Search results for: SCO
Retirement Industry People Moves
FBi adds SVPs to growth and product lines; SageView selects chief advisory services officer; and BPAS APS promotes DB director.
The Coronavirus Is Adding to U.S. Economic Inequality
One positive point in some otherwise sobering data is the role that defined contribution (DC) plans play in helping middle class Americans generate a stable financial future.
Investment Product and Service Launches
Northern Trust offers ESG analytics solution; Innovator announces May series of Defined Outcome ETFs; Capital Group launches fund invested in sectors of the credit spectrum; and more.
ADP Multiple Employer Plan Facing Excessive Fee Lawsuit
The plan's investment adviser is also named as a defendant, accused of helping select and retain high-cost, poorly performing funds.
Interest Rate Risk Comes to the Fore
It has never been more expensive to fund a stream of guaranteed retirement income, nor have individuals been so in need of guarantees generated outside of large collective...
Retirement Industry People Moves
MassMutual hires regional managing directors for retirement services; Callan names private equity SVP; and IRI adds changes to executive committee and board of directors.
Lawsuit Argues Fees Are Excessive for University of Miami 403(b)
The plaintiffs say there is additional evidence for their claims, “such as incorrect reporting on mandatory Department of Labor disclosures about the amount of administrative fees paid by...
Consultant Named in ESOP Buyback ERISA Lawsuit
One of the defendants in the case, the trustee who oversaw a questioned ESOP buyback transaction, was at the time allegedly working as the chief financial officer of...
Retirement Plans Get Relief for Certain Requirements
The agency is relaxing timing rules for certain actions and notices if timing is affected by the COVID-19 outbreak.
The Need for Planning—Not Just Advice—Is Clear
Where does a comprehensive financial plan start?
Some Comforting Lessons for Retirement Plan Investors
Data from leading retirement plan recordkeepers shows 401(k) and IRA accounts have seen smaller losses than many broad market indices, thanks in no small part to the efforts...
Retirement Industry People Moves
RiskFirst adds leader of business development; The Wagner Law Group launches Bankruptcy and Restructuring practice; Alight Solutions announces new CEO; and more.
Thole v. U.S. Bank Among Cases Still on Supreme Court Docket
Like many of us lucky enough to still be working during the pandemic, the Supreme Court is operating on a remote basis as the justices contemplate a case...
Nearly Time to Comply with Reg BI
Some see the SEC’s Regulation Best Interest as “nothing new,” while others say it will be a game changer when it takes effect June 30. Likely the biggest...
Compliance News
Legislative and Judicial Actions
Key legislation, regulations and litigation from Washington, D.C., and the courts.
Winners’ Circle
Invested in Technology
Past Retirement Plan Advisers of the Year discuss their ‘tech support.'
Practice Management
Keeping Up With the Workplace
Black Americans need more representation in the financial advisory field.
Servicing Strategies
Hazard Prevention
403(b) sponsors may stave off lawsuits by cleaning up plan governance.