Correcting 401(k) Auto-Enrollment Failures | PLANADVISER
Nov 20, 2024 · If the plan provides for matching contributions and the employee would have been entitled to a matching contribution had the missed deferrals been made, the plan sponsor must make a corrective allocation of matching contributions on behalf of the employee in an amount equal to the matching contribution the employee would have been entitled to, adjusted to account for earnings had the missed ...
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PLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability to reach this influential audience.
Product and Services Launches – 1/2/25 | PLANADVISER
Jan 2, 2025 · PGIM Adds 2 Buffer ETF Series and Laddered Buffer ETF. PGIM, the $1.4 trillion global investment management business of Prudential Financial Inc., launched the PGIM S&P 500 Max Buffer ETF series, the PGIM Nasdaq-100 Buffer 12 ETF series and the PGIM Laddered Nasdaq-100 Buffer 12 ETF.
Product & Service Launches – 12/19/24 | PLANADVISER
Dec 19, 2024 · Construct, which was launched in June, gives advisers trade discretion, customization of their clients’ portfolios, and the ability to determine their fee structure. “Advisers require access to their clients’ held-away retirement assets to truly offer holistic financial planning,” Jay Jumper, founder and CEO of Future Capital, said in a statement.
2024 PLANADVISER Retirement Plan Adviser of the Year
The 2024 PLANADVISER Retirement Plan Adviser of the Year finalists have demonstrated leadership and a commitment to excellence in serving retirement plan sponsors and participants and contributing to the retirement plan adviser industry.
CFP Board Reports Record CFP Exam Participation in 2024
Dec 10, 2024 · Among the 10,437 candidates testing this year, 6,763 candidates passed. The CFP Board announced a record year for its Certified Financial Planner certification exam, with 10,437 candidates testing in 2024, the highest annual total documented to date. Among those who tested, 6,763 candidates passed ...
Gallagher Expands Insurance, Benefits Footprint With $13.5B Deal
Dec 10, 2024 · On a conference call Monday, Chairman and CEO J. Patrick Gallagher said the acquisition will heighten the firm’s pace of acquisitions, which has seen it add about 200 firms since 2020.Through the combination, Gallagher plans to book about 100 deals per year as compared to its current 50 or 60, he said. If the agreement meets regulatory approvals, Gallagher will acquire AssuredPartners ...
Creative Planning Secures Minority Investment From TPG Capital
Sep 30, 2024 · Creative Planning LLC, an independent wealth management firm, announced Tuesday that TPG (Tarrant Capital IP LLC), an alternative asset management company, has made a “significant” minority investment in the business.
Corporate Pension Funds Near Year-End on Strong Note
Dec 10, 2024 · The average market gains of 1.88% lifted the value of the plan assets Milliman tracks by $18 billion to a total of $1.338 trillion by the end of November, according to the consultancy.
2024 PLANADVISER Top Retirement Plan Advisers | PLANADVISER
Each year PLANADVISER recognizes the top retirement plan advisers in the industry based on quantitative measures, including amount of AUA and number of plans under advisement. Advisers are highlighted if they have what was designated as a special focus in any particular plan type, if they are women ...