Products April 4th, 2024 Product Partnerships – 4/3/24 AdvisorEngine, Franklin Templeton unveil wealth management platform; Elements partners with XYPN to enhance financial planning; Luma Financial Technologies announces collaboration...
Products & Services April 4th, 2024 DoorDash Pilots Portable Benefits Savings Program for Pennsylvania Dashers The test program, which includes a retirement savings option, will run from April through September.
Client Service April 4th, 2024 Definiti Launches Adviser-Focused Program The third-party administrator announced a program for account managers to work with ‘elite’ advisers on retirement plan books of business.
Compliance April 3rd, 2024 DOL Extends Time for SECURE 2.0 Reporting, Disclosure Comments The DOL’s EBSA will take public comments for an additional 30 days.
Deals & People April 3rd, 2024 Alera Group Leaning Into Small Market, Startup Plan Creation The retirement advisory announced enhancements to its PEP with the Standard, along with a small market partnership with Vestwell and...
Compliance April 2nd, 2024 DOL Creates More Ways for QPAMs to Be Disqualified The rule adds kinds of misconduct that could result in disqualification and requires managers to also indemnify their clients if...
Deals & People April 2nd, 2024 OneDigital, Creative Planning Announce Texas Acquisitions Both firms made additions to expand their respective retirement plan and wealth management footprints in the state.
Data & Research April 2nd, 2024 ‘Magic Number’ for Retirement Hits All-Time High Northwestern Mutual finds Americans now target $1.46 million for retirement, while a separate Lincoln Financial study shows inflation as consumers’...
Compliance April 1st, 2024 Chamber of Commerce, ERIC Ask DOL for Modifications to Auto-Portability Proposal Lobby groups asked the Department of Labor to remove the requirement that plans must appoint an official to monitor portability...
Data & Research April 1st, 2024 Vanguard Surpasses BlackRock for Top Spot in Asset Management Brand Ranking The Broadridge Fund Brand 50 report shows the influence of brand on third-party fund selection.
Client Service April 1st, 2024 Tackling Cumbersome ‘Bac(k)’ Office Tasks Former recordkeeper executive Shane Hanson launches Freedom 360 suite aimed at streamlining retirement services and boosting participant engagement.
Products & Services April 1st, 2024 Father of the 401(k) Is Planting a New Workplace Savings Idea Ted Benna has designed a new tax-advantaged workplace incentive program in which workers automatically earn ‘grains of wheat’ that can...
Client Service April 1st, 2024 DEI Efforts Help Industry Serve Shifting Demographics, Client Needs Experts say diverse teams can help improve client service and business needs.
Practice Management April 1st, 2024 Moving the Needle on DEI in Financial Services Mitigating the wealth gap and recruiting diverse talent go hand in hand when promoting inclusion in the retirement advisory industry.
Practice Management April 1st, 2024 WIPN Connects Women in Retirement Sector With Male Sponsors The retirement group launched an ally program after finding that active connections and recommendations had a bigger impact on women’s...
Client Service March 29th, 2024 IRA Rollovers Set to Grow, but by How Much? Experts expect the IRA asset pool of more than $12 trillion to increase from rollovers, but the shift may be...
Deals & People March 29th, 2024 Retirement Industry People Moves – 3/29/24 Nicolet National Bank brings on new wealth, private client services head; Standard appoints new corporate actuary and chief risk officer;...
Compliance March 28th, 2024 SEC Requires Internet Advisers to Be 100% Online In order to register using the internet adviser exception, advisers must provide all their services through a website and not...
Products & Services March 28th, 2024 Product & Service Launches – 3/28/24 Guardian Life adds new RILAs; Voyant offers advisers retirement planning analysis for clients; ADP partners with Summer on SECURE 2.0...
Compliance March 28th, 2024 Cambridge Expects $500,000 Fine for Promised Fee Waiver Failures The firm offered certain fee waivers which were not honored, per a recent regulatory filing.