Search results for: the blank effect
Q1 2021 Sees ‘Record-Shattering’ Pace of Adviser M&As
Strong market conditions, increased competition from buyers and favorable deals for sellers laid the foundation for the activity, according to the latest data published by Echelon Partners.
Lessons in Building Talented Teams
In a dialogue with PLANADVISER, Dominique Henderson, founder of an adviser mentorship program called JumpStart, reflected on his own entrance into this industry and helping others find their...
Lawsuit Says Retirement Plan Fiduciaries Failed to Monitor and Limit Revenue Sharing
The complaint against Wesco Distribution also alleges that the defendants chose higher-cost share classes for investments.
A New Telling of the Story of Persistent Inequality
The interest rate regime embraced to combat strong inflation of the mid-1970s and early 1980s has had unintended consequences—including the development of historic levels of wealth inequality. Yakov...
Exclusive: Hub RPW Launches ‘Select’ Solution for Small-, Mid-Market
Hub Retirement Select is billed as a comprehensive solution for small to midsized businesses looking for amenities traditionally afforded to large organizations, all bundled into ‘a simplified, single...
More Retirement Plan Practices Are Seeking Out Diverse Advisers
Firms say adding diverse advisers will help their businesses grow and help them attract new customers.
Industry Issues Early Reactions to Walsh’s DOL Confirmation
Trade groups and advocacy organizations representing the retirement planning industry have reacted positively, if cautiously, to the confirmation of Marty Walsh as labor secretary.
From Ohio to Virginia, More States Look to Update Annuity Standards
The states’ embrace of the NAIC annuity transaction suitability framework comes as experts are raising broader questions about the durability of the SEC’s Regulation Best Interest, on which...
SEC Consolidates Climate, ESG Information
A new webpage brings together all the agency’s actions and information as a response to increased investor demand for climate and ESG investing.
$35 Trillion in Retirement Savings Tells a Tale of Two Economies
Retirement plan balances have never been higher, fresh data from the Investment Company Institute shows, yet many millions of Americans are unable to participate in the growth.
GAO Turns to DOL for Additional Cybersecurity Guidance
The Government Accountability Office calls for more guidance on cybersecurity matters and lists recommendations for the DOL to implement.
Marketing Execs Expect Wide Acceptance of New SEC Advertising Rule
Many say the new regulation permitting endorsements and testimonials in adviser advertisements brings it up to current consumer standards.
New Stimulus Package Includes Help for DB Plan Sponsors
Both single-employer plans and multiemployer plans will get help with funding.
Classic ERISA Claims Filed Against USI Insurance Services
The financial services company is facing self-dealing allegations that closely echo those filed—with mixed results—against many of its industry peers.
Recent Strong Returns Make the Future More Challenging, J.P. Morgan Says
The asset management firm points to the importance of increasing savings and diversification as two ways to counteract potential lower returns.
What Advisers Should Know About RMD Rule Changes
A new research report out of the Wharton School suggests changes to required minimum distribution (RMD) rules might not have as big an impact in practice as many...
Senators Talk GameStop, Meme Stocks, Payment for Order Flow and More
Who gets to define best execution? Is T+1 or T+2 better for market stability? What even is payment for order flow? The Senate Banking Committee tackled all these...
Reading Into the SEC’s 2021 Enforcement Priorities
The ongoing implementation of Regulation Best Interest gets top billing in the SEC’s recently published 2021 examination priorities list, though recent evidence suggests the regulator’s focus on share...
Practice of Rebranding Investments Questioned in ERISA Lawsuit
The American Red Cross is accused of allowing excessive investment and recordkeeping fees in its 401(k) plan.
SEC Chair Nominee Gensler Faces Senate Scrutiny Tuesday
In his prepared remarks, Gary Gensler calls the U.S. securities markets the ‘finest in the world,’ while emphasizing the need for ‘clear rules of the road and a...