PLANADVISER Weekend Newsdash
Week ending November 20th, 2020

Greetings loyal PLANADVISER readers! Coming on the third Friday of the month, this weekend’s mailing is dedicated to the timely and evolving topic of financial wellness. While the topic has been an important focal point for several years now in the retirement plan advisory space, the coronavirus pandemic has cast an entirely new light on the concept of financial wellness. Simply put, the virus has exposed financial fractures and weak points impacting individuals across the income spectrum, putting the onus on advisers to help people create a sense of stability and confidence about their short-term finances.

Editor's choice
Can Fixed and Variable Annuities Go Together?
Investing experts say smartly pairing the two types of annuities with other investments in a retirement portfolio can deliver significantly more income compared with a traditional withdrawal strategy. Read more >
Health Savings Account Basics
One notable feature is that account holders can deduct from their own income the amount of HSA contributions made to their account by other people—but not the employer. Read more >
The Financial Services Industry Can Help Tackle Economic Inequality
Each U.S. household in the bottom half of the wealth distribution has only $20,000 of net worth, on average, a figure that represents less than 0.1% of those at the very top. Helping more people to own homes and to invest even modestly in the stock market are seen as critical steps to closing that gap. Read more >
Financial Wellness in the Age of Pandemics
Pandemics are not only a public health crisis, but also a crisis of employee confidence. Tech-savvy advisers and employers can help. Read more >
Getting Income Projections Right
Retirement industry practitioners support the provision of mandatory lifetime income disclosures to plan participants, but they also emphasize the importance of broader income conversations and education. Read more >
Four Things to Know About Changes to Employer Contributions
Advisers can play an important role in helping plan sponsors understand the options available to them, as well as the impact of making certain plan changes. Read more >
Plan Advisers Have a Role to Play in Teaching Participants About Taxes in Retirement
Participants can make the right decisions about how to save and taking distributions in retirement when they understand taxation. Read more >
MOST POPULAR STORIES
Retirement Plan Advisers Might Help Lessen ERISA Lawsuits by Adding Defensive Provisions
Advisers can assist plan sponsors with mitigating and preventing claims for benefits and other Employee Retirement Income Security Act claims.
T. Rowe Price Agrees to Settle Proprietary Funds Lawsuit for $7 Million

The lawsuit against T. Rowe Price had accused the firm of filling its retirement investment menu with proprietary funds.

Judge Dismisses Most Claims in Intel ERISA Lawsuit

The new ruling, filed in favor of the defendants, is just the latest action in what has been a long-running series of complaints and cross motions involving Intel’s retirement plan.

Millennial Home Ownership Crippled by Student Debt

Student debt has put those in the Millennial generation at a disadvantage when it comes to turning their education into wealth, particularly in the form of home ownership.

District Court Advances TriNet ERISA Lawsuit

The denial of the defense’s dismissal motion opens the door for either trial or settlement in an ERISA lawsuit that includes a set of fiduciary breach claims that are similar to those filed against many U.S. employers and plan sponsors. 

rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2022 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850