DOL Submits Request for Information About PEPs to OMB
The request, made July 1, indicates the Department of Labor is preparing PEP-related reports, per provisions in the SECURE and...
News
Despite Enthusiasm, Employees Underwhelmed About AI’s Potential
According to two different surveys, employers must go beyond just providing access to AI and do more to train their...
Massive Tax and Policy Bill Signed Into Law
President Trump signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to...
Wealth Transfer Planning Vital for Advisers to Retain Client Assets
Quality relationships continue to be essential for driving assets in the wealth management space, according to Cerulli Associates.
Investors Are Proactive in Financial Planning Amid Economic Uncertainty
Betterment survey finds younger retail investors are more involved with their financial planning than ever and are looking for guidance.
Product and Service Launches – 7/3/25
Morningstar debuts features in Direct Advisory Suite; World Investment Advisors announces technology tools; MyVest partners with InvestSuite for custom model...
Deepfaked Fiduciary: The Real AI Threat Nobody’s Talking About
Adviser Neil Plein explains how fiduciaries can be prepared to minimize the risk to their practices from increasingly sophisticated scams...
Parties Agree to $48.5M Settlement in Pentegra Fiduciary Breach Case
A jury awarded plaintiffs in the case, Khan et al. v. Board of Directors of Pentegra Defined Contribution Plan et...
Auto-IRA Program Approved by Massachusetts Legislature
The FY 2026 budget bill includes the provision creating the Massachusetts Secure Choice program.
Supreme Court Seeks Input from Solicitor General in 401(k) Fees Case
Originally filed in 2021, the lawsuit alleges the company violated ERISA by retaining target-date funds that were high cost and...
AI Firm Jump Announces Integrations with eMoney and RightCapital
The partnerships allow advisers to keep financial plans updated without manual data entry.
Cetera Launches Alternative Investments Allocation Models for Advisers
The first model portfolio, now available, is the Cetera Blended Alternatives Model – Moderate, which includes six alternative funds with...
Former EBSA Head Lisa Gomez Joins Pontera as Strategic Adviser
The former assistant secretary of EBSA will work alongside recordkeepers, retirement plan advisers, plan sponsors and participants on key policy...
Natixis Prevails at Court in ERISA Complaint
The judge ruled that the defendants had not breached their fiduciary duty by acting in their own interests, following a...
EBSA Eliminates Three Interpretive Bulletins, Calling Them ‘Unnecessary’
The Department of Labor’s Employee Benefits Security Administration announced on Monday that it is removing three interpretive bulletins related to the Employee...
Selecting the Right Platforms for a Successful Practice
To make sense of the many available options, plan advisers need to know what they are looking for.
Kestra Survey Looks At ‘Messy’ Succession Planning
While many 1st Generation advisers express confidence in their succession plans, only 6% of those planning to retire within the next decade have a fully documented strategy in...
American Workers Spending Less Time Reviewing Workplace Benefits
Three in four benefits-eligible workers expressed interest in support and guidance tools to help them understand how much to set...
Plan Sponsors Interested in Plan Designs and Programs that Enhance Participant Wellness
Despite most plan sponsors feeling a strong responsibility for employees’ financial well-being, programs such as emergency savings, student loan repayment...
Great Gray Trust Company to Collaborate With BlackRock
BlackRock’s glidepath will power Great Gray Trust Company’s new retirement solution with access to private markets.