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Just the facts
Mutual Funds Face Some Competition
Among ISS BrightScope’s NEXUS consortium members, mutual funds make up about 30% more assets and gross inflows than do collective investment trusts. The graph demonstrates that aggregate advantage...
On the Move
On the Move
SageView Enhances Wealth Management Leadership Team SageView Advisory Group hired Matt Cosgriff as senior vice president and head of wealth management advisory services in Minneapolis, and Sophie Benander...
Conference Coverage
PLANADVISER National Conference 2023
At the 2023 PLANADVISER National Conference, held in September in Scottsdale, Arizona, advisers heard from experts and leading professionals about the skills and knowledge increasingly needed in today’s...
Debating the Fiduciary Proposal: Pros and Cons
Two industry players debate issues surrounding rollovers, annuity sales, and access for smaller accounts.
Doll Scores 50/50 on 2023 Predictions
The market prognosticator said the predictions for 2023 were among his ‘worst years,’ after a widely predicted recession did not materialize.
American Students Score Poorly in Financial Literacy
An inaugural study by the SPARK Institute is an early step in engaging the retirement plan community to teach basic finance.
Retirement Preparedness by Industry
Hospitality, agricultural workers are the least prepared for retirement, according to a Human Interest study.
SEC Suggests Retirement Assets Should Not Count Toward Accredited Investor Threshold
The regulator’s report on the accredited investor definition noted that many only qualify because of their DC plan assets.
Clorox Seeks Dismissal of 401(k) Forfeiture Complaint
The company argues in the filing that its fiduciaries followed IRS guidance on how unused retirement assets can be used.
Retirement Industry People Moves – 12/15/23
National Association of Investment Companies announces Abraham as vice president of development; Truist appoints Stengel as chief legal officer; Ameritas names new CFO; and more.
Credit Suisse Fined $10M by SEC for Not Properly Reporting State-Level Infraction
The bank had previously been cited by New Jersey for making misleading statements to investors but did not seek relief to continue advising mortgage-backed securities.
Product & Service Launches – 12/14/23
Equitable enhances flagship investment-only variable annuity; Vanguard expands ETF lineup; AllianceBernstein launches five active ETFs; and more.
Litigation Trends to Watch in 2024: Drop in TDF Suits, More Forfeiture Complaints
Attorneys from Faegre Drinker Biddle & Reath LLP discuss qualified retirement plan litigation trends for the new year.
DOL’s Fiduciary Rule Faces Uncertain Future
Although regulators are motivated to finalize the rule, it will likely face litigation, according to Capital Group’s senior counsel.
Alera Acquires Plan Advisory Fraser Group
Adviser George Fraser joins Alera as the firm continues its push into retirement plan advisement.
What’s Driving Heightened Plan Adviser RFPs?
HR stability, along with advisory sector instability, are some of the reasons more plan sponsors are putting out adviser requests for proposal.