Paper Offers Tutorial for Choosing DC Plan Lifetime Income Investments
Groom Law Group has published a guide that discusses fiduciary duties in the context of providing lifetime income options within defined contribution plans.
News
AssetMark Launches Marketing Advantage Platform
The all-in-one marketing platform seeks to help advisers implement powerful marketing strategies, build relationships and grow their business.
Retirement Industry People Moves
M&T Bank and Wilmington Trust leader Bill Farrell announces retirement; Hub International expands capabilities in California with new acquisition; Creative...
More Lessons From Record M&A Action Backed by Private Equity
In part due to the growing role of private equity backers, competition between ‘financial buyers’ and ‘strategic acquirers’ appears set to heat up in the coming years.
Adviser Industry Fee Pressures in Focus
As competition heats up and clients expect more for their fees, forward-thinking advisers are focused on both protecting existing revenue...
iJoin, American Trust Team Up on Personalization Tool
Advisers can obtain greater data and insights that are more tailored to offer participants an individualized experience.
Investment Product and Service Launches
Nasdaq Fund Network adds new 529 plan share classes; AllianceBernstein and Vestmark unveil custom municipal solutions platform; Vanguard bolsters roster...
How Advisers Can Help Low-Income Workers Save in Employer-Sponsored Plans
Financial wellness campaigns that explain the benefits of delaying Social Security until full retirement age can also help low- and...
Yum! Brands Partly Defeats Retirement Plan Eligibility Lawsuit
The plaintiff sued to seek recognition of his years of employment from 1995 through 2020 for purposes of calculating his...
ESOPs Benefit Plan Sponsors and Participants
Research examines how employee stock ownership plans have helped workers and employers alike throughout the COVID-19 pandemic.
Recordkeeper Empower Retirement Announces Name Change
The change, which will see the word ‘Retirement’ dropped from the recordkeeper’s name, represents the company’s efforts to enhance its...
Americans Focused on Financial Security and Planning
A New AIG Life & Retirement study shows respondents are focused on long-term financial planning, with many intending to seek help from a financial professional during 2022.
Court Denies Dismissal of Duke Energy ERISA Suit
The plaintiffs suggest the plan, its participants and beneficiaries have suffered ‘significant losses totaling millions of dollars,’ and a district...
Helping DB Plan Sponsors Consider Risks for Their Portfolios
Investment managers discuss opportunities moving forward for corporate defined benefit plans.
Advisers Say Clients Are Showing Increased Interest in ESG, Crypto Options
A new survey suggests advisers are also using social media more often to reach new clients, though many argue that better technology tools would greatly help with this.
FSI Partners With INROADS on Diversity and Inclusion Initiative
The two organizations will partner with FSI member firms to create mentorship opportunities and career pathways for young people in underserved communities.
AssetMark Launches Digital Prospecting Capability for Advisers
The new tool makes it easier for advisers to reach prospective clients and gain insight into their needs, preferences and interests.
Caution Clients Against IRA Asset Class Mistakes
A recent court case demonstrates why owners of self-directed IRAs should be careful about their investment strategies and asset classes—and...
IRS Identifies Changes to 403(b) Plans for Second Remedial Amendment Cycle
The 2022 Cumulative List will assist providers of Section 403(b) pre-approved plans applying to the IRS for opinion letters.
NYC Courier Faces ERISA Breach Lawsuit
The DOL has accused the plan sponsor and plan administrator of failing to operate the employer-sponsored 401(k) plan in the...