Compliance January 23rd, 2025 Proposed ESOP Rules Scrapped Following Trump’s Regulatory Freeze A presidential executive order issued Monday led to the withdrawal of rules that had not yet been published in the...
Compliance January 22nd, 2025 Supreme Court Hears Cornell Pleading Standards Case in Oral Arguments The court examined conflicting lower court rulings to decide if plaintiffs must demonstrate more than just the occurrence of a...
Data & Research January 22nd, 2025 Total Number of Advisers Has Stagnated, Cerulli Reports While AUM continues to grow, training, mentorship and succession planning could all help address the headcount stasis.
Products January 22nd, 2025 TIAA and Nuveen’s Target-Date Annuity Strategies Reach 1 Million Accounts The news comes after BlackRock's announcement last week that its annuity-integrated TDF product has surpassed $16 billion in assets under...
Deals & People January 21st, 2025 Trump Names Acting Secretary for Department of Labor The acting secretary will run the DOL while Trump’s nominee for secretary of labor, Lori Chavez-DeRemer, awaits confirmation.
Deals & People January 21st, 2025 Advisory M&A News – 1/21/25 Waverly Advisors acquires Dickinson Investment Advisors; Integrated Partners expands West Coast Footprint with addition of RetirementDNA; Concentric Wealth Management joins...
Compliance January 21st, 2025 2025 Retirement Outlook: Tax Changes, Cryptocurrency Trends and Litigation Reforms According to experts at T. Rowe Price, plan sponsors should anticipate policy updates and possible litigation reforms in 2025.
Compliance January 17th, 2025 ERISA Group’s Lawsuit Seeks to Upend Final Federal Mental Health Parity Rules ERIC argues the final rule goes beyond the authority federal officials have under the mental health parity law’s authority.
Compliance January 17th, 2025 SEC Fines Vanguard for Misleading Retail Target-Date Fund Investors The regulator determined that the firm failed to provide accurate details regarding the capital gains and tax consequences associated with...
Deals & People January 17th, 2025 Retirement Industry People Moves – 1/17/25 JPMorganChase announces new responsibilities for senior leaders; NEPC names Contorno principal and head of DC vendor management; CG Financial Services...
Data & Research January 17th, 2025 Strategies for Enhancing Portfolio Management According to the Carson Group, investors are leveraging equity factors like momentum and low volatility and adopting active fixed-income strategies.
Compliance January 16th, 2025 DOL Proposes Rule to Clarify ‘Adequate Consideration’ for ESOP Transactions The regulation aims to strengthen protections for employees in stock ownership plans
Products January 16th, 2025 Product & Service Launches – 1/16/25 BlackRock’s LifePath Paycheck reaches a milestone; HSA Store launches a mobile app; Green Leaf Launches 401(k) Solution; and more.
Compliance January 15th, 2025 Bechtel Managed Account QDIA Lawsuit Dismissed The complaint accused the engineering and construction firm of defaulting participants into a high-fee option that provided no benefits compared...
Products January 15th, 2025 Prudential, Dimensional Fund Advisors, FIDx Announce Product Partnership The collaboration will allow for protected lifetime income strategies to be added to managed accounts via the FIDx Insurance Overlay...
Deals & People January 15th, 2025 OneDigital Acquires Nonprofit HR Solutions, Fueling Expansion The acquisition is OneDigital’s first in the nonprofit sector.
Data & Research January 15th, 2025 Employers Expand Mental Health Support to Combat ‘Burnout’ NFP’s annual benefits report also found, however, a trend of some employers too often putting that mental health support within...
Compliance January 15th, 2025 IRS Offers Assistance to Those Affected by California Wildfires The relief measures include extended deadlines for 2024 retirement contributions and penalty-free hardship withdrawals for those affected.
In Practice January 15th, 2025 Advisers Giving Back: Kristi Baker The plan adviser discusses her work to help create a university-like program for adults with intellectual and development needs.
Compliance January 14th, 2025 SEC Fines 12 Firms $63M for Failing to Maintain Proper Electronic Records The SEC has charged nine investment advisers and three broker/dealers for violations of federal recordkeeping laws.