The ruling states that the court does not believe hearing oral arguments would be helpful in resolving the parties’ cross motions, and it concludes the facts as pled do not raise a ‘plausible inference’ that a fiduciary breach occurred.
In 15 out of the 18 categories of domestic equity funds considered, S&P Dow Jones Indices finds the majority of actively managed funds underperformed their benchmarks during the year that ended June 30th.
One commentator who works in the employee stock ownership plan space says the ruling represents “one of the most comprehensive rebukes of DOL arguments” in such a valuation case.
HSA Bank's Retirement Healthcare Cost Calculator is designed to show the value of saving and investing in health savings accounts (HSAs).
The appellate court has rejected the use of the "Segal Blend" when calculating withdrawal liability.
A Cerulli Associates report finds recordkeepers expect to beef up their cybersecurity staff.
Transamerica adds new TPA services VP; Franklin Templeton to acquire O’Shaughnessy Asset Management; Financial Advocates acquires Waddell & Reed; and more.
In granting the defense’s motion for summary judgment, the court brings to a close one of the longest-running and most complicated ERISA lawsuits.
The IRS addresses how to apply the annual additions limitation in an updated Issue Snapshot.
Just as retirement savers use investment diversification for accumulating assets, they need tax diversification for retirement income planning.
The ruling breaks from other district court orders that have held ERISA plaintiffs lack Article III standing to bring claims regarding funds in which they did not personally invest.
Fidelity launches real-time fractional and share trading to advisers; BlackRock rolls out private market tool; abrdn presents new industrial metals ETF; and more.
WIPN leaders and industry partners highlighted important practices when incorporating diversity in an advisory firm.
The underlying complaint was dismissed ‘without prejudice,’ meaning the plaintiff can attempt to replead the claims in a way that satisfies the rules of standing.
A panel presented by ISS ESG discussed the history of sustainable investing and what could change for the future.
The platform is said to accommodate plan growth without time-consuming conversions.
Plan sponsors list their top priorities when working with advisers and recordkeepers.
If you are an adviser who has successfully integrated health savings account planning and investing into your practice, you may want to speak at our upcoming virtual HSA Review event.