SPARK To Host Workshops On SECURE 2.0 Implementation
SPARK Institute and Vangaurd will host the workshops to focus on collaboration between retirement plan recordkeepers and payroll providers on...
News
Product & Service Launches – 6/27/24
John Hancock launches multi asset credit fund with Manulife; Morgan Stanley Wealth adds suite of generative AI tools; Avantis offers...
OneDigital Promotes Bailey to Grow Northeast
Emily Bailey will oversee the New York to Maine region with an eye to build on the team’s roughly 400-person footprint.
SEC’s ALJ Process Rolled Back by Supreme Court
The court ruled that issuing fines administratively violates the Seventh Amendment.
SageView Launches First Pooled Plan Solutions With Transamerica
RIA jumps into the PEP space as the 3(38) investment manager and financial adviser for a couple pooled plan options.
CFP Board Files Amicus in Support of Retirement Security Rule
Brief pushes back on arguments it will be costly to implement and limit advice to retirement savers.
House Republican Appropriations Proposal Would Cut EBSA and Block Fiduciary Rule
The budget bill is unlikely to pass in its current form.
Technology Integration ‘Linchpin’ for In-Plan Retirement Income
Middleware providers that offer annuity incorporation and portability across retirement plan recordkeeping platforms will play a key role in uptake,...
Conference Board Reveals 6 Key Areas to Drive Productivity
Skills development, management capabilities and organizational agility are among the key drivers of team productivity.
Judge Dismisses 401(k) Excessive-Fee Lawsuit Against PNC Financial
A federal judge in Pennsylvania decided an an expert witness to the plaintiffs was unreliable, leading to a dismissal of the allegations.
Retirement Confidence Not Recovered, But Steady, Says EBRI
Although confidence hasn’t recovered since the last reading, many Americans feel optimistic about their retirement.
Fisher Investments to Spin Off Independent 401(k) Practice
The RIA is spinning off its 401(k) division to become Fisher Retirement Solutions.
Preparing for the Retirement Security Rule
Some provisions are set to come into effect in September.
Many Participants With Company Stock Puzzle Over Use
There is need for more education in areas including retirement planning from equity compensation plans, according to Morgan Stanley at...
Capital Group Names Top Focus Areas for DC Investment Consultants
Evaluating plan needs and offerings for retirement income, TDFs and participant outcomes top the list for DC investment consultants for...
55-Year-Olds Twice as Likely to Rely on 401(k) Compared to Predecessors
The reliance on 401(k)s means retirement industry must turn attention to this group about 10 years from the traditional retirement...
DOL’s IB 95-1 Report Calls for Further Review of DB Pension De-Risking
The report from the DOL’s EBSA summarized the concerns of some stakeholders, but makes no recommendations of its own.
Advisory M&A News – 6/24/24
Wealth Enhancement Group adds Atlas Fiduciary Financial; Cruz joins Ameriprise Financial; NewEdge Advisors welcomes Stonebridge Financial Partners.
Plaintiff Lawyers Can Now Use AI To Identify Potential Plan Issues
Tech and legal firm Darrow uses AI as a tool for ERISA lawsuit allegations such as underperforming plans, excessive fees.
NEPC Looks at ROI of Managed Account Savings Advice
In a new white paper, the consultancy walks through the benefit versus cost of personalized savings advice from defined contribution...