The CEO of the Employee Benefit Research Institute considers the potential impact of President Trump's executive order in support of multiple employer plans, or 'open MEPs,' for small businesses. 'The data are mixed,' she writes.
'We are introducing the Freedom Blend funds to meet the growing demand for a target-date strategy that incorporates active and passive investment capabilities in a single mutual fund,” said Eric Kaplan, head of Target-Date Products.
Single premium PRT product sales in the United States were $23.9 billion in 2017, up from $13.7 billion in 2016, a 68% increase, a new MassMutual white paper said, citing a survey by the LIMRA Secure Retirement Institute.
Shlomo Benartzi to partner with Acorns, a financial wellness system; AIG acquires Glatfelter Insurance Group; Principal adds chat function for plan administrators and bolsters financial wellness offerings in its 401(k) plans.