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Rating:The Fundster 401k Roundup, May 17-June 14 Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 14, 2019

The Fundster 401k Roundup, May 17-June 14

Reported by Neil Anderson, Managing Editor

TPA Talk

Gerald Thomas Bramlett
Head of FuturePlan
The Ascensus team seems to be keeping up their steady acquisition pace, and most of those purchases are TPAs for the FuturePlan unit led by Jerry Bramlett (though Ascensus is also a 401(k) recordkeeper, among other things). Recent deals include a national TPA and an Arizona shop.

RKer Reports

Bruce Corcoran is filling out his team to extend ICMA-RC's reach into the 403(b) space. (The recordkeeper traditionally focuses on 457 plans.)

Voya is a teaming up with a 3(38) shop and a trio of DC I-Os to power a new small-market retirement plan product.

Government Gossip

Defined contribution industry insiders mostly cheered last month when the House passed a retirement plan reform package. Yet the Senate has not yet followed suit.

The SEC's Reg BI package isn't just a retail wealth management thing; it's attracting retirement plan industry attention, too.

DC I-O Dispatches

Three DC I-O directors recently left Eaton Vance.

A DC I-O vet joined a blockchain-powered startup striving to make alternative investments more accessible.

Yaqub Ahmed is making changes to the Franklin Templeton DC I-O team.

Aruna Hobbs is building out MassMutual's DC I-O team.

A 13-year Russell veteran from the institutional channel left the firm last month.

A Principal alumna joined the DC I-O team at the Hartford.

As always, this edition of MFWire's Fundster 401k Roundup column is powered by our DC-focused sister publication, 401kWire

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