PLANSPONSOR Weekend Newsdash
Week ending January 15th, 2016
NOTE FROM THE EDITOR
Happy Friday, PLANADVISER readers! It was another jam-packed week for the advisory industry, marked by dramatic downswings in global equity markets. At the time of this writing the DJIA is down 450 points on the day—and -8% on the year—and crude oil is trading below $30 a barrel. Whatever the markets have in store, stick with www.PLANADVISER.com for the information you need to face volatility and uncertain markets head on. *Please note, there will be no news or mailings on Monday to mark the Martin Luther King Jr. holiday.*
Editor's choice
A More Cautious Take on In-Plan Alternative Investments
Differing from the narrative of some providers, one researcher suggests the use of alternative investments may not expand that much further in the DC space. Read more >
What Comes Next for In-Plan ESG Investing?
From the headline-grabbing U.N. climate summit held in Paris to new DOL regulations on environmentally-minded investing by retirement plans, sustainability is clearly on the mind. How are providers responding? Read more >
Yet Another Year of Adviser Growth Sought
It’s not surprising that independent advisory business owners want to keep growing their practices in 2016, but their level of confidence in the face of volatility and unfavorable demographics is striking. Read more >
Awareness of Fee Levelization Is on the Rise
Charging retirement plan participants equitable fees is an issue that retirement plan advisers need to champion, experts say, because plan sponsors are largely unaware of the matter and service providers, particularly recordkeepers that receive revenue-sharing payments, are not very eager to address it. Read more >
State of the Union Underscores Health-Retirement Link
President Obama’s speech to the nation on Tuesday focused more on health care than retirement benefits—neither was a major discussion point—but there was still plenty of food for thought for the DC investment industry. Read more >
MOST POPULAR STORIES
Americans Unfamiliar With 529 Plans

A mere 29% know that they are vehicles for education savings, Edward Jones found in a survey

401(k) Plan Excessive Fee Lawsuit Filed, Settlement Reached

One day after a complaint was filed, Philips North America agreed to pay $17,000,000 to settle the lawsuit questioning its failure to offer a stable value fund and less expensive share classes and investment vehicles for other funds.

Are Managed Accounts Better for Participants Than TDFs?

Professional investment assistance helps DC plan participants’ outcomes; however, an analysis from Alight Solutions found users of managed accounts see higher returns, are more diversified and save more in their DC plans.

Wells Fargo Faced With Revenue Sharing Lawsuit

Despite Wells Fargo's admission and resolution of an error, the Chattanooga Fire & Police Pension Fund wants an accounting of all compensation the bank received while it was trustee of the fund.

When a Downward Trend in the Average Deferral Rate Is a Good Thing

Chris Barlow, national director of defined contribution investments for BMO GAM, riffs on the results of a new “DC Conversations” industry assessment; among the top findings is a downward trend in deferral rates across all sectors since 2010.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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