Honorable Mention
Pentegra launches Pooled Employer Plan; Betterment’s AUM rises to $29 billion; Symetra creates its own RIA; Ubiquity adds ESG options to 401(k) investment lineup.
Honorable Mention
Honorable Mention
Edward Jones pays $34 million to settle suit by minority advisors; J.P. Morgan to diversify advisor hiring by 2025; HUB launches bundled retirement plan for small to mid-sized employers;...
Honorable Mention
Canadian firm buys Ohio National for $1 billion; Net income of life/annuity industry fell almost 50% in 2020; New index annuity income rider from AIG; SIMON adds First Trust...
Honorable Mention
Retirement assets total $34.9 trillion in 4Q2020: ICI; Jasmine Jirele succeeds Walter White as CEO of Allianz Life; NY Life reports 2020 annuity sales of $13.7 billion; Several C-level...
Honorable Mention
Biden DOL won't enforce Trump's anti-ESG rule; PEP rally: TAG Advisors launches Pooled Employer Plan; Net income for life/annuity industry fell 55% in first three-quarters of 2020: AM Best;...
Reaching HNW clients in the pandemic era: Cerulli
'Many asset managers have shifted to a channel-agnostic approach distribution model from a channel-specific model,' said Cerulli analyst Asher Cheses.
Honorable Mention
SEC suspends trading of securities hyped in social media; Mutual of Omaha aims to get ‘Retirement Right’; Americans feel more financial damage from pandemic than in 2008: Allianz Life;...
Honorable Mention
Pacific Life offers an investment-only VA; Wells Fargo will sell its asset management business; Philips, MetLife and Principal Financial seal $1.2 bn pension risk transfer deal; Security Benefit receives...
Honorable Mention
Women are skeptical of advisers: Cerulli; Equitable announces $1 billion share buyback.
Honorable Mention
Pacific Life to distribute two fee-based annuities; NARSSA sets up platform to support accredited Social Security experts; PGIM Investments announces over $21 billion in net fund flows for 2020;...
Nationwide, Annexus partner on in-plan annuity
Nationwide announced last October that it would release a series of five new products for the 401(k) market. Today it announced Lifetime Income Builder, a fixed indexed annuity with...
Honorable Mention
Life sales show new life in 2020, MIB Index shows; 'Excessive fee' lawsuit against Penn's 403(b) plan settles for $13 million; Metro-area businesses are expected to recover from Covid-related...
Honorable Mention
Annuity distribution expert Scott Stolz joins SIMON; TIAA private equity affiliate raises $6.4 billion in new capital; MetLife unit in longevity reinsurance deals with Legal & General; Thrivent promotes...
Honorable Mention
Reports of reinsurance and other deals involving Empower, MassMutual, Ares Management, Unum, Global Atlantic, New York Life, Cigna, and Voya, with other news.
Honorable Mention
Retirement Income Journal takes a holiday break; Fed to buy at least $120 billion in bonds per month; Global Atlantic adds $8.5 billion in reinsurance deal; Roth IRA assets...
Honorable Mention
Retirement plans cope better this year than in 2008-2009; Public pensions have shown “great resiliency” this year: Milliman; SPARK Institute elects new chair and vice-chair; TruChoice to distribute Jackson...
Honorable Mention
ARA weighs in on ‘lifetime income illustrations’ in 401(k) plans; Barbara Turner becomes Ohio National’s first female CEO; Congress should support PPP tax relief: AICPA.
Honorable Mention
Vermont grocers start a closed MEP 401(k); Lincoln will recordkeep; Forethought annuities now on SIMON platform; Surge in borrowing by life/annuity insurers: AM Best; Investing after the 2020 election:...
Honorable Mention
Mercer and Empower will partner on forthcoming ‘PEP’; New ‘structured outcome’ ETF from TrueMark; ‘Annuity Switchboard’ now available from Beacon Annuity Solutions; IRS publishes inflation adjusted limits for employers...
Honorable Mention
SEC to air October 26 public hearing on ‘Reg BI’; Plan participants want lifetime income options: Lincoln Financial; Pandemic creates anxiety about Social Security: Wells Fargo; Empower marks...
