401(k) Real Talk Episode 11: April 6, 2022

Welcome to this week’s edition of 401(k) Real Talk, where Fred Barstein, contributing editor for WealthManagement.com's RPA Edge, reviews all of last week’s industry news and selects the five most important/interesting stories. 

Stories covered in this week’s edition of 401k Real Talk:

Goldman Sachs buys NextCapital https://www.gsam.com/content/gsam/us/en/individual/about-gsam/news-and-media/2022/Goldman_Sachs_to_Acquire_NextCapital_Group.html -
State court shuts down Massachusetts fiduciary rule https://www.asppa.org/news/massachusetts%E2%80%99-fiduciary-rule-struck-down
Morningstar ranks best robo advisors https://www.investmentnews.com/morningstar-ranks-best-and-worst-robo-advisers-219451
American Funds and Morningstar partner to offer customized target-date funds https://www.prnewswire.com/news-releases/announcing-target-date-plus-from-capital-groupamerican-funds-powered-by-morningstar-investment-management-llc-301516212.html
SSGA embeds retirement income into target-date series https://www.napa-net.org/news-info/daily-news/annexus-unveils-2nd-tdf-income-solution    https://www.planadviser.com/investment-product-service-launches-032422-to-033122/

Other interesting news:

AIG Retirement to go public and rename https://www.wealthmanagement.com/retirement-news/aig-files-ipo-retirement-business-renames-it-corebridge
Employer’s guide to SECURE 2.0 https://www.businessmanagementdaily.com/67683/what-you-should-know-about-the-houses-new-401k-legislation/
Starter plan bill introduced in Senate https://401kspecialistmag.com/bill-to-create-starter-401ks-introduced-in-senate/
Robinhood offering IRA rollover option https://www.wealthmanagement.com/technology/robinhood-nears-debut-retirement-accounts-within-app
Fiduciary considerations for CITs https://www.plansponsor.com/retirement-plan-governance-considerations-collective-investment-trusts/