How to Run a Remote Advisory Firm
‘This is likely the moment we will become full-time remote and never go back,’ one adviser says. ‘The challenge will...
News
Employees, Employers Have More Time to Contribute to Benefit Plans
However, excess deferrals made by participants in 2019 must still be paid to participants by April 15.
FinFit Offers Financial Wellness Platform Free of Charge
The company already had extended financial wellness resources to members affected by the coronavirus.
As Congressional Help Looms, Providers Brace for Hardship Withdrawal Spike
Even as they await federal action, retirement plan recordkeepers have put plans in place to help workers and retirees make the best financial decisions during this challenging time.
American Trust Retirement Adds iJoin to its Platform
It will soon offer the personalized managed account platform to participants.
PCS Creates Communication Platform for Advisers
It will enable them to communicate with participants and sponsors during the coronavirus pandemic.
Are You an Adviser or Consultant?
Think that distinction doesn’t matter? Just ask your service provider partners.
Retirees and Investors Watch for Congressional Coronavirus Action
Recordkeepers expect the volume of loans, hardships and withdrawals will increase in coming weeks and months.
ICI Asks Governors to Consider Shelter-in-Place Exemption for Mutual Funds
“Many states are home to headquarters or critical operations for numerous mutual fund sponsors where Americans have entrusted their savings to meet a wide range of financial goals....
FPA Members Offered Opportunity to Help Investors During Coronavirus Crisis
Financial Planning Association (FPA) members interested in volunteering can contact FPA’s pro bono director.
Advisers Giving Back: Peak Financial Group
Now part of HUB International, the firm hopes to expand its giving to positively impact the lives of children in...
In Coronavirus Response, Merger and Acquisition Activity Slowed by DOJ
The federal government will provide itself 30 additional days to review economically significant mergers and acquisitions—which include for example the purchase of TD Ameritrade by Charles Schwab.
Annuity Challenges Remain Post-SECURE Act
Everyone wants lifetime income products to be portable, but that doesn’t mean building such solutions will be easy.
News Reports: Treasury Wants to See Money Market Fund Guarantee
Media outlets suggest one of the federal government’s responses to the coronavirus outbreak will be to temporarily guarantee money market funds—mirroring what proved to be an important policy...
Voya Announces Availability of Student Loan Debt Benefits
Through a partnership with Vault, employers have three core offerings from which to choose.
Suit Challenging TDFs in Walgreen Retirement Plan to Proceed
Citing previous court decisions, a judge said dismissal is not proper at this early stage and the plaintiffs lack the information to detail their claims until discovery proceeds.
At the Helm: Advisers and Clients Embrace 3(38) Services
The retirement planning world has moved steadily toward 3(38) fiduciary investment management services, driven by the shared preferences of plan...
M&A as Adviser Talent Acquisition Strategy
The retirement planning business is a people business.
Wells Fargo Faces New 401(k) Self-Dealing Suit
Among other things, the lawsuit accuses defendants of selecting funds that that had no performance history that could form the basis of a fiduciary’s objective decision-making process.
Responding to Coronavirus, SEC Eases Certain Fund and Adviser Requirements
While in-person participation is an important part of the financial system regulated by the SEC, the virus is forcing market makers to significantly adjust their operations.