Raymond James Steps Into ETFs, Adds Mo Sparks as Head of Division
An ETF product platform is expected to launch in 2025.
News
IRS Proposals Aim to Clarify SECURE 2.0 RMD Reforms
RMD age increases, annuities and excise tax corrections would be codified by the proposals.
Retirement Industry People Moves – 7/19/24
Alternatives specialist Camarda joins Star Mountain Capital; Nuveen promotes Malik to head of equities, fixed income; FINRA adds SVP heads...
Financial Adviser Turnover Steadies After Post-Pandemic Churn
A new report by ISS Market Intelligence found adviser turnover reverting to the mean and a continuing trend of advisers...
Facing Delayed Retirement, Many Americans Wish They Had Started Saving Sooner
According to new reports from Voya and F&G Annuities & Life, most Americans wish they had started saving for retirement...
IRS Finalizes 10-Year Rule
Annual required minimum distributions will be required for inherited retirement assets, come 2025, with some needing to be fully withdrawn...
IRI Seeks Input on Annuity Data Standardization
Group wants ideas on how best to compile relevant data so annuities can be marketed more effectively.
Product & Service Launches – 7/18/24
Pearl Diver Credit Co. Inc. launches initial public offering; Ocean Park Asset Management announces launch of 1st ETFs; TIAA launches...
Human Interest Aims for Public Listing
The BlackRock-backed 401(k) provider says its latest $267 million financing furthers a groundwork to go public.
Franklin Templeton Adds Clearwater Stable Value Technology Provider
The partnership comes ahead of a likely drop in interest rates that will make the insurance-backed offerings more attractive.
Thornburg Investment Management Announces 2 Leadership Additions
The firm named Billy Rogers as chief operating officer and Jodan Ledford as head of Institutional.
Mutual Fund Fees in 401(k)s Have Dropped by More Than Half This Century
ICI data show the steady drop in mutual fund fees, even as the most popular 401(k) investment vehicle faces competition...
Off-Channel Communication Tops Investment Adviser Compliance Focus
Communications such as using personal texts with clients topped the marketing rule as the ‘hottest’ SEC regulatory concern for investment...
Insurers Respond to DOL to Forward Fiduciary Rule Lawsuit
Insurance industry advocates press forward with an attempt to get an injunction on the Retirement Security Rule before the September...
Retirement Law Group Rebrands as Fiduciary Law Center
Jason Roberts’ ERISA legal practice aims to represent the broader footprint of its services while also bringing on Matthew Eickman...
Osaic Enhances Retirement Income Tool for Financial Advisers
The wealth management platform augments its income planner for financial advisers currently managing more than $4 billion per year.
TPA-Advocate Group NIPA Names Next Officers
The institute taps five 2024-2025 board officers.
Why Chevron Reversal May Make Retirement’s ‘Most Cautious’ Players More Risk-Averse
ERISA experts also suggest that longer-term court rulings could lessen regulatory flip-flopping.
Retirement Industry People Moves – 7/12/24
Cambridge Investment Research hires Robertson as senior director of retirement plans; FinServ adds Treichel, Rhoiney to board; Voya brings Mullaney...
Product & Service Launches – 7/11/24
T. Rowe Price launches tax-free fixed-income ETF; Broadridge adds values-based investing tool for advisers; and Principal brings second annuity with...