PLANADVISER Weekend Newsdash
Week ending October 19th, 2018

Happy Friday, readers! Please note that today is the deadline for making nominations for the 2019 PLANSPONSOR Retirement Plan Adviser of the Year awards program. If you work with or for, or know of, a great plan adviser or plan adviser team, please help us recognize the best in the business. It doesn’t take long to make a nomination—more comprehensive information will be solicited from the candidates later this year. Thanks for your help! 

Editor's choice
2019 PLANSPONSOR Adviser of the Year Nominations Close Friday
The nomination process is still open for the 2019 PLANSPONSOR Retirement Plan Adviser of the Year Awards, but not for long! The nomination form will only be available through Friday at 11:59 p.m. EST.  Read more >
The Roll of the Adviser
It’s back to the old days for advising on rollovers, right? Maybe not. The Department of Labor (DOL)’s revised fiduciary rule, vacated by a 5th Circuit Court of Appeals mandate in June, no longer applies—but don’t be surprised if it has a lasting impact on how plan sponsors scrutinize rollover advice from advisers. Read more >
Advisers Need to Focus on Relationship Management, Vanguard Says
This means building trust by underscoring that they are acting in the client’s best interest and also getting to know them personally. Read more >
How Advisers Can Expand Their Prospecting Methods
With all of the lawsuits being filed against retirement plans, sponsors are more likely than ever to look for an adviser who can help them with their fiduciary responsibilities, says Brian Hart, president of Flackable, a public relations and digital marketing agency in Philadelphia. “Now is the time to invest in prospecting,” he says. Read more >
Future Faces of Advising
As a whole, the retirement plan industry needs to figure out a way to attract women and minorities to join the field, according to speakers at the 2018 PLANADVISER National Conference.  Read more >
MOST POPULAR STORIES
Many Retirees Wish They Had Delayed Taking Social Security Benefits

MassMutual says a married couple that lives into their 90s but decides to begin their Social Security benefits at age 62 as opposed to age 70 could be leaving as much as half a million dollars on the table, or forfeiting $2,000 to $4,000 a month for life.

Another Bill Proposed as Senate Committee Hearing Brings Calls for Retirement Action

Besides a lengthy Finance Committee hearing discussing the popular RESA legislation, the day on Capitol Hill also brought news of the introduction of the new Retirement Security and Savings Act.

Institutional Plans See Strong Q1 2019 Returns

U.S. equities were the driver of rebounds from the 4th quarter of 2018, according to the Northern Trust Universe and the Wilshire Trust Universe Comparison Service.

RESA, RSSA, SECURE Act and More Pile Up in Congress

Sources say the SECURE Act could pass the House this month, potentially setting the stage for a reconciliation process that could bring together common elements of multiple pending bills.

Excessive Fee Suit Filed Against Greystar Management

The lawsuit accuses the sponsor of a small 401(k) plan with failing to monitor and correct excessive fees.

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

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

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