January 27th, 2021

Neal Proposes New Bill to Help Multiemployer Pensions The bill would also extend funding relief for single-employer defined benefit plans. Read more > Even As Industry Consolidates, Breakaways Remain Common Data from Echelon Partners shows the number of adviser or adviser team ‘breakaways’ declined by nearly 20% in 2020 versus 2019. However, 2019 set the record for breakaway activity. Read more > Court Finds Insufficient Evidence for ERISA Claims Against Intel The Intel Corp. Investment Policy Committee has prevailed in a second lawsuit alleging its members breached their fiduciary duties by investing a significant portion of the plans’ assets in risky and high-cost hedge fund and private equity investments. Read more > 529 plans, Student Loans and Financial Wellness This hour-long, editorial webinar will focus on employee financial wellness, and specifically on planning for education expenses through 529 college savings plans. Budgeting and debt management will also be considered, as will the “hierarchy of savings.” Read more > MOST READ ARTICLES 1 Op-Ed: Financial and 401(k) Trends to Consider 2 Most Claims Move Forward in Suit Over Aon CITs in 401(k) Plan 3 New Bill Aims to Solve for the Retirement Plan Coverage Gap 4 L Brands ERISA Lawsuit May Proceed 5 Views of Adviser M&A Have Evolved

How to Get Participants More Engaged in Financial Wellness Programs More employers today are investing their time and money in financial wellness programs. Now, many of them are trying to figure out ways to calculate the return on investment (ROI) of such programs. Read more > Are You a QPAM? The nuances of a qualified professional asset manager’s role. Read more > Market Mirror Tuesday, the Dow decreased 22.96 points (0.07%) to 30,937.04, the NASDAQ was down 9.93 points (0.07%) at 13,626.07, and the S&P 500 closed 5.74 points (0.15%) lower at 3,849.62. The Russell 2000 decreased 18.90 points (0.87%) to 2,149.86, and the Wilshire 5000 lost 111.02 points (0.27%) to finish at 40,802.02. The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.040%. The price of the 30-year Treasury bond was unchanged, with its yield down to 1.796%.

Industry Intel Roundup—Featured Webcasts PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webcasts sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance. SPONSORED BY: Lincoln Financial Retirement Plan Design: Don’t Forget a Plan For Retirement Participants not only need to save in their retirement plan—they need a plan for retirement. In-plan guaranteed retirement income can boost their retirement readiness and benefit your clients. Their success is your success—be proactive by delivering value through addressing retirement transitions. It’s critical to address retirement transitions. In this session, we’ll focus on participant needs and how you can bring retirement income in-plan. We’ll discuss: Evolution of DC plans Consumer demand for in-plan guaranteed income Benefits to plan sponsors and participants Guaranteed income options, with an in-depth review of guaranteed lifetime withdrawal benefit designs SPONSORED BY: Franklin Templeton Financial Independence is the New Retirement “Retirement” has become an antiquated term, and most workers are seeking a future that suits their personal goals. Employees are more interested in achieving financial independence and, with it, the freedom to pursue whichever lifestyle they desire. In this webinar you’ll hear from a panel of experts on how advisers can adjust their approach to employer sponsored retirement plans to better support employers and employees in their pursuit of financial independence. 2021 Practice Progress Series: How to Lose a Client (or Not)—Lessons Learned From Unsuccessful Advisory Relationships Advisers will share their stories of unsuccessful client relationships, with an eye on helping their peers and colleagues avoid similar issues in the future. Beyond some of the obvious issues that can arise, the panel will detail some unexpected challenges and miscommunications that can cause friction in the client-adviser relationship. 2021 Practice Progress Series: The Future of Health Care—and What It Means for Retirement Planning As health care costs rise, there is more overlap than ever between health decisions and financial decisions. So much is obvious to forward-thinking financial advisers, but what is less clear is where health care itself is heading in the 21st century. Sponsored by American Century Investments Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise ©2021 Asset International, Inc. All rights reserved. 702 King Farm Boulevard, Suite 400, Rockville, MD 20850