Tag: 401k
-
Colorado’s retirement plan gets ‘powerhouse’ financial services companies
The Colorado State Treasurer named the two financial services firms that will manage the state’s new retirement savings program called Colorado SecureSavings. BlackRock will handle the global equity portion of the program, while State Street Global Advisors will administer the money market, target date and fixed income asset classes, according to Treasurer spokeswoman Sheena Kadi…
-
Empower Retirement to buy Prudential’s retirement plans
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Greenwood Village-based Empower Retirement announced Wednesday a $3.55 billion deal to buy Prudential Financial Inc.’s full-service retirement business. Terms call for Empower to acquire Prudential’s (NYSE: PRU) retirement plan record-keeping and administration business, which includes 4,300 workplace savings plans with about 4 million participants with…