Search results for: its true
'OOP' Health Care Spending Biting Into Retirement Income
Medicare costs are expected to rise and deliver a significant blow to Americans' retirement savings, according to a new report by the CRR.
2017 RPAY – Shepherd Financial
PLANADVISER: Tell us about your practice and how you and your team members got into advising retirement plans. Shepherd Financial: Shepherd Financial is an independent firm, utilizing a...
Hospital Reaches Settlement With Pension Plan Participants
The case is among a number filed that challenge the “church plan” status of a health care entity’s retirement plan.
Hurricane Relief: What Should DC Plan Advisers Be Telling Their Clients?
Advisers can help plan participants understand their hierarchy of needs, framing guidance to fit the context of whatever additional relief Congress may provide.
Possible Outcomes of the Rocky Legislative Session
ERISA attorneys and practice leaders give their take on the intense political grappling that has become the norm in Washington under a Republican majority.
CFA Urges Skepticism Regarding Industry Fiduciary Rule Concerns
An open letter penned by the Consumer Federation of America warns that some players in the investing industry may be sending false signals as to the impact of...
Mapping Industry Change Just Part of the Job
From a rapidly evolving recordkeeping provider landscape to a potential wholesale rewrite of the tax treatment of retirement assets, today’s environment puts advisers and their clients in a...
Fidelity Found Not Liable in Excessive Fee Suit
Participants of the of the Delta Family-Care Savings Plan sued Fidelity entities regarding excessive fees charged for the plan’s advice offering as well as its self-directed brokerage account...
NIRS Says Changes to Saver's Credit Would Help More Retirement Savers
One thing the NIRS suggests is to change the tax credit to a savings match.
Plaintiffs Fail to Meet Pleading Standards in Wells Fargo Stock Drop Suit
A federal judge dismissed a consolidated case against Wells Fargo's 401(k) plan fiduciaries.
Sponsors Upping Their Fiduciary Game
They are focusing on their fiduciary responsibilities by moving to lower-cost investment options.
University of Pennsylvania Wins Dismissal of Case Against 403(b)
The case had challenged multiple recordkeepers, multiple investment options and the use of retail share class funds.
Wells Fargo Asset Management CEO Issues Call to Action on Gender Challenges
During a press lunch in New York, Wells Fargo’s CEO of asset management issued a direct call to action for retirement plan advisers, sponsors and providers to do...
ESOP Participants Win Case Over Failed Diversification Implementation
A court used plain language of the ESOP plan document to show the plan administrator's failure to implement participants diversification elections was "arbitrary and capricious."
ERISA Suit Targeting Essentia Health Retirement Plans Will Proceed
Both parties together filed some 1,000 pages of paperwork, which the court declined to consider in denying the employer's motion to dismiss, in which it argued its plan...
Participant in Small Plan Files Excessive Fee Suit Against Voya
The lawsuit alleges that Voya charged the plan “an unreasonable asset-based fee of between 0.67% and 1.86% of the net assets invested in the various mutual funds offered...
Sponsored by Ascensus
A Platform for Adviser Choice
The value of flexibility and fee transparency for retirement plan advisers
Sponsored by Ascensus
Sponsored by Fidelity Investments
Fidelity Research Reveals How Target Date Strategies Can Help Address Plan Sponsors’ Top Concerns
Fidelity Investments recently released the 8th edition of Plan Sponsor Attitudes, its survey of 1,106 plan sponsors. Andrew Dierdorf, target date strategies portfolio manager at Fidelity, discusses what...
Sponsored by Fidelity
Fidelity AMP Combines Firm Offerings with Digital Advice Solution
Advisers can also use the platform to move clients from a fully-automated solution to a more collaborative arrangement as needs evolve.
Measuring Financial Wellness Program ROI Is Difficult
Ernst & Young says the best measure is employee engagement.