Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 11th, 2019

Sourcing Advisory Talent in Unexpected Places

A financial service firm like an advisory shop or a recordkeeper can put in place strong training programs that can help new people learn the ins-and-outs of the retirement plan business—the jargon, the complex commercial incentives and the customer expectations. However, training people to have empathy and to relate effectively to a diverse range of customers is another proposition entirely. Read more >
Tracking SECURE Act, RESA, DOL Developments and More
Among the SECURE Act’s—and RESA’s—provisions are those that would allow unrelated plan sponsors to band together in pooled employer plans, otherwise known as “open” multiple employer plans. Read more >
Buyer Beware!
There’s no such thing as standard adviser E&O ­insurance. Read more >
Are Personal Advisers ERISA Fiduciaries?
In providing ongoing investment advice about the client’s 401(k) plan account, you probably act as a fiduciary under ERISA. If so, you have a duty to act prudently and solely in the interest of the client. Also, you need to be mindful of the prohibited transaction rules. Read more >
The New Vesting Schedule Debate
Why Are Financial Services Firms Looking to Wealth Management Leaders?
The Future of Work in the Investment Industry
GOP Attorneys General Question BlackRock on Fiduciary, Antitrust Concerns
The Most ‘Outrageous’ ERISA Complaints Yet Filed?
Leafhouse Packaged Solution Helps Advisers Support Plan Sponsors
The advantages of working with FlexPrecision allow financial advisers to concentrate on market opportunities and to cultivate new business. Read more >
Coaching the Committee
If your clients’ retirement plan committees fail to get the training they need, the Department of Labor and IRS may take notice. Read more >
Market Mirror
Yesterday, the Dow was up 78.74 points (0.30%) at 26,062.68, the NASDAQ climbed 81.07 points (1.05%) to 7,823.17, and the S&P 500 increased 13.39 points (0.47%) to 2,886.73. The Russell 2000 gained 9.17 points (0.61%) to close at 1,523.56, and the Wilshire 5000 closed 153.14 points (0.52%) higher at 29,698.68. The price of the 10-year Treasury note was down 5/32, increasing its yield to 2.144%. The price of the 30-year Treasury bond decreased 11/32, bringing its yield up to 2.625%.
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2022 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850