| Fiduciary Outsourcing Amid Major Reform |
| While some in the investment management and retirement planning industries have fought back against the Department of Labor’s work to strengthen the definition of a fiduciary, just as many believe it could actually put retirement plan advisers, particularly those who offer fiduciary services, in a stronger position.
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| Investors Paid Lower Fund Expenses Than Ever in 2015 |
| The ongoing decline in fund expenses was primarily driven by asset flows into lower-priced vehicles, Morningstar says.
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| Employers Increasing Financial Wellness Programs |
| In line with controlling costs, many employers are widening their voluntary benefits and increasing employee-paid benefits, according to a Prudential Group Insurance employee benefits survey.
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| Not-for-Profit/Governmental DC Market an Opportunity for Advisers |
| Nearly two-thirds of 403(b) plan sponsors engage an adviser or consultant, and survey results suggest that this number could be on the rise, a Cerulli report says.
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