401k Plan Optimization, Compliance, Investment & Partners

Vanguard’s $4.3 billion acquisition of Altruist raises new questions about how the company plans to position itself across the retirement and wealth management markets.  Altruist gives Vanguard a modern digital custody and technology platform that can support independent advisors while expanding its reach to mass-affluent investors and retirement plan participants.  Combined ...

There is a growing shift in the pharmacy benefit management industry toward greater transparency.  A PBM, or pharmacy benefit manager, helps employers and health plans manage prescription drug benefits, including covered medications, claims, costs and pricing. Today, plan sponsors are seeking clearer information about PBM fees, rebates, drug pricing and claims data so...

Employer healthcare costs are expected to rise 8.2% in 2027, according to Marsh Inc.’s latest national survey—the fifth straight year of increases and the largest year-over-year jump since 2003, when Marsh forecast a 13.9% increase.

A

For many HR teams, retirement plan oversight is competing for attention with an already crowded list of responsibilities.  That pressure is helping drive new interest in pooled employer plans (PEPs) and other group retirement arrangements that can shift some of the administrative and fiduciary workload away from the employer.

At a recent TPSU program at the Uni...

The RPA aggregator market may be heading for a shakeout.

After years of aggressive dealmaking and a “buy for scale” mindset, the next phase of consolidation is likely to be far more demanding.  Firms will have to show they can do more than acquire assets—they’ll need to prove they can successfully integrate retirement, wealth, benefits and P&C businesses, create r...