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Retirement Plan Academy: Record-keeper Acquisition: Is Your Provider Next?
Thursday, March 31, 2022 at 10:00 am - 11:00 am EDT
Over the past decade, the universe of retirement plan record-keepers has shrunk from 400 to about 150 as providers have acquired competitors. Recently, Empower acquired Prudential’s record-keeping business, Ascensus acquired BB&T’s, and Principal acquired Wells Fargo’s. These acquisitions have forced unexpected changes for plan sponsors.
Join us and representatives of Fiducient Advisors as we discuss:
- Why providers are consolidating
- Recent acquisition activity
- What this means for plan sponsors and participants
About Retirement Plan Academy
Employers must appropriately manage retirement plans on behalf of employees but may not have in-house expertise. The Trust Company of Tennessee’s Retirement Plan Academy can help.
Build your knowledge of retirement plan topics through concise monthly virtual and in-person workshops that offer advice and best practices to plan sponsors at no cost. Retirement Plan Academy is available for all retirement plan sponsors, whether clients of The Trust Company of Tennessee or not.
Society for Human Resource Management (SHRM), HR Certification Institute® (HRCI®) and Continuing Professional Education (CPE) recertification credits are included.