Search results for: SCO
Participants Report Low Levels of Trust in Recordkeepers, Advisers
The way retirement plan participants are communicated with drives higher trust levels.
Principal, Groom Law Explain New Fiduciary Rule
A new Q&A pinpoints changes in the final fiduciary regulation.
PRI Offers Compliance Resource to LPL Advisers
RetirementAdvantage is now available through LPL’s Vendor Affinity Program
Two-Thirds of Americans Believe ‘The American Dream’ Is Attainable
But their definition of what it means has dramatically changed to focus on family and security.
Opportunities Exist for Advisers Among Career Military
Fewer military members contributed to retirement accounts last year, but working with an adviser improved outcomes.
Court Finds Employee Did Not Have Information to Prove Benefits Claim
The 9th Circuit reversed a district court decision that a participant did not prove he was entitled to benefits, saying the burden of proof should be on the...
Retirement Industry People Moves
Mitchem leaves State Street for Wells Fargo; Manning & Napier CEO Retires; Aberdeen Appoints Head of Distribution.
Presidential Candidates Need to Address Aging and Retirement
Candidates should focus on averting elderly poverty, health issues of the elderly and eliminating ageism, among other things, says Ken Dychtwald, CEO of Age Wave.
United Capital Reveals 'FinLife' Partners Adviser-Support Brand
The new FinLife Partners organization will offer an all-in-one approach to practice management support services for financial advisers.
Gen X, Millennials Have Fears of Unknowns for Retirement
Retirees surveyed stressed to pre-retirees the importance of professional financial advice when planning for retirement.
Millennials Have False Sense of Retirement Security
Millennials feel hopeful about retirement, despite the fact that many of them haven't saved at all or don't know their net worth.
Fees Paid for In-House Plan Administration Resulted in Self-Dealing
A lawsuit filed by the Labor Department in 2015 alleged City National Corp.'s payments to its own staff to administer its 401(k) led to excessive fees for plan...
MoneyGuidePro Aligns Services With New Fiduciary Standard
The latest update to the MoneyGuidePro software is a direct response to the Department of Labor’s final fiduciary rule.
DOL Announces Several Fiduciary Responsibilities Events
The agency is offering its “Getting It Right – Know Your Fiduciary Responsibilities” seminar in five locations.
Behavioral Finance Analysis Highlights Savings Commitment Issues
Americans may be increasingly eager to save according to some measures, but that doesn’t mean they’re excited about earmarking dollars for retirement, or that people are widely committed...
Miscommunication Common When Discussing Inheritance
Many wealthy families avoid discussing money and inheritance, a survey finds.
New Bill Takes PBGC Premiums 'Off-Budget'
Lawmakers say the bill "ensures that Congress is raising premiums only if and when it is appropriate.”
Retirement Industry People Moves
Empower Names EVP of Operations; Insight Investment Names Co-Head of Consultant Relations Team; Lincoln Names Director of Consultant Relations; and more.
Court Affirms Dismissal of Tibble Investment Fee Claims
On remand from the Supreme Court, an appellate court found Tibble forfeited his ongoing-duty-to-monitor argument.
DOL Files ERISA Complaint Against Interactive Marketing Group
A trustee to a profit sharing plan offered by a New Jersey-based marketing firm is accused of abandoning his responsibilities to the plan and its participants.