Mesirow bought flexPATH’s plan-level 3(38) book on August 13, an implied $26 billion. Why every outsourced 3(38) fiduciary deal needs a committee vote.
Browsing: target-date funds
Vanguard and TIAA’s new target-date annuity revives in-plan lifetime income. Only 8.9% of plans offer it, 59% of sponsors want it. Here is the 2026 math.
Target-date CITs reached 54% of $4.8 trillion in 2025 as mutual funds keep losing the 401(k). What advisors give up when the wrapper changes.