Wednesday was a busy day for the U.S. Securities and Exchange Commission, which voted to propose two separate regulations that will impact investment managers and registered investment advisers—and which sources say are likely to generate substantial public comment and debate.
Plan sponsors and plan fiduciaries that use the service would add an extra layer of fiduciary protection, with Rockefeller serving as an ERISA 3(38) investment manager.
Fixed annuity sales rose 14% in the first quarter, with all fixed products except income annuities recording positive growth.
INSIDE THE MAGAZINE PLANADVISER March/April 2022
Among U.S. workers who have already retired, just 3% describe their situation as ‘living the dream,’ while 37% say they are comfortable.
Case focused on misstatements and omissions regarding ESG offerings.
What, exactly, is firm culture, and what does it take to build a positive and productive environment for staff and leadership alike?
Advisers prefer managed accounts as a retirement income solution, a PIMCO survey shows.
The long-awaited full Senate hearing is now on the docket for next week.
A new survey report notes that women control a third of total U.S. household financial assets today—more than $10 trillion—and as much as $30 trillion more is expected to shift into the hands of U.S. women over the next five years.
The plaintiffs in the suit, who have already sued their plan sponsor, are now bringing a service provider into the litigation.
The SEC says the charges and settlement show even the most sophisticated institutional investors, like pension funds, can become victims of wrongdoing.