There are 92 provisions in the new SECURE 2.0 Act—and by at least one assessment, they are “almost universally good, with ‘good’ being defined as ‘helpful to the cause of promoting retirement security.’” Group Plan Systems’ Pete Swisher and Cherisha Chapman rank the Top 10 Impact Provisions—and Top... READ MORE

Confident about their careers and in their ability to achieve financial security, the nation’s youngest adults have a goal of retiring before they reach age 60, but that confidence comes with a few caveats, according to a new study.  Data from Northwestern Mutual's 2022 Planning & Progress... READ MORE

Americans saving for retirement through their defined contribution (DC) plan have largely stayed the course throughout 2022 even though their account balances have taken a hit. The latest ICI survey data for the first three quarters of 2022 of plans covering more than 40 million participant... READ MORE

The measure titled “Investment of Retirement Funds in Companies Contributing to Climate Change” was considered by Microsoft shareholders last week. Noting that “Microsoft uses BlackRock LifePath funds as its 401(k) Plan’s default retirement options, resulting in the vast majority of the $38... READ MORE

As the rising cost of living is beginning to affect participants’ ability to save, nonprofits are moving proactively to provide support, prioritize financial wellness tools and resources, and enhance participant education, according to the latest survey of 403(b) plans from the Plan Sponsor Council... READ MORE

Mariner Wealth Advisors announced that it will acquire San Jose, CA-based Hayes Financial, Inc. and its $325 million in assets under advisement. The acquisition—Mariner Wealth’s eighth deal to close in 2022—will establish the firm’s 11th office in California. Founded in 2008, Hayes Financial works... READ MORE

Investors grappling with today's economic environment are feeling increased pressure on their retirement plans and are facing more uncertainty about when they will be able to retire, the results of a new survey suggest.    According to the Nationwide Retirement Institute’s eighth annual Advisor... READ MORE

With the ink on the Labor Department’s new ESG regulation barely dry, U.S. Senator Tom Cotton (R-AK) has introduced legislation to stop it. “Retirement plans should prioritize investments with the highest return, not ESG scams,” said Sen. Cotton in a press release. That said, the legislation is... READ MORE

With Congress poised to pass another comprehensive retirement policy bill this year—a new analysis underwritten by the American Retirement Association shows the dramatic impact on retirement savings—and retirement coverage—this bill could have. This legislation—nicknamed SECURE 2.0, as it builds... READ MORE