Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
February 13th, 2018
Inside View of Sales Strategy and Competition at America’s Best 401K
Josh Robbins, lead strategy officer for the direct-to-sponsor plan provider America’s Best 401K, offers a closer look at the virtues and potential weaknesses of the firm’s “disruptor” model and short sales cycle. Read more >
One-Third of Employers Plan to Use Tax Breaks on Employee Compensation
If employees were to get a pay increase or a one-time cash payout, 51% said they would save it, 30% would use the money to pay down credit card bills, and 7% would spend it. Sixty-nine percent of employees said they would prefer to receive 1% more in their 401(k) rather than 2% in profit sharing. Read more >
How to Make the Leap Upmarket
One might think attracting clients with greater assets under advisement would call for a complicated game plan. But, as two seasoned retirement plan advisers suggest, the answer is much simpler: Serve your current clients well. Read more >
Wagner Law Group Dissects Possible Tax Cuts and Jobs Act Loophole
Since the 20% deduction of qualified business income means that a self-employed individual will be taxed at a lower rate than an employee performing substantially the same work with a broker/dealer firm, might more brokerage employees be driven to act as independent contractors? Read more >
Advisers Beware and Be Cautious When Talking Taxes in 2018
Three Quarters of Americans Have Not Planned for LTC Needs
Wells Fargo Advisors SEC Filing Hints at Federal Fiduciary Investigation
Confusion Abounds After Fifth Circuit Decision Vacates DOL Fiduciary Rule
Advisers Moving to a Client-Centric Model
Sponsored message from AXA
Capitalizing on evolving small to mid-market 401(k) plans
Click to learn AXA U.S. 3 key trends that offer advisors new opportunities to grow their business. Read more >
401(k) Allocations Have Changed
When examining the past 20 years of the Alight Solutions 401(k) Index—formerly the Aon Hewitt 401(k) Index—two major trends emerge: 401(k) portfolio allocations have changed dramatically, and trading activity has steadily declined, except when market corrections occur. Read more >
Default Rates for Auto Plan Features Moving Up
More plans are auto enrolling at a greater than 3% default deferral rate, and 13% of plans are increasing deferrals at more than 1% annually, a PSCA survey found. Read more >
Securian Financial Group Launches Financial Wellness 360
The new financial wellness program is designed to inspire, educate and encourage employees to make lasting financial behavior changes. Read more >
Gainfully Adds Communications Platform for FinTech Firms
The new tool aims to help advisers speak regularly with clients in efficient and seamless ways. Read more >
Market Mirror
Yesterday, the Dow climbed 410.37 points (1.70%) to 24,601.27, the NASDAQ gained 107.47 points (1.56%) to finish at 6,981.96, and the S&P 500 closed 36.45 points (1.39%) higher at 2,656.00. The Russell 2000 was up 13.15 points (0.89%) at 1,490.98, and the Wilshire 5000 increased 367.22 points (1.35%) to 27,526.61. The price of the 10-year Treasury note was down 1/32, increasing its yield to 2.858%. The price of the 30-year Treasury bond was up 7/32, decreasing its yield to 3.146%.

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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