News

A new study by Spectrem Group highlights increased trust of financial advisers among wealthy investors, and it offers guidance on how advisers can enhance their relationships with clients.

The Millennial generation ranked ESG factors as equally important as investment outcomes when considering investments decisions, according to a survey.

Affluent investors seek out advice from multiple providers because they are hesitant to trust a single source, a new analysis suggests. 

The program enables small businesses to offer their employees a plan for retirement with no administrative cost to the employer. 

Proposed rules by the IRS would amend the current final regulations under section 417(e) of the Internal Revenue Code regarding the minimum present value requirements of section 417(e)(3)...

The latest example of retirement plan fee litigation questions the offering of an “easy enrollment” function that favored investment into the company’s own TDF mutual funds. 

The lawsuit claims retirement plan fiduciaries breached their ERISA duties by continuing to offer the fund, because it was not diversified.

Knowledge and the right tools can help individuals prepare for and perhaps reduce health care costs in retirement.

BlackRock Updates Lifepath TDFs; and SSGA to Introduce Proprietary Indexes to Replace Terminated Russell Indexes.

Fidelity CEO Abigail Johnson to Succeed Father as Chairman; Hatteras Welcomes Back Managing Director; AB Creates Chief Marketing Officer Role

 

Plan advisers can consult with plan sponsors about their SPDs and determine if they are simple enough for employees to understand while also not subjecting sponsors to legal...

A new report by EBRI suggests that the Census Bureau’s estimates of steep declines in employer-sponsored retirement plan participation were misleading.

The table is for use by pension plans undergoing distress or involuntary termination with valuation dates falling in 2017.

In a comment letter to the PBGC, the ERISA Industry Committee also encouraged a different fee structure and incorporating electronic rollovers of claimed accounts into qualified plans.

The agency says the updated process will reduce plan sponsors’ burden and provide consistent treatment of them, and allow the IRS to secure more complete and timely responses...

GAO also says requiring participants to be employed on the last day of the year to receive matching contributions also lowers potential retirement savings.

 

A federal court judge found it implausible that signs of trouble in an underlying holding of one of Disney's retirement plan mutual funds triggered a duty for fiduciaries...

SEI outlines best practices, including relying on outside providers.

Among this set of advisers, fees are the biggest factor driving loyalty.

More Millennials than Boomers think it should be a requirement.