Tagged: retirement

July 10, 2025 @ 9:56 am By Omar Faridi  |  

The US retirement landscape is facing a critical challenge, according to new data from PensionBee’s Q2 Happy Retirement Report, revealing stark deficiencies in savings that threaten financial security for millions. Conducted between May 9 and May 13, 2025, by Attest with 1,000 respondents aged 18… Read More

July 10, 2025 @ 3:26 am By Omar Faridi  |  

Germany’s pension system, a cornerstone of its social security framework since 1889, is undergoing significant changes to address the challenges posed by an aging population, declining birth rates, and economic pressures. These developments have been examined in a position paper by Upvest. The recently introduced… Read More

July 2, 2025 @ 1:56 am By Omar Faridi  |  

BlackRock (NYSE: BLK) has been selected by Great Gray Trust Company, LLC to provide a custom glidepath that strategically allocates across public and private markets for Great Gray’s first target date retirement solution featuring private equity and private credit exposures. BlackRock’s index equity, index fixed… Read More

June 26, 2025 @ 10:14 pm By Omar Faridi  |  

UK pensioners may see modest income growth by the end of the decade, but PensionBee, a key player focused on the consumer retirement market, is warning that this “shouldn’t distract from the bigger retirement savings challenge facing millions.” Indeed, it is becoming increasingly difficult to… Read More

June 2, 2025 @ 4:36 pm By JD Alois  |  

Last week, the US Department of Labor’s Employee Benefits Security Administration rescinded a 2022 compliance release that discouraged fiduciaries from including cryptocurrency options in 401(k) retirement plans. This was part of a broader attack on the digital asset sector during the Biden Administration. In the… Read More

May 30, 2025 @ 7:50 am By Omar Faridi  |  

PensionBee, a UK firm focused on the consumer retirement market, has found significant public support for a shareholder resolution urging Meta to address growing concerns over “how it uses personal data to power its AI systems.” The poll found that more than 50% of respondents… Read More

May 19, 2025 @ 10:25 pm By Omar Faridi  |  

In a move aimed at expanding investment opportunities for retirement plan participants, Empower is announcing a program that will pave the way for private market investments to be included within defined contribution retirement plans. Empower has reportedly aligned “with private investments fund managers and custodians,… Read More

April 26, 2025 @ 3:55 am By Omar Faridi  |  

UK’s PensionBee, a firm focused on the consumer retirement market, has issued a statement following the release of the Department for Work and Pensions’ Small Pots Delivery Group’s report, which lays out a clear framework for “consolidating small pension pots.” Lisa Picardo, Chief Business Officer… Read More

January 9, 2025 @ 8:26 am By Omar Faridi  |  

Confidence in retirement prospects among Brits surged in 2024, according to PensionBee’s Pension Confidence Index highlighting a “substantial” shift in public sentiment. The Pension Confidence Indicator jumped from -10 in December 2023 to +29 in December 2024 reflecting “growing optimism overall about financial futures.” But the data… Read More

December 22, 2024 @ 12:56 pm By Omar Faridi  |  

Independent Advisor Solutions Inc. —a wholly owned subsidiary of Wellington-Altus Financial Inc. —is pleased to announce a retail partnership with Apollo (NYSE: APO), a provider of alternative assets and retirement solutions. This latest collab aims to reinforce Independent Advisor Solutions’ dedication to forming deep relationships… Read More

December 19, 2024 @ 10:09 am By Omar Faridi  |  

PensionBee, a firm focused on the consumer retirement market, is marking its 10th year of operations, which includes a decade of innovation, growth and impact in the pensions industry. Established back in December of 2014 to help tackle “outdated” pension systems – and with an… Read More

December 7, 2024 @ 2:16 pm By Omar Faridi  |  

Betterment at Work, a provider of modern, scalable 401(k)s for growing businesses, released the fourth installment of its annual survey on the state of retirement readiness and financial benefits across the U.S. workforce. Betterment’s 2024 Retirement Readiness Report, which examines data from 1,000 full-time U.S…. Read More

September 9, 2024 @ 9:56 pm By Omar Faridi  |  

Student workers could add thousands of pounds to their pension if the Government presses ahead with the extension of automatic enrolment to 18-year-olds, according to new research from PensionBee, the online pension provider. More than half of full-time students “work an average of 14.5 hours… Read More

September 4, 2024 @ 8:01 pm By Omar Faridi  |  

Alpaca explains in a blog post that individual retirement arrangements (IRAs) are tax advantaged retirement accounts available for individuals earning income in the U.S. These accounts offer significant tax benefits which “incentivize individuals to save long term for retirement.” These associated incentives often lead to… Read More

August 28, 2024 @ 6:12 am By Omar Faridi  |  

TIAA, which claims to be the largest U.S. provider of lifetime income, announced a strategic partnership with Accenture (NYSE: ACN) to accelerate the transformation of TIAA’s retirement recordkeeping capabilities and operations. The agreement capitalizes on the strengths of “both organizations to provide next-generation technologies and… Read More

July 29, 2024 @ 7:39 am By Omar Faridi  |  

Brits’ confidence in their retirement prospects continues to rise, according to PensionBee’s latest Pension Confidence Index. The Pension Confidence Indicator score “surged to +30 immediately following the General Election, up from +22 in March 2024 and significantly higher than -10 in December 2023 and -9… Read More

July 27, 2024 @ 1:01 pm By Omar Faridi  |  

Jarvis, a pension fintech that empowers employees to plan for their ideal retirement actively, has raised £1.8 million in seed funding in a round co-led by Ascension VC and Cornerstone VC, with participation from Tokio Marine Future Fund. The investment will support growth and product… Read More

June 16, 2024 @ 11:48 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) has partnered with Syracuse University’s D’Aniello Institute for Veterans and Military Families (IVMF) in order to bring retirement education workshops to entrepreneurs across the U.S. Robinhood says that they are honored to partner with an organization “helping veterans and veteran… Read More

March 29, 2024 @ 9:00 am By Omar Faridi  |  

NewRetirement, a comprehensive, digital-first financial planning platform for consumers and enterprise partners, announced that it has closed its Series A round with $20 million in funding. The funding round was “led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture… Read More

December 19, 2023 @ 10:22 am By Omar Faridi  |  

Betterment at Work, a provider of modern financial benefits for today’s diverse workforce, today released a new survey on the state of retirement readiness across the U.S. workforce. The report, which tracks year-over-year trends “from 2022, polled 1,000 full-time U.S. employees to examine how retirement… Read More