Mutual Fund Managers ‘Dodge Bullet’ on Swing Pricing
The SEC decided not to move ahead with what the mutual fund industry had argued would be a costly proposal to manage market volatility.
News
Enhancing Client Engagement and Scalability Within Your Retirement Plan Business
A 401(k) advisory marketing specialist discusses Days 61-90—and beyond—for creating a successful practice.
Advisers Giving Back: Shane Hanson
Freedom Fiduciaries founder turned a 10-day trip running a basketball clinic for disadvantaged children into a lifelong mission to improve...
Government Watchdog Finds IRA Fiduciary Oversight ‘Lacking’
The GAO found numerous conflicts of interest and recommended the IRS work with the DOL to audit IRA fiduciaries.
Sequoia Adds $1.6B Wealth, Plan Advisory Arm
Sequoia Financial Group will acquire Eide Bailly’s wealth management unit in exchange for an equity stake in Sequoia.
Transamerica Reveals Greatest Retirement Dreams and Fears
While middle-class Americans dream of an ideal retirement, they are increasingly anxious about financial security, according to Transamerica’s latest report.
Older Workers Step In as Share of Prime-Age Cohort Falls
A new EBRI analysis indicates older workers continue past traditional retirement age, calling for attention by employers to retirement plan...
CFP Board Announces $500,000 Gift for College Scholars Program
The donation from financial professionals Charles and Judy Goldman will provide financial assistance to college students seeking CFP certification.
Compensation Gap Widens Between Companies, Workers
A growing disparity exists between employee expectations and the salary and support companies plan to provide, according to a new...
‘Emerging’ Health Plan Litigation Signals Need for Plan Adviser Diligence
A Wells Fargo health plan lawsuit is a reminder for plan advisers and sponsors to carefully consider and document their...
Social Security Administration Simplifies Supplemental Claims
The Social Security administration announced the results of a multi-year project to simplify processes for those with disabilities and the...
TIAA Pens Multi-Year Deal With Accenture to Transform Its Retirement Recordkeeping
The deal will tee up about 1,500 TIAA employees in the U.S. and India to move to Accenture, while TIAA...
In-Plan Annuity Providers Advised to Lean On ‘Pension Nostalgia’
A consumer focus group run by Hearts & Wallets found increased interest for in-plan retirement income annuities—though often for ‘someone...
Advisory M&A News – 8/26/24
Rise Growth Partners Announces first strategic investment in Bleakley Financial Group; Sanctuary welcomes $400 million North Carolina-based TOVA Wealth; DFA...
Alight Names Dave Guilmette as CEO
The vice chair of the board will elevate to CEO so he can ‘hit the ground running,’ according to the...
Passive Products Widen Lead on Active in DC Managed Assets
Passively managed assets in defined contribution retirement plans have increased their market share three years in a row, according to...
Unpacking New Use of 529s to Invest in Roth IRAs
As many parents around the US bring their kids back to college campuses, attorneys unpack 2024 provisions that make 529...
Retirement Industry People Moves – 8/23/24
Cetera appoints Mackay president of Cetera Solutions; Vanguard announces Robinson as general counsel; OneDigital welcomes Grier as managing principal; and...
Mercer PEP and DC Group of Plans Hit Combined $3.6B AUM
The platform provides 401(k) benefits to more than 70,000 U.S. employees.
Insurers Collaborate to Digitize Retirement Income Annuities
The Insured Retirement Institute is leading the charge to improve the wait time for retail annuity sales and exchanges from...