Magazine
Are You Leaving the Door Open?
Advisers may be overlooking points of entry to their data—what they can do to prevent cyber theft.
LATEST NEWS
Exclusives
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
Deals & People
Retirement Industry People Moves
DWC – The 401(k) Experts selects new principal; Voya Financial realigns New Jersey territories to expand distribution reach; and Ascensus names new FuturePlan president.
Judge Finds Most Allegations Sufficient in Lawsuit Over CITs
Among other claims, the lawsuit says Aon and a 401(k) plan sponsor caused the plan to invest in Aon’s proprietary collective investment trusts (CITs) for Aon’s benefit.
Products
Investment Product and Service Launches
Voya Financial offers NQDC portfolios for workplace clients; Investics announces enhancements to cloud ecosystem; PGIM launches new active aggregate bond ETF; and more.
MORE NEWS
ERISA Attorneys Digest the DOL’s New PTE FAQ
The guidance published by the Department of Labor reminds the industry that boilerplate, fine print disclaimers that investment advice is not being provided won’t cut it.
Compliance
Barnabas Health Retirement Plan Lawsuit Moves Forward
Plan fiduciaries' motions to dismiss the excessive fee suit were denied as a federal judge found the plaintiffs' claims were plausible.
Data & Research
The Role of HSAs in Financial Wellness and Retirement
Financial providers can partner with employers to offer the benefit and help employees achieve their goals.
Compliance
DOL Issues Cybersecurity Guidance
The guidance, which is the first of its kind, includes best practices and tips for protecting retirement benefits.
Compliance
Gary Gensler Confirmed by Full Senate Vote as SEC Chair
He takes the helm at the Securities and Exchange Commission during a key time of transition and reflection for the market regulator, which is engaged in multiple important projects affecting advisers’ and brokers’ practices.
DOL Releases Guidance on Investment Advice Exemption
This is meant to help retirement investors, employee benefit plans and investment advice providers.
Raytheon Sues Allianz Over Pension Fund Performance
The plaintiffs in a new lawsuit against Allianz Global Investors say the asset manager failed to provide the hedging strategies it said it would include in a pension plan’s portfolio, allegedly resulting in substantial losses when the markets turned in March and April 2020.
Client Service
The Inner Workings of HSAs
Speakers at the virtual PLANSPONSOR 2021 HSA Conference touted the benefits of health savings accounts and explained what HSA rules plan sponsors should know.
Data & Research
Number of Women in Asset Management Roles Remains Stagnant
Morningstar and the CFA Institute have found the United States is among the nations with the lowest number of women in financial services.
Exclusives
Four Considerations Regarding Union Pension Funding Relief
Signed into law in early March, the American Rescue Plan Act (ARPA) included $1.9 trillion in collective economic relief, much of it targeted to address the coronavirus pandemic.Along with...
Betterment 401(k) Partners With Bennie to Improve Financial Wellness
The partnership creates a single, easy-to-navigate platform where participants can access all their benefits information.