Search results for: the blank effect
Being More Methodical About Marketing
Advisers need to balance the many demands on their time that come from running and expanding a practice.
Plan Sponsors Using PBGC Lump-Sum Assumptions May See Changes
The agency has issued proposed rules on Benefits Payable in Terminated Single-Employer Plans and Allocation of Assets in Single-Employer Plans, as well as the assumptions PBGC uses to...
Senate Confirms Eugene Scalia as Labor Secretary
Eugene Scalia is known for having worked in the trenches of a number of labor issues for many years, and experts suggest he could have a big influence...
Data Mine
The retirement plan industry is flush with data points and analyses. In this edition of Data Mine, we have dug out the most useful findings from a range...
Adviser Value Can Be Measured by Three Factors
Vanguard researchers emphasize that while the value of advice was once traditionally based on portfolio outcomes, goal success rates and advisory relationships are results of effective guidance as...
U.S. Attorneys File Statement in CalSavers Lawsuit
The attorneys argue that the CalSavers program goes against ERISA's intent for a voluntary benefits offering and a nationally uniform plan administration structure.
Washington Financial Scooped Up By Hub International
With the acquisition of Washington Financial Group, HUB International has made public the first of a series of significant anticipated acquisitions of Global Retirement Partners firms.
IRS Changed Mailing Address for Employee Plans Submissions
The address for pre-approved plan submissions has not changed.
State AGs’ Lawsuit Just One Part of Broader Fiduciary Fight
There is an all-out regulatory tug of war going on between consumer groups, the brokerage industry, the states and the SEC.
Advising Pensions and Endowments in Rocky Markets
From 100-year bonds to sophisticated hedging, the world of pension plan investing is different from the DC plan domain.
Principal Reveals Eagerly Awaited Wells Fargo Platform Integration Strategy
Principal is incorporating capabilities from the Wells Fargo Institutional Retirement and Trust platform into its own proprietary recordkeeping system, which will serve Principal and transitioning Wells Fargo customers...
Jumbo Imprudence Alleged in H.E. Butt ERISA Challenge
Plaintiffs says defendants failed to properly monitor and control the plan’s expenses, and allowed the plan to become one of the most expensive “jumbo” 401(k) plans in the...
Investment Product and Service Launches
RIA education organization rebrands; USCF adds nultiple ETPs to TD Ameritrade platform; Transamerica alters subadvisers, fees for Large Growth Fund; and more.
Illustrative Stories Can Help With Understanding Retirement Income Choices
Whether by video or written text, researchers found a short story significantly improved test scores about annuities and Social Security claiming.
Interest Rate Risk a Growing Concern for Boomers
This should be a focus when looking at target-date funds (TDFs) often used as the default investment in employer-sponsored defined contribution (DC) plans.
Defaults Play a Big Role in Savings Outcomes
They impact participation, contributions and asset allocation, according to a research paper supported by a grant from the Social Security Administration.
Case Draws Difference Between 409A Claims Against Different NQDC Plan Designs
Claims for non-ERISA NQDC plans may be brought under state-contract law, but a federal appeals court found Safelite's plan was an ERISA plan, so state-law claims were preempted.
Considering Auto Portability Rather Than Small Plan Cashouts
Considering automatically rolling balances from one plan to another for participants who terminate employment with small balances plan sponsors are allowed to cashout, EBRI found additional accumulations over...
Transamerica Fails to Get ERISA Suit Dismissed
Among other things, a federal judge found Transamerica Asset Management’s substitution of its sub-advisers is not a concrete, obvious explanation for the poor performance of the challenged funds.
SEC Shakes Up the Proxy Voting Landscape
The Investment Adviser Association says the SEC’s proxy voting guidance will increase costs for advisers and also increase barriers to entry for proxy advisory firms.