1+ hour, 14+ min ago  (189+ words) The States" Unclaimed Retirement Clearing House allows plan sponsors and recordkeepers to transfer uncashed distribution checks to a plan"s state of incorporation. As recordkeepers and plan sponsors strive to address the ongoing problem of uncashed retirement plan distribution checks,…...

1+ hour, 21+ min ago  (227+ words) Claro Advisors Inc. , a registered investment adviser, launched Claire by Claro, an artificial-intelligence-powered assistant available to its advisers at no additional cost. According to the announcement, Claire draws answers from all client data, including investment policies, financial plans and goals,…...

3+ day, 28+ min ago  (610+ words) Investors are encouraged to consider the purpose behind their choice of products. Retirement income products have long confused investors, but a recent Vanguard paper suggests that investors concentrate more on how the products would be used. "Vanguard's Principles for Retirement…...

3+ day, 22+ hour ago  (338+ words) Broader access to retirement savings is taking a backseat to the children's investment program, according to Secretary of the Treasury Scott Bessent. Secretary of the Treasury Scott Bessent said Wednesday that President Donald Trump's administration is concentrating its retirement efforts…...

4+ day, 55+ min ago  (311+ words) The financial technology executive succeeds Mike Fanning, who will remain as a strategic adviser. Advisor360 LLC, a technology solutions provider for wealth managers, announced Thursday the appointment of Milind Mehere as CEO. He succeeds Mike Fanning, who came out of retirement…...

3+ day, 22+ hour ago  (545+ words) Twenty years ago, Congress transformed retirement investing by establishing a fiduciary safe harbor for qualified default investment alternatives. Now industry experts say the future belongs to personalized solutions and, potentially, new innovations. According to various reports, TDFs are estimated to…...

3+ day, 23+ hour ago  (297+ words) planadviser Voya Introduces Multi-Manager Alternative CITs for DC Plans Voya Investment Management launched two multi-manager alternative collective investment trusts designed for defined contribution retirement plans. The offerings'focused on alternative fixed-income and alternative equity strategies'combine multiple managers within a single vehicle…...

5+ day, 15+ min ago  (301+ words) Nearly all (86%) traditional IRA owners with rollover assets said their most recent rollover transferred their entire retirement plan account balance, according to the report. The average traditional IRA balance in ICI's study consisted of 80% rollovers or transfers from former employer-sponsored…...

5+ day, 3+ hour ago  (683+ words) Wellington Management acquires Hartford Funds; Prime Capital taps Access Capital; Bluespring Wealth launches RIA; and more. Wellington Management Co. LLP announced an agreement to acquire Hartford Funds, a subsidiary of the Hartford Insurance Group Inc. The Hartford will receive $300 million…...

5+ day, 5+ hour ago  (389+ words) More advisory firms are hitting scale at a consistent pace, according to the wealth intelligence platform Fintrx. Independent registered investment advisers are reaching $1 billion in assets under management at a faster clip than ever before. This year's first quarter saw…...