DOL: Plan Sponsors in PEPs Don’t Necessarily Need to Purchase Fidelity Bond
The department of labor clarified in a response letter some of the responsibility and costs that plan sponsors can offload...
Expert Panel: The Economic and Political Sides of ESG
Experts caution against including political values in investment strategy, but explain that ESG is not a political agenda.
FTX Bankruptcy Has Chilling Effect on Crypto Use in Retirement Plans
The collapse of the cryptocurrency exchange and related plummet in the crypto market has increased concern about including the asset...
DCIIA Announces New Adviser Council
The retirement industry association announced three new advisory councils to support advisers, plan sponsors, and institutional consultants.
Advisers Should Counsel “Cautious Optimism” Amid Cooling Inflation
Retirement experts weigh in on how advisers can help plan sponsors and participants understand news of cooling inflation, but continued...
Retirement FinTech Startup Lilly to Push Credit Card Rewards to IRAs
Venture-capital backed startup Lilly Funds recently launched a savings app to ship cash rewards from purchases to retirement accounts.
Full-Service Retirement Advisers Are Engaging in Busy Open Enrollment Season – With a Light Touch
Retirement advisories at companies also providing HR benefit, wealth management, and financial wellness are talking saving during this period of...
ESG Interest ‘Relatively Weak’ for Do-It-Yourself Retirement Investors
Among new, self-directed DC retirement plan participants, ESG fund allocation is ‘relatively modest when offered in the core menu,’ according...
Regulators: Crypto, Fake IRAs Increasingly Used to Scam Older Investors
Representatives from NASAA, the SEC, and FINRA spoke about the need for financial advisers and firms to be trained to...
Midterm Election Results Could Delay SECURE 2.0
A shift in Congressional power in Washington to Republicans could delay passage of SECURE 2.0 and push Democrat's ESG and...
ForUsAll Will Drop DOL Crypto Suit if Court Confirms Prior Guidance is Non-Binding
ForUsAll CEO David Ramirez says the firm offered to drop its lawsuit against the DOL so long as the agency...
Women in Senior Roles Reach Retirement with 62% of Wealth of Male Peers
The wealth accumulation gap between women and men is largest in leadership roles, in part because the pay trajectories for...
Experts: Big Investors, Fiduciaries in “Purgatory” Awaiting DOL ESG Rule
Lack of clarity from the DOL about ESG governance for retirement plans added to a drop in ESG incorporation by...
OneDigital, CAPTRUST, Continue Wealth Management Acquisition Binge
OneDigital’s buying spree adds up to $10 billion in additional assets under advisement this year, while CAPTRUST adds fourth deal...
Private Real Estate Funds Are Up 7.4%. Can More DC Participants Get a Foot in the Door?
Private real estate investments typically only available for institutional and wealthy investors can be a stable hedge against inflation and...
FINRA Prompts Succession Planning for Aging Adviser Industry
Financial Regulator FINRA issues guidance on succession planning for the graying adviser space, including small firms looking to sell.
Direct Indexing Drumbeat Continues with Morningstar Adviser Offering
Morningstar is the latest entrant to tout a direct indexing option for financial advisers, allowing them to invest directly in...
Allianz Life Launches Income Annuity for Use in DC Plans
Allianz finds growing numbers of U.S. workers want guaranteed income options in their employer-sponsored retirement plan.
Adviser CEO Faces Up to 45 Years for Fraud, Keeping Employee 401(k) Contributions
Maddox Group’s Adam Belardino faces up to 45 years in prison for wire fraud and making false statements to the...
The Case for the 60/40 Portfolio’s Survival – In Two Charts
60/40 investing for long-term savers is coming under fire with the recent market downturn and rise in alternative options. Researchers...