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.
News
CFP Board Launches Campaign to Attract Young Talent to Financial Planning
Ads targeting younger workers call financial planning “quite possibly the perfect job.”
Americans Brace for Election’s Impact on Retirement Planning
Experts from Wealth Enhancement, summarizing a recent survey, say Americans are still optimistic about retirement in the long run.
Court Grants Genworth Class Certification Appeal
Plaintiffs can appeal class action status granted earlier this month to participants who were invested in BlackRock Inc. target date...
2025’s Tax Sunset and DC Plans
The first article in this quarter’s PLANADVISER In-Depth series, which considers the state of retirement in the U.S., looks at...
More Than Half of Plan Advisers Expect to Use AI
Adviser practices using artificial intelligence may become a reality in the next 12 months, according to BlackRock surveying.
Advisory M&A News – 9/16/24
Savvy adds financial advisers Martino and Moore; Ty J. Young Wealth Management acquires Amatulli and Associates Financial Services; Carson Group...
It’s Time to Rethink Retirement, Says T. Rowe Price
According to a white paper from the firm, employers should customize benefits for a ‘transitioning to retirement’ workforce.
Mixed Results for Corporate Pension Funded Statuses
Most pension trackers reported that equity markets performed well in August but were offset by an increase in liabilities.
Retirement Industry People Moves – 9/13/24
OneDigital welcomes Andrea Madonna as benefits consultant in Florida; Bitzer, Cox Cuerington join Franklin Templeton; IRALogix taps Haas as CFO;...
Enhancing the Retirement Plan Digital Experience
J.D. Power finds digital channels are often lacking for participants.
DC Plans in US Need to Cover More Workers, TIAA Finds
A study of global pension systems also suggests that workers should be required to join 401(k)s and other retirement programs.
ERISA Council Signals More Work Needed for Retirement Income Products in QDIA
The council agrees on the need to balance innovation with regulatory guidance.
Product & Service Launches – 9/12/24
Milliman offers Candidly student loan certification solution; WTW launches flexible benefits service; Arete Wealth and Luma partner on structure products...
SEC Committee to Host Investment Advice Discussion
The regulator’s advisory body will hold a public hearing September 19 to address fiduciary advice in the wake of the...
T. Rowe’s TDF Team Launches Personalized Offering
The asset manager offers a managed account-like investment option built on its target-date-fund strategies.
How Recordkeepers Can Stay Competitive
Accenture, fresh off its partnership with TIAA, says scale or specialize.
Social Security Cost-of-Living Adjustment Forecasted at 2.5% for 2025
The Senior Citizens League projects next year’s cost-of-living adjustment on a day when the Consumer Price Index rose 2.5% over...
Nuts & Bolts: Solo 401(k)s and SEP IRAs
What advisers need to know about Solo 401(k)s and SEP IRAs.
New Retirement Income Solutions Developing for QDIA Integration
An ERISA Advisory Council meeting introduced strategies to incorporate retirement income solutions into qualified default income alternatives.