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Almost Half of Boomers Have No Retirement Savings
A large number of Boomers lack any kind of planning for retirement, and most have not set a retirement goal, IRI research found.
Paychex Adds Plan Health Report to Retirement Plan Adviser Portal
Using retirement readiness measures, advisers have access to an objective guide to help evaluate plan status, and allowing advisers to compare metrics for plans of similar size and...
Supreme Court Asked to Review Chevron Case for ERISA Pleading Standards
Specifically, the petition filed by participants in Chevron's DC plan asks the Supreme Court to answer: “In pleading a breach of fiduciary duty under ERISA, is it sufficient...
M&A Brings Wealth, Retirement Together
CAPTRUST talks with PLANADVISER about its growth through mergers and acquisitions—and how this speaks to industry trends impacting private wealth and retirement plan business.
Millennial Misconceptions: Younger Workers Prioritize Retirement
Millennials may make different life choices than previous generations, but they are also more engaged at an earlier age with retirement savings in the workplace.
George Washington University Faces ERISA Hearing
The parties dispute whether the plaintiff has standing to bring any ERISA claims based on a settlement agreement she entered, and, if she does, which claims could be...
Healthier Economy Brings Out Retirement Concerns
One of the ironies of surveys of U.S. workers’ retirement confidence is that improved economic conditions allow people to look towards the future, which can in itself cause...
Affirmation of Teets vs. Great-West Shows ERISA Liability Limits
ERISA sets exacting standards when it comes to the treatment of retirement plan investments, but a new appellate court ruling underscores the fact that not all parties dealing...
‘SECURE Act’ May Advance Soon in House, Mirroring ‘RESA’
Among the proponents of the retirement enhancement legislation is the Insured Retirement Institute, which expects the Ways and Means Committee to advance the new bill as soon as...
2019 RPAY – Channel Financial
The advisers at Channel Financial in Golden Valley, Minnesota, believe the retirement industry needs to be more aware of how human beings make decisions in a “noisy world.”“We...
2019 RPAY – James Lyday
James Lyday spent the first two decades of his retirement industry career working for several of the largest service providers. His varied roles across the provider spectrum showed...
Parties Propose Settlement on Eve of Eaton Vance ERISA Hearing
The lawsuit accuses Eaton Vance defendants of unlawful self-dealing with respect to a company retirement plan, in violation of ERISA and to the detriment of participants and beneficiaries.
Retirement Industry People Moves
Janney Montgomery Scott acquires Atlanta-Based firm; investment advisory firms join CAPTRUST; CFO hired at PCS; and more.
New DCIIA Report Aims to Help DC Plan Sponsors With Custom TDF Discussions
Chris Nikolich, with AB, and co-contributor to the research initiative, told PLANADVISER, “The whole purpose of this was to allow plan sponsors to compare their custom allocations to...
With LDI, DC Plans Can Address Individuals’ Retirement Obstacles
LGIMA and TIAA executives predict individual investors will adopt some principles of “liability-driven investing” commonly practiced by pensions.
Vanguard Launches Consultant Hub for Retirement Plan Consultants
Features of the Consultant Hub include a retirement plan comparison tool and custom investment reporting, among other things.
MassMutual Tool Provides Personal Financial Wellness Score
MapMyFinances also offers guidance to help people achieve their financial goals.
Retirement Industry People Moves
The Lanzetta Group moves to Securities America platform; Deutsche Bank hires West Coast head; Greenleaf joins Retirement Advisor Council; and more.
Will Your Errors and Omissions Insurance Policy Keep You Dry?
Buyer Beware! One experienced matchmaker pairing RIAs with providers of E&O insurance policies likens the space to the Wild West, especially when one looks at the “non-admitted” provider...
House Subcommittee Witnesses Bash SEC’s Regulation Best Interest
Out of five witnesses called before the House Subcommittee on Investor Protection, Entrepreneurship and Capital markets, just one spoke favorably about the SEC’s conflict of interest regulations—and his...