Tackling Cumbersome ‘Bac(k)’ Office Tasks
Former recordkeeper executive Shane Hanson launches Freedom 360 suite aimed at streamlining retirement services and boosting participant engagement.
Tag: 3(21) fiduciary
Fiduciary Responsibility: 3(38) Services Set to Increase
Plan sponsors are gravitating toward 3(38) investment managers, letting advisers take the wheel, according to a CAPTRUST senior plan adviser.
Nuts & Bolts: Fiduciary Basics
What new advisers need to know about being a fiduciary, which can be plan trustees, plan administrators or members of...
House Republicans Propose Budget Bill That Would Repeal DOL Rules
Budget proposal for the DOL would prevent the regulator from implementing its ESG rule, independent contractor status and proposals on...
Trade Groups Call for Longer Comment Period for Fiduciary Rule Proposals
The proposals would apply fiduciary status to one-time investment recommendations such as rollovers and annuity sales.
DOL Fiduciary Proposal Expected by End of October
The proposal is expected to redefine fiduciary in the context of retirement investment advice.
OMB Begins Holding Stakeholder Meetings for New Fiduciary Rule
The proposal will likely address compensation structures and IRA rollovers, though no draft is available yet.
Understanding Plan Fees, With Help from NAGDCA
A recently published fee guide can help plan sponsors navigate different recordkeeping, advisory and asset management options.
When Attorney-Client Privilege Applies Under ERISA
If communications concern plan assets, they may be discoverable during litigation.
DOL Sends New Adviser Fiduciary Rule to OMB for Review
The rule is expected to broaden when investment advice is considered fiduciary advice under ERISA.
Acting Secretary of Labor Su Under Pressure as DOL Prepares Fiduciary Proposal
Republicans introduced legislation targeting the controversial candidate, whose nomination has not been put to a vote.
Republican Leaders Discourage 3(21) Fiduciary Rule Amendment
Updating the fiduciary rule remains a key area of focus for the Department of Labor, despite missing a published August...
DOL Says to Expect Fiduciary Proposal in August
The new rule would seek to redefine when investment advisers for plans and IRAs are 3(21) fiduciaries.
Designing a Plan Investment Menu in Unprecedented Times
Historic rises in inflation and matching interest rate hikes have meant a heightened focus for the often staid world of...
Why More Advisers Are Assuming 3(38) Role, Responsibility
The fiduciary model that puts plan investment decisions in advisers’ hands offers expertise and streamlining, industry experts say.
DCIIA Publishes Guide to Fiduciary Models
The report educates plan sponsors on distinctions between 3(16), 3(21) and 3(38) fiduciaries.
Investment Product & Service Launches
FuturePlan/Ascensus and Voya launch employer-aggregated plan; Broadridge and Paychex partner on small 401(k) retirement plan solution; Savvy Wealth launches direct...
Pitching Value: Advisers Discuss How to Approach Client Fees
The modern plan adviser can use multiple options to meet plan sponsors’ personalized needs.
Equitable Retirement Vision Platform Includes Fiduciary Support for Plan Sponsors
The retirement platform is also open architecture, offering a choice from more than 16,000 mutual funds and CITs.
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.