Search results for: a
Investment Product and Service Launches
Innovator expands Defined Outcome ETF suite; Vanguard merges Capital and Windsor funds; and IHS Markit delays rebalancing actions on indices.
Lawsuit Questions Differing Investment Terms for 401(k) and DB Plan
The lawsuit accuses Nationwide 401(k) plan fiduciaries of not negotiating terms for a fixed-income contract comparable to that for its DB plan for the purpose of increasing its...
Stimulus Package Allows Early Withdrawals, Deferred RMDs and More
The retirement plan-focused provisions passed by the Senate last night are among many meant to ease the financial pressures posed by the coronavirus pandemic.
7th Circuit Affirms Win in Northwestern University ERISA Suit
The court concluded that "the amended complaint appears to reflect plaintiffs’ own opinions on ERISA and the investment strategy they believe is appropriate for people without specialized knowledge...
Newport Offers Cost-Free 3(16) Administrative Fiduciary Services to Clients
Newport anticipates plan sponsors will see an increase in loan and hardship distribution requests.
How to Run a Remote Advisory Firm
‘This is likely the moment we will become full-time remote and never go back,’ one adviser says. ‘The challenge will be maintaining camaraderie.’
Employees, Employers Have More Time to Contribute to Benefit Plans
However, excess deferrals made by participants in 2019 must still be paid to participants by April 15.
FinFit Offers Financial Wellness Platform Free of Charge
The company already had extended financial wellness resources to members affected by the coronavirus.
As Congressional Help Looms, Providers Brace for Hardship Withdrawal Spike
Even as they await federal action, retirement plan recordkeepers have put plans in place to help workers and retirees make the best financial decisions during this challenging time.
American Trust Retirement Adds iJoin to its Platform
It will soon offer the personalized managed account platform to participants.
PCS Creates Communication Platform for Advisers
It will enable them to communicate with participants and sponsors during the coronavirus pandemic.
Are You an Adviser or Consultant?
Think that distinction doesn’t matter? Just ask your service provider partners.
Retirees and Investors Watch for Congressional Coronavirus Action
Recordkeepers expect the volume of loans, hardships and withdrawals will increase in coming weeks and months.
ICI Asks Governors to Consider Shelter-in-Place Exemption for Mutual Funds
“Many states are home to headquarters or critical operations for numerous mutual fund sponsors where Americans have entrusted their savings to meet a wide range of financial goals....
FPA Members Offered Opportunity to Help Investors During Coronavirus Crisis
Financial Planning Association (FPA) members interested in volunteering can contact FPA’s pro bono director.
Advisers Giving Back: Peak Financial Group
Now part of HUB International, the firm hopes to expand its giving to positively impact the lives of children in the Houston area.
In Coronavirus Response, Merger and Acquisition Activity Slowed by DOJ
The federal government will provide itself 30 additional days to review economically significant mergers and acquisitions—which include for example the purchase of TD Ameritrade by Charles Schwab.
Annuity Challenges Remain Post-SECURE Act
Everyone wants lifetime income products to be portable, but that doesn’t mean building such solutions will be easy.
News Reports: Treasury Wants to See Money Market Fund Guarantee
Media outlets suggest one of the federal government’s responses to the coronavirus outbreak will be to temporarily guarantee money market funds—mirroring what proved to be an important policy...