PLANADVISER Weekend Newsdash
Week ending August 4th, 2017
NOTE FROM THE EDITOR
Happy Friday, readers! This week’s news roundup features articles, research and analysis dedicated to the theme of Practice Management. From the Department of Labor fiduciary rule reforms to a glut of ERISA litigation and the lasting challenge of fee compression, running a retirement specialist advisory practice is as demanding as ever. We hope you find our coverage helpful and informative.
Practice Management
More Advisers May Be Forced to Use Model Portfolios
Most executives interviewed by Cerulli believe that home-office discretion will increase as “underperforming advisers are identified and persuaded to use portfolios created by the headquarters consulting group.” Read more >
DOL Fiduciary RFI Process Extends a Decade of Uncertainty
The head of retirement and investment solutions at Pershing discusses the impact that uncertainty around the fiduciary rule is having on firms and clients throughout the DC plan industry. Read more >
DC Plan Innovation Moves Down Market
Smaller plans traditionally have lagged behind large plans when it comes to embracing best practices under ERISA, but survey data shows the picture is changing. Read more >
2017 PLANADVISER Adviser Value Survey
According to the 2017 PLANADVISER Adviser Value Survey, plans overseen by advisers are often better off. This is particularly evident when it comes to plan design and oversight—such as the use of automatic features, an investment policy statement and quarterly investment reviews. Read more >
Advisers’ Sales Partners
The DOL fiduciary regulation will make most sellers fiduciaries with respect to the sale of advisory services and private funds to ERISA accounts and IRAs, unless an exception, most likely the independent fiduciary exception, applies. Read more >
MOST POPULAR STORIES
Stimulus Bill Extends Some Provisions of the CARES Act

It also provides a way for retirement plan sponsors to avoid a partial plan termination.

Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
Many Near-Retirees Don't Understand Social Security Benefits

More than one-third failed a basic Social Security quiz administered by MassMutual.

rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850