Search results for: its true
Can the Big Recordkeepers Keep Getting Bigger?
Kevin Barry, president of workplace investing for Fidelity, talks recordkeeping industry consolidation and the need for scale.
SCOTUS Denies Review of Chevron Stable Value ERISA Suit
The appellate court found that the facts alleged are insufficient to support a plausible inference of breach of fiduciary duty, and the Supreme Court seemingly agrees.
DOL Regulatory Agenda Shows Proposed Fiduciary Rule Expected in December
During a House committee hearing in early May, Secretary of Labor Alexander Acosta said the Department of Labor (DOL) is working with the Securities and Exchange Commission (SEC)...
Participants’ Satisfaction with Providers Continues to Decline
NARPP says that if retirement plan participants trusted their providers more, it would likely lead to higher deferral rates.
As Bull Market Ages, Coaching Investors on Volatility Remains a Must
Novice investors’ reactions to stock market volatility present an endless and intriguing field of study for behavioral economists, but for financial advisers, poor client decisionmaking is a serious...
EBRI Study Reveals Costs That Could Create Income Deficit in Retirement
While a new study by the Employee Benefit Research Institute (EBRI) finds the majority of people spend less than 100% of their retirement income, it also shows factors...
Retirement Industry People Moves
Cerity Partners Connects with Karsten Advisors; Former NFL Player-Turned-Investment Adviser Joins PlanMember Financial Corp; Mutual of Omaha Retirement Services Expands Sales Team; and more.
Average Deferral Rates Reach 10-Year High of 8.6%
And the use of 401(k) loans fell to a nine-year low of 22.5% in 2018, according to T. Rowe Price’s annual participant data benchmarking report.
There’s an Untapped Market for ESG Investing
More investors than research has shown are interested in environmental, social and governance (ESG) investing, but most don't speak out, and many need education to help them invest...
Learning from ‘Tontines’ to Build Modern Retirement Income Schemes
The retirement planning challenges facing workers today are by no means new or novel, nor are the many different types of solutions being debated by academics and policymakers.
Investment-Oriented
The Role of Alternatives
These asset classes can soothe the effects of market volatility.
Impact of Executive Order on ESG, Proxy Voting May Be Muted
One ERISA expert says fiduciaries already evaluating ESG risks and those being active in proxy voting will continue parsing whatever ad hoc disclosures are volunteered by companies.
Supreme Court Decision ‘Greatly Expands’ SEC 10b-5 Liability
Who is liable when a brokerage firm staffer knowingly transmits false information at the behest of a superior? A recent Supreme Court ruling offers some answers, while raising...
How To Make 529 Plan Service Pay Off
Offering advice about 529 college savings plans can deepen client relationships, though such services are not usually big revenue drivers on their own.
Supreme Court Asked to Review Chevron Case for ERISA Pleading Standards
Specifically, the petition filed by participants in Chevron's DC plan asks the Supreme Court to answer: “In pleading a breach of fiduciary duty under ERISA, is it sufficient...
Retirement Industry People Moves
BlackRock Confirms Leadership Shift in Retirement Business; Regional Vice President Joins Transamerica; CAPTRUST Adds FiduciaryVest Members to Advisory Practice; and more.
Nearly Six in 10 Young Women Have Tapped Into Their Retirement Account
This is true for only 38% of the general population, according to an E*TRADE survey.
ESOPs Offer Additional Business Opportunity for Retirement Plan Advisers
Employee stock ownership plans deliver benefits to employers and employees. Advising ESOPs can bring new opportunities.
2019 RPAY – LHD Retirement of LPL Financial
Over the past 12 months, LHD Retirement, in Indianapolis, has been on a mission to help non-savers address the financial concerns of today that keep them from saving...
Gig Workers Report Being More Involved in Their Finances
Although only 56% of independent workers are actively saving for retirement, they are just as likely as traditional workers to feel they are financially prepared for retirement, a...