Latest News

Investment advice

October 04, 2017

ERISA Suit Against John Hopkins Partially Tossed

The plaintiffs’ allegations regarding what they allege to be an excessive amount of investment options was summarily tossed by the court, which cites a number of important recent cases as precedence; however, claims regarding excessive recordkeeping fees and providers will proceed. 

October 04, 2017

Mapping Industry Change Just Part of the Job

From a rapidly evolving recordkeeping provider landscape to a potential wholesale rewrite of the tax treatment of retirement assets, today’s environment puts advisers and their clients in a constant state of flux. 

October 03, 2017

RiXtrema Launches Fiduciary Checklist

The checklist covers various fiduciary responsibilities including those not associated with supposed delays or changes to the fiduciary rule, RiXtrema says.

September 29, 2017

SEC Provides Its Own Relief for Hurricane Victims

Joining a number of other regulatory agencies, the SEC has issued important easements and compliance relief provisions for companies and individuals impacted by three recent hurricanes striking the U.S. and its territories.

September 15, 2017

Cybersecurity Must Be C-Suite Concern at RIAs, Brokers and Managers

In conversation with PLANADVISER, cybersecurity attorney and former SEC staffer Marlon Paz suggests it is absolutely essential for advisory firms to have a senior executive “not just appointed but also empowered” as the chief information security risk officer. 

August 22, 2017

A Closer Look at the BICE

A new report, “Everything You Wanted to Know About BICE But Were Afraid to Ask,” offers plan officials key insights on the requirements of the fiduciary rule and the best-interest contract exemption.

August 21, 2017

Manager Changes and the Investment Policy Statement

The rigors of the fiduciary duty can lead plan sponsors to overreact to fund manager changes in the interest of maintaining an atmosphere of proactivity with respect to the investment policy statement.