Fidelity to Limit Third-Party Credential-Sharing for 401(k) Access
Fidelity will soon block financial advisers from using third-party fintech services to access clients’ workplace plans.
Client Service
Morningstar to Change Rating Methodology for Managed Investments
The change will alter about 20% of funds ratings, most of which will be downgrades, according to the firm.
ERISA Council Signals More Work Needed for Retirement Income Products in QDIA
The council agrees on the need to balance innovation with regulatory guidance.
People May Start Living to 150, Creating Retirement Paradox
As people live longer, advisers must combat sequence risk while also driving growth to meet inflation, according to an investment...
Social Security Administration Reduces Signature Requirements to Streamline Services
The shift, including accepting more electronic signatures, is part of a larger effort to streamline application processes.
Savings-to-Wealth Convergence: Don’t Forget Banks
401(k) plan participants aren’t the only target of wealth management convergence; Cerulli points to bank depositors as ripe for convergence.
Vanguard to Lower Asset Minimum for Digital Adviser Access
The minimum holding to receive financial advice from "robo-advisory" services will drop to $100 from $3,000.
Enhancing Client Engagement and Scalability Within Your Retirement Plan Business
A 401(k) advisory marketing specialist discusses Days 61-90—and beyond—for creating a successful practice.
Older Workers Step In as Share of Prime-Age Cohort Falls
A new EBRI analysis indicates older workers continue past traditional retirement age, calling for attention by employers to retirement plan...
Unpacking New Use of 529s to Invest in Roth IRAs
As many parents around the US bring their kids back to college campuses, attorneys unpack 2024 provisions that make 529...
Media’s Role in Creating Retirement, Investing Stress
A Capital Group national accounts manager makes the case that simply turning off the TV may help boost financial wellness.
Commonwealth Gets $7M JPMorgan Funding for Low-Income Worker Program
The nonprofit will use the funds to launch an initiative to enhance access to workplace financial benefits to low- and moderate-...
Fidelity Reports 81% Plan Sponsor Satisfaction With Advisers
Survey results emphasize the importance of DC plan advisers in driving plan satisfaction and activity, according to Fidelity.
Digital Retirement Rollover Firm Capitalize Raises Series B Funding
The company will use the $19 million capital raise to support locating and then transferring legacy retirement account rollovers.
Market Sell-Off Highlights Need for Ongoing Participant Education
Advisers say a quiet client response to the market drop is a good example of how regular education helps participants...
Student Loan Repayment Startup Summer Acquires Vault
Summer buys the student loan benefits firm that has worked with recordkeepers such as Voya and Schwab.
Retirement Plan Tech Firm Turns to AI for Video ‘Hosts’
vWise goes live with AI avatars that can provide plan information and guidance to participants.
Fidelity Reports 20% Growth in Assets to $14.1T
The recordkeeping leader continues to build assets, highlighting its growth in overall customer engagement.
Workplace Advice Use Trending Up, But Age, Assets Matter
Data from Hearts & Wallets found that more middle-asset, middle-aged households are turning to the workplace for financial guidance, but...
Video: Lew Minsky Discusses DCIIA’s Past, Present and Future
PLANADVISER talks with this year’s organizational Vision Awards winner about DCIIA’s work to take on the biggest challenges in the...