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We’re seeing new retirement, HR, and employee benefits tools and solutions that 10 years ago would only have existed in the imagination. Advances in technology and analytics, as well as greater attention paid to customers’ needs, are bringing products aimed at helping advisors, brokers, and HR do their jobs despite the chaos and uncertainty of 2020. Here’s news that’s crossed our virtual, remote desk of late.

Vanguard announced the following changes to its taxable money market fund lineup: Vanguard Prime Money Market Fund will be reorganized into a government money market fund and renamed Vanguard Cash Reserves Federal Money Market Fund; Vanguard will drop the investment minimum of the fund’s Admiral Shares to $3,000 from $5 million; and Vanguard Treasury Money Market Fund has reopened to new investors.

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C.J. Marwitz

C.J. Marwitz is the editor for the retirement industry audience and a digital managing editor at BenefitsPRO. She is currently considering pitches for unpublished contributed content related to the employer-sponsored retirement plan arena. A former technology editor, advertising copywriter, and academic advisor, Marwitz is the mother of three and walker/stick-thrower/treat-giver to a Welsh Corgi named Leeloo.

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