamerica launches life insurance policy with retirement income option; J.P. Morgan customers can now deposit checks directly into IRA accounts; and more.

Almost half of respondents agreed annuities can offer safety and stability.

A “state of the industry” report from recordkeeper Ubiquity finds 62% of plan sponsors expect a recession, with 47% seeing 401(k) loan requests coming from participants.

The reforms complement the student loan matching provision and make it easier to use ABLE and 529 accounts for college savings.

Quest Diagnostics’ 401(k) profit sharing is the target of a new retirement plan lawsuit alleging excessive fees for investments.  

NIRS report shows pension expenditures supported $1.3 trillion in economic output in the first year of the pandemic.

The USI Insurance Services 2023 Employee Benefits Market Outlook Report outlined employer strategies to reduce the impact of rising health-care costs.  

Eric Partlan, MassMutual’s head of portfolio management, will replace retiring CIO Tim Corbett.

The RMD change is straightforward, but the catch-up change, not as much.

EBSA's agenda includes speaking with plan sponsors, service providers and plan participants; asking what regulators can do to help increase PEP growth.

SECURE 2.0 creates new tax credits and requires automatic features that will shape plan creation going forward.

Plaintiffs have alleged excessive fees for recordkeeping and administrative services and for an available managed account in a retirement plan lawsuit against U.S. Bancorp.

RightCapital adds SECURE 2.0 update to financial adviser planning platform; NFP Starts Human Capital Solutions Practice; and more.

One of the original three bills of SECURE 2.0 did contain such a provision, but it was ultimately dropped.

The rule would codify relief from ‘physical presence’ rules for retirement plan elections that was first granted during the height of the COVID-19 pandemic.