Retirement Industry People Moves – 3/1/24
SageView names Cowell director of participant education and engagement; The Standard appoints Maixner to national accounts sales director for retirement...
News
Fiduciary Responsibility: 3(38) Services Set to Increase
Plan sponsors are gravitating toward 3(38) investment managers, letting advisers take the wheel, according to a CAPTRUST senior plan adviser.
Manage My Wealth, Please
Plan advisers note increased demand from participants for individual wealth management, noting that they can often do so at lower...
Financial Advisers Push to Manage 401(k) Assets
As demand increases for more holistic financial planning services, firms are looking to expand the market of financial advisers managing...
Convergence Is Changing the Adviser Landscape; Let’s Make Sure It’s for the Better
Freedom Fiduciaries’ CEO discusses the challenges of a B2B industry shifting to integrate consumers and the model needed to get...
Prime Capital Announces Scholarship Fund Encouraging Women to Work in Finance
The program aims to support diversity in the financial services industry.
Nuts & Bolts: Fiduciary Basics
What new advisers need to know about being a fiduciary, which can be plan trustees, plan administrators or members of...
Vanguard CEO Buckley to Step Down This Year
The asset manager’s board will commence a search among internal and external candidates, while CIO Greg Davis has added the...
William Birdthistle Leaves SEC Post, to Be Replaced by Natasha Vij Greiner
Birdthistle greatly influenced many proposals and rules affecting advisers, including the names rule and the predictive analytics proposal.
Product & Service Launches – 2/29/24
Robinhood kicks off gig workplace IRA offering with employers including Grubhub; The Hartford to offer Origin financial wellness program to...
401(k) World: DCIO Managers Adjust to Fee Pressures
The fourth story in this PLANADVISER In-Depth series considers how the rise of CITs and passive options have changed retirement...
LIMRA, SPARK Partner on Retirement Plan Fraud Prevention
The industry organizations plan to issue research and educational materials for plan sponsors regarding how to combat cyber fraud in...
Employee Well-Being Differs Significantly by Demographic
Gender, race, income and age all shape the well-being of employees and should be taken into account when designing workplace...
Senate Committee Advances Julie Su’s DOL Nomination—Again
Su advanced to the full Senate by an 11 to 10 vote for the second time in almost a year,...
‘Exploding Market’ for 401(k)s May Help Shrink Coverage Gap
SECURE 2.0, state mandates, PEPs and engaged financial advisers can all help boost qualified plan offerings, according to providers.
Why 529 Accounts’ Evolution Makes Them Stronger Tools for Advisers
529 accounts not used for education can now be put into Roth IRAs, further strengthening the offering as an employee...
FlexPATH, Wood Group Beat TDF-Selection-Based Lawsuit
A 401(k) complaint alleging fiduciary imprudence was rebutted in a 70-page review of the committee’s selection and review process.
Creating an Exceptional Onboarding Experience for Your New 401(k) Clients
Retirement plan marketing expert Rebecca Hourihan lays out a winning strategy for new client onboarding.
New Voluntary Correction Rules Could Be Finalized Soon
In ‘the next few months,’ fiduciaries may be allowed to self-correct certain administrative errors.
Fidelity 401(k) Millionaire Totals Rebound in Q4 2023
The total number of 401(k) accounts exceeding $1 million at Fidelity increased in last year’s final quarter.