A federal judge in Pennsylvania said the case’s outcome does not hinge on the Supreme Court ruling in a separate ERISA case ...

The Department of Labor issued new guidance warning that proxy advisory firms may be subject to federal fiduciary standards ...

The Vanguard Group Inc. launched Expert Insights, an artificial intelligence-enabled tool currently available to select ...

Commission-based revenue has already fallen to 23% of average adviser earnings and is expected to drop further to 17% by 2026. In response, advisers are diversifying pricing models to meet a range of ...

IRI elects a new board chair; Janus Henderson hires a head of North America Institutional; MissionSquare Retirement hires a new vice president and head of firm strategy; and more. Cavagnaro will focus ...

Equity fund investors missed the S&P 500 by a massive 848 basis points, while fixed-income investors underperformed by 232 basis points. Despite another roaring bull market, average equity investors ...

Pooled employer plans have gained traction in their nearly four years of existence, and their use cases are evolving beyond an initial target of small plan startups. Retirement benefits are often ...

Financial firms are doubling down on artificial intelligence—generative AI in particular—with significant investments in the technology, while cybersecurity remains their top priority, according to a ...

The number of new financial advisers barely offsets rookie washouts, underlining the need for the industry to attract and retain talent, according to The Cerulli Report—U.S. Advisor Metrics 2023, ...

If a large number of firms would be subject to less-burdensome regulatory requirements, it could lead to missteps during integration. The Securities and Exchange Commission proposed amendments that ...

In a new report, “Retirement Offerings in the Fortune 500: A Retrospective,” Willis Towers Watson reveals that among these companies, only 16% offered a defined benefit (DB) plan to new hires in 2017, ...

Hub International, active in retirement plan deals, completed 48 transactions during the year, MarshBerry reported. By the close of 2024, there had been 849 announced insurance brokerage M&A ...