Search results for: SCO
Recordkeepers Beat Out External Managers for IRA Rollovers
While new research finds recordkeepers took the lead for overall rollover count in 2022, IRA providers outside of employer retirement plans kept their dominance for accounts of $250,000...
ERISA Lawsuit Filed Against Ventura Foods
The suit alleges Ventura did not monitor high fees and underperformance of the funds in its investment menu.
Gallagher to Continue Push Into Retirement Advisement in 2023
Insurance powerhouse Gallagher’s pending acquisition of Buck will further its strategy of providing the full scope of financial planning to group plans and participants, its retirement head tells...
BNY Mellon Dismissed, Alight, Colgate-Palmolive Remain in Retirement Theft Lawsuit
A District Court judge dismissed BNY Mellon from an ERISA lawsuit, leaving defendants Alight Solutions and the Colgate-Palmolive employee relations committee.
Retirement Industry People Moves
CBCF Names Verity’s Otto Vice Chairman; Spinelli promoted to co-CIO at Halbert Hargrove; Gallagher acquires Retirement, HR Advisory Buck; and more.
Variable-Rate Premiums To Be Capped by SECURE 2.0
The variable premiums paid to PBGC would be un-indexed from inflation.
Employee Stock Ownership Plans To Get a Boost from Omnibus Package
Provisions found in the Work Act and SECURE 2.0 Act, both parts of the spending package, are intended to promote employee ownership through ESOPs.
CBO Says Social Security Trust Funds May Be Depleted by 2033
Retirement advisers may need to counsel on a 23% reduction in Social Security benefits within the next decade if the government doesn’t act on the latest projections from...
Retirement Advisers Increasingly Want PEP Option in Toolbox
Pooled employer plans are still a nascent offering in the retirement market, but an increasing number of advisers want them available as an option and discussion point—even if...
ERISA vista
Retroactive Compliance Reviews
Meet these requirements when checking for PTE 2020-02 violations.
Compliance News
Legislative and Judicial Actions
SEC Vets Adviser Outsourced ServicesOn October 26, the Securities and Exchange Commission proposed new rules requiring that financial-planning and wealth-management advisers vet and monitor vendors to which they...
Practice Management / Social Media
Keep a High Profile
Advisers can’t sell themselves without a social media presence.
Practice Management / Sustainability
Measure Your Footprint
How some plan advisers embrace sustainability in their practice.
Practice Management / Fees
Determinants of Profitability
À la carte vs. bundled pricing—is one of these fees models better for today?
Practice Management / Cybersecurity
Cyber Ready
Foil potential breaches with strong data security practices.
RetireOne Adds Nationwide RIA Annuities As Advisers Consider Options
Insurance outsourcing firm RetireOne partners with Nationwide on annuities for investment advisers. But recent research brings into question just how much advisers want to talk annuities with clients.
Retirement Industry People Moves
Northern Trust makes key fund hires; Edelman Financial Engine buys California-based retirement advisory; Prime Capital Partners with PFS to enter Sioux Falls and South Dakota markets; and more.
Investment Adviser M&A Activity Expected to Mellow in ’23
Expectations for RIA valuations and M&A activity reach lowest levels in five years of annual surveying by DeVoe & Company.
Experts: Employers Can Help with Student Loan Management
There are numerous student loan debt assistance and benefit options that advisers can bring to employers, according to a panel of experts who met last week.