DOL’s Khawar, Among Architects of New Retirement Fiduciary Rule, To Step Down
The career EBSA official who had been appointed by Biden to principal deputy assistant secretary will be leaving January 20.
Retirement Industry People Moves – 12/13/24
Lincoln Financial names an industry veteran as VP of investment distribution and new hires to its retirement plan services team;...
“Shadow SEC” Group Aims to Shape Discussions on Federal Securities Laws
A group of academics created the group to seek the “wisest possible federal securities laws and policies,” and backed Trump’s...
What to Know About the 10-Year Inherited IRA Rule
A tax specialist unpacks the end of the ‘stretch’ IRA brought in by SECURE 2.0.
Product & Service Launches – 12/19/24
Future Capital partners with AssuredPartners Investment Advisors; TPSU reports growth rates for retirement plan fiduciary training in 2024; Pacific Life launches registered index-linked annuity.
Concurrent Hires David Montgomery from OneDigital to Head Retirement Plan Division
The RIA has hired Montgomery to further its retirement focus while also announcing a partnership with TIFIN @Work on a...
CAPTRUST Adds Advisories Overseeing $1.97B
The RIA ends the year with the acquisition of advisories in Minnesota and Virginia.
Compliance Year in Review
David Kaleda, an ERISA expert, reflects on the year that was for plan fiduciaries.
RIA Succession Planning Drops to New Low
DeVoe’s annual team management survey paints a dire picture of succession planning for aging advisories.
BlackRock Makes TDF With Annuity Option Its Plan QDIA
BlackRock plan participants will now be defaulted into its LifePath Paycheck, which offers an option to annuitize a portion of...
Former WAMCO Exec Leech Pleads Not Guilty to Cherry-Picking Allegations
Ken Leech is fighting accusations of making favorable trades for some clients at the expense of others.
Advisers Giving Back: Theresa Conti
A retirement industry leader takes time out every holiday season to provide gifts to kids in need in her local...
ERISA Advisory Council Approves 3 New QDIA Recommendations
The council is seeking to provide more participant education on retirement income options and a safe harbor for IRA rollovers.
Retirement Industry People Moves – 12/13/24
Franklin creates division, gives new roles to retirement leads; Borzi, Iwry, Kasiarz win EBRI’s lifetime achievement award; Beacon Pointe names...
Preparing for Next Round of SECURE 2.0 Provisions
More sweeping provisions will become active in January.
5 Marketing Tips for 401(k) Advisers in 2025
Rebecca Hourihan recommends New Year’s resolutions for plan advisers.
Product & Service Launches – 12/12/24
J.P. Morgan partners with CAIS to allow advisers access to alternative investments; Pontera partners with Independent Advisor Alliance; and AllianceBernstein...
Americans Looking Ahead to Year of ‘Living Practically’
New Year’s financial resolutions include building back up emergency savings tapped in 2024, according to Fidelity’s 16th New Year’s survey.
Morningstar Drops Recommended Safe Withdrawal Rate to 3.7%
According to analysts, higher equity valuations and lower fixed-income yields caused them to reduce their average safe withdrawal rate from...
Gallagher Expands Insurance, Benefits Footprint With $13.5B Deal
Insurance and benefits consultancy Gallagher has agreed to acquire AssuredPartners.