Advisor Sales Strategies

Empower’s CEO has replied to Senator Elizabeth Warren’s letter to him, which questioned the risks of Empower’s new private market program, by responding that the “retirement landscape is changing” and it “succeeds when it evolves.”

The deal gives the investment firm $7.3 billion in assets as it attempts to broaden its holdings of private assets, following BlackRock’s announcement last week of a new all-in-one 401(k) target date fund with private equity.

The Securities and Exchange Commission’s new Crypto Task Force is paving the way for crypto in 401(k) plans, by issuing disclosure requirements for exchange-traded products tied to cryptocurrencies.

The number of Americans living to 100 is&nbsp;expected to quadruple by 2054,<b>&nbsp;</b>yet most retirement plans aren't built for longer lifespans – and this is why employers should offer lifetime income options within 401(k)s, says Nationwide.

Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra funds to make up the shortfall, unless Congress takes action, according to PensionBee.

While over half of annuity providers already offer a retirement in-plan solution, a majority believe that automatic plan defaults will be the most effective catalyst for broader adoption, according to a Goldman Sachs annuity survey.