Search results for: acts 19
Increasing Exposures to Private Equity Boosts Retirement Security
EBRI research shows the impacts on participants’ retirement security of replacing TDF equity exposures with private equity allocations for participants who have access to a plan and invest...
Basic Market Lessons Reinforced by 2021
Among the takeaways one investment expert has from the year is that structural forces have a large influence on interest rates and may keep them relatively low despite...
SEC Charges Underscore Importance of Digital Communication Management
J.P. Morgan Securities has agreed to pay $125 million to resolve what the SEC calls ‘longstanding failures by the firm and its employees’ to maintain and preserve certain...
Advisers’ ‘Gatekeeper’ Role Can Help Spur Greater ESG Investments
Investors rely on advisers to introduce them to and educate them on environmental, social and governance strategies, according to Nuveen’s ‘Responsible Investing Survey.’
The Biden Administration Extends Student Loan Repayment Pause Through May 1
Biden says the extension is meant to acknowledge that millions of borrowers are still coping with the negative financial impacts of the pandemic.
Retirement Industry People Moves
Hub International makes new acquisition; Carillon Tower Advisers names head of sustainable investing and corporate responsibility; K&L Gates adds employee benefits partner; and more.
Voya Faces ERISA Complaint Targeting Its Own Plan
Among other allegations, the plaintiffs claim Voya engaged in an imprudent process while selecting and retaining proprietary target-date funds and a stable value option.
Compliance Consult
‘Window’ of Opportunity
Brokerage accounts open up possibilities for service—but also for PTs.
Practice Management | Compensation
Fee Models Are Shifting
How advisers choose to be paid is evolving with their business.
Practice Management | Culture
A Workforce in Flux
Adviser and client retention strategies in light of The Great Resignation.
Cover Story
A Shift in the Tech Landscape
The pandemic forces advisers to rethink their business models and integrate technology.
Practice Management | Diversity
Strength in Diversity
The business case for building a heterogeneous workforce.
More Sponsors Seeking Expert Advisers
After a year of nuanced challenges, plan sponsors say they are looking to DC plan specialists for a broad spectrum of advice, and they want higher levels of...
The Role of Advisers Is Expanding
In light of the pandemic, at least 22 million Americans spoke with a financial adviser for the first time as many looked to make plans for retirement and...
Will the Supreme Court Give Plan Sponsors Any Relief From Excessive Fee Lawsuits?
They haven’t gotten any solutions so far from lower courts, but a high court ruling could affect the number of lawsuits and types of pleadings going forward.
Investment Product and Service Launches
Vanguard announces plan to launch new China equity fund; Two Sigma and eVestment to partner through Venn; Fingage and OWL Analytics announce partnership; and more.
Plaintiffs File ERISA Excessive Fee Lawsuit Against VCA
The lawsuit claims the veterinary hospital network’s retirement plan, which has more than $500 million in assets, should have paid lower fees for recordkeeping and administrative services.
Learning From the CFP Board’s Latest Sanctions
While not a regulator, the Certified Financial Planner Board of Standards still keeps a close eye on its members’ conduct, and it has recently ordered sanctions against nearly...
Latest Capozzi Adler ERISA Suit Targets Olin Corp.
The allegations in the new lawsuit are familiar, suggesting the plan fiduciaries permitted the payment of excessive recordkeeping and investment fees over a lengthy proposed class period.
Some Claims Dismissed in LinkedIn Excessive Fee Suit
However, the judge has granted the plaintiffs leave to amend the ERISA complaint.