Alegeus Announces Launch of New HSA Solution
Its features include fractional trading up to eight decimal points, auto-rebalancing and real-time account opening and trading.
News
Estee Lauder Excessive Fee Suit Moves to Pretrial Conference
A district court judge has denied the defense’s motion to dismiss without offering any explanations for his reasoning in court documents.
Midsize Plan Claims Self-Dealing by Russell Investments
The same attorney that is representing employees of Caesars Entertainment in a self-dealing lawsuit filed in May against Russell Investments...
Judge Moves Forward Some Claims in Excessive Fee Suit, Rejects Others
A judge found there was no evidence that fiduciaries of B. Braun Medical's retirement plan violated ERISA's duty of loyalty,...
Advisers Who Successfully Serve the LGBTQ Community
Retirement plan experts say people in this market are in need of advisers who are attuned to and understand their...
More Clients Are Using Social Media to Vet Advisers
Hartford Funds data finds that, overall, 33% of respondents reported seeking financial advice online and almost half say social media...
IRS OC List Helps Plan Sponsor Clients Ensure Operational Compliance
An updated page on the IRS website serves as a reminder of requirements in effect and those that will be in effect soon.
When ‘Eating Your Own Cooking’ Becomes Self-Dealing
One conclusion that can be drawn from the rash of self-dealing lawsuits filed in the retirement plan services industry is...
Northern Trust Faces New Fiduciary Breach Allegations
The plaintiffs argue the plan lost ‘tens of millions of dollars’ in retirement savings due to the retainment of Northern...
David Blanchett Named as QMA’s Head of Retirement Research
One of his top priorities will be to provide research to develop retirement income products for DC plans.
Serco Settles Excessive Fee Case for $1.2 Million
The class action lawsuit had charged the Navy defense contractor with selecting higher-cost mutual funds when cheaper options were available,...
John Hancock Life Insurance Agrees to Settle ERISA Self-Dealing Suit
The defendants have agreed to a $14 million payment and to procedural changes.
Generations Respond Differently to Retirement Savings
Gen Xers and women reported facing multiple struggles in saving for retirement.
The CFP Board to Include the Psychology of Financial Planning in Its Certification Exam
The aim of expanding the training to include more people skills is to help advisers align more closely with their...
Retirement Industry People Moves
CIM hires director for credit research; State Street Global Advisers CIO announces retirement; John Hancock retirement selects CEO for retirement...
‘Secure Act 2.0’ Likely to Become a Reality
Retirement Plan Execs Confident Senate Will Pass the Bill Into Law
Talking Taxes, Inflation and Bucket Strategies
Reflecting on the common conversations they are having with their near-retiree clients, advisers say there is broad certainty that taxes will increase in the future, and also a...
RIA in a Box Enables Automated Communications Archiving and Review
It also helps wealth management RIAs be better prepared for examinations.
Employees and Employers Are Paying Attention to Annuities
Research from SRI anticipates the annuity market to grow as much as 30% by 2025.
Aon Aims to Sell U.S. Retirement Business to PE Firm Aquiline
The firm also intends to sell the Aon Retiree Health Exchange business to Alight, at least in part to head off potential antitrust concerns associated with its ongoing...