Search results for: a
Advisers Giving Back: SentinelCares and the Corporate Cup
One of Sentinel’s many charitable engagements has directly benefited a little girl named Cora, the granddaughter of a longtime employee, who was born with a severe congenital heart...
2020 HSA Conference
October 27-28, 2020 | Online Conference
Balanced Portfolio Performance Forecasts Fall Again
“Stocks are trading at a very high price-to earnings ratio, and we don’t see that as sustainable,” says Jon Barry, senior retirement strategist at MFS.
Advisers, TPAs Will See New Web Design on OneAmerica Group Annuity Platform
The enhancements "build a foundation of human-centric, intuitive and seamless experiences for our stakeholders,” Sandy McCarthy, president of retirement services, says.
DCIIA and SPARK Share High Hopes for 2020 Collaboration
The SPARK Institute and DCIIA will work together to accelerate the development of retirement plan industry technology, prevent cyberfraud and study the potential role of blockchain.
Retirement Industry People Moves
Cerity Partners merges with wealth management firm; Prime Capital names Qualified Plan Advisors leader; MassMutual hires worksite distribution head; and more.
Prudential Investment Management Consents to FINRA Censure
FINRA says a lapse in sufficient supervision led to retirement plan clients being supplied with inaccurate investment expense ratio and performance information.
Investment Product and Service Launches
Fidelity Investments releases bond model suite, and BlackRock announces sustainability as new standard for investing.
Strategies for Including Private Equity in DC Plans
From an operating perspective, plans can use private investments in a multi-asset class investment vehicle.
Will 2020 Deliver Union Pension Funding Solution?
The American Federation of Musicians and Employers' Pension Fund is just the latest union multiemployer pension to appeal to the Treasury Department for permission to cut benefits.
Adviser Managed Accounts. A Good Fit?
The past few years have seen a number of recordkeepers roll out new “adviser managed accounts,” i.e., managed accounts that include the consulting services of an independent registered...
Pondering DC Plan Access to Private Equity
An ever-greater proportion of the wealth being generated by the U.S. and global economies is locked away in private equity markets.
Limited Supreme Court Ruling Issued in IBM v. Jander
The case has effectively been kicked back to the 2nd Circuit for a ruling on arguments the Supreme Court feels should be aired before a lower court.
Navigating Rate Cuts, Trade Wars and Elections
“We think 2020 will be another year of slow growth—durable enough to avoid recession but disappointing to those looking for improvement,” says Bob Browne at Northern Trust.
Settlement Agreement Reached in Northrop Grumman 401(k) Case
Fund mismanagement, excessive recordkeeping fees and improper fees to Financial Engines were among allegations in the original complaint.
Is the 20-Year-Old Amara v. CIGNA Case Finally Done?
A court disagreed with plaintiffs that CIGNA was not following orders when calculating remedies in the case, and the court has now denied a review of that decision.
Supreme Court Passes on Review of Putnam Burden of Proof Case
Putnam had asked the high court whether the plaintiff or the defendant bears the burden of proof on loss causation under ERISA to determine “whether showing that particular...
2019 Broke RIA and IBD Merger and Acquisition Records
Fidelity reports there were 127 registered investment adviser merger or acquisition transactions during all of 2019, which is up 44% over 2018.
Stretch IRA’s Disappearance Demands Trust Adjustments
“There is a lot of work that some clients should do right away—it’s actually imperative to address these issues in a timely fashion,” warns Jamie Hopkins at Carson...
Chemical Distributor Faces Excessive Fee Suit Against 401(k) Plan
The plaintiffs say defendants failed to utilize the lowest cost share class for many of the mutual funds within the plan, and failed to consider collective trusts, commingled...