At the same time, more demand for financial advice has many retirement plan advisers looking to stay in the business
CFP Board names new D&I director; T. Rowe Price Retirement hires senior sales executive; Mid Atlantic Acquires PensionPro; and more.
RMDs in large DB plans and participant loans are among the items the agency says it will target in compliance initiatives.
Vanguard lowers fees for Target Retirement Trusts; State Street Global Advisors announces new bond ETF; Bernstein Research launches Alphalytics; and more.
Strong market conditions, increased competition from buyers and favorable deals for sellers laid the foundation for the activity, according to the latest data published by Echelon Partners.
More than one-third failed a basic Social Security quiz administered by MassMutual.
The partnership gives RightBRIDGE users access to detailed employer-sponsored plan data.
The offering is billed as a new and affordable way for independent financial advisers to obtain ACA-compliant medical health insurance for themselves, their licensed staff and their families.
The case history of IBM v. Jander shows the importance, but also the limitations, of Supreme Court rulings in fiduciary breach cases involving ERISA.
The complaint against Wesco Distribution also alleges that the defendants chose higher-cost share classes for investments.
The judge found that plaintiffs in the case challenging the use of an actively managed TDF suite rather than its index version have pleaded sufficient claims.
LeafHouse and investGrade announce new marketing VP; AIG selects executive VP, global head of Operations; Loomis, Sayles & Company add leaders to ESG practice; and more.
eMoney Advisors adds new features to Monte Carlo set; Investors Heritage launches latest fixed index annuity; Wisconsin and Voya Investment Management reduce fees on Tomorrow’s Scholar 529 program; and more.
One feature the new complaint has in common with suits filed previously by Capozzi Adler is its reliance on comparing the plan’s expenses for investments and administration services with a group of alleged peers.
As part of an excessive fee lawsuit against Shell Oil, Fidelity was named as a defendant and accused of breaching its fiduciary duties by sharing participant data with affiliates for solicitation of other products.
This is expected to enable advisers to engage with clients in technologically advanced ways
Employers working with AIG Retirement Services can select from different virtual and mobile elements—including QR codes, instructional videos and interactive education modules.
They aim to make it easier for advisers to launch and monitor automated marketing campaigns