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hands shaking over technology Besides observing recordkeeper integration challenges, a subtle but consequential shift seen by global consultancy McKinsey is a movement toward leaders with a tech background. (Photo: Shutterstock)

The Principal Financial Group’s acquisition of Wells Fargo’s 401(k) recordkeeping unit for $1.2 billion could result in expansive growth of the former’s footprint among larger retirement plans.

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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