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Underrepresentation of Female Advisers Persists
Leaders of organizations, both men and women, can design firms to better support female financial advisers, according to Carson Group’s annual survey.
Product & Service Launches – 11/30/23
T. Rowe Price launches Capital Appreciation and Income Fund; Brighthouse Financial introduces suite of fixed-indexed annuities; ShareBuilder 401k waives setup costs.
2024 PLANSPONSOR National Conference
Where Best Practices, Compliance and Networking Converge
Conservative Justices Leaning Against SEC in Administrative Proceeding Case
A ruling against the regulator could limit its ability to bring and win enforcement cases against advisers.
Employers Need Advice on Most Optional SECURE 2.0 Provisions
Alight research finds that plan sponsors are unsure about parts of the legislation that lack legal clarity.
KKR to Buy Final 37% of Annuity Provider Global Atlantic for $2.7B
Already the majority owner, KKR will take full ownership to solidify its insurance footprint and the connection to its asset management business.
The State of PEPs and What to Expect in 2024
Aon has hit $2 billion in pooled employer plan assets, and advisers and providers see potential for continued PEP growth in 2024.
Part-Time Retirement Eligibility Proposal Seeks to Clarify Complex Legislation
The IRS published fiduciary guidance on legislation intended to give more part-time workers access to retirement plans.
LIMRA: Plan Advisers Will Play Key Role in Future of In-Plan Annuities
Of plan sponsors considering an in-plan annuity, 79% do so through a plan consultant or adviser, according to a LIMRA study.
Crypto Remains Massive Compliance Risk for Retirement Fiduciaries
Last week, Binance, a crypto exchange, was hit with a record-breaking Treasury settlement.
UAW Members Ratify Big 3 Automakers Deal
The contracts with General Motors, Ford and Stellantis could prompt nonunion companies to establish more competitive benefits.
What the 2024 Election Will Mean for Advisers
When it comes to retirement planning, expect increased attention on the fiduciary investment adviser proposal, contribution limits and tax cuts.
PGIM Names Sancia Dalley Managing Director of DEI
She will oversee HBCU investment strategy.
Product Partnerships – 11/22/23
Luma Financial Technologies, RetireOne enhance RIA access; IFC, T. Rowe Price create 1st blue bond strategy; Alto, Farmland LP announce partnership.
SEC Charges Against Kraken Identify Specific Tokens as Securities
The complaint is another sign to 401(k) plan fiduciaries to take care with digital asset availability in plans, according to attorneys.
The PLANADVISER Interview: Jessica Baehr, Head of Group Retirement, Equitable
Baehr discusses why more than 1,000 advisers sitting in ‘little chairs’ in classrooms is key to providing retirement guidance.
Wealth Manager Fined More Than $800,000 for Reg BI Violations
Of their advisers, 2 were also fined and 1 suspended for 6 months for account churning and excessive trading.
Infosys Ransomware Attack Affecting Nonqual Plans Nearing Fix
Account holder plans may be nearing reactivation, but are still on hold through at least November 27, according to a letter to benefit providers.
Money May Buy Happiness After All, Empower Survey Shows
Of Americans surveyed in an August poll, almost 60% said money buys happiness, at least in part, as it gives them the option to retire with dignity.
Citi, JP Morgan Rated 1st in Digital Platform Satisfaction, According to JD Power
Survey finds connection between digital experience ranking and client satisfaction and retention.