Tag: Fiduciary adviser

At the PLANSPONSOR National Conference, a panel discussed the challenges facing smaller (less than $10 million in assets) employer-sponsored retirement plans. 

Ascensus announced that plan design tools are now available for financial advisers.

A recently introduced U.S. Senate bill would exclude appraisers of employee-stock ownership plans (ESOPs) from the U.S. Department of Labor’s new definition of fiduciary.

ERISA attorney Allison Grimm has joined Pension Planning $olutions, Inc. as General Counsel and Chief Compliance Officer. 

Fiduciary360 (fi360) has added five new employees: Amy Conaway, Allie Cooper, Alexandra Janocha, Leonard Vasilko, and Renee Watkins.

Advisers are looking for an increased level of support from their broker/dealers, says a survey from John Hancock Financial Network (JHFN).

The Chicago Regional Office of the Employee Benefits Security Administration (EBSA) and the Internal Revenue Service (IRS) announced a Voluntary Fiduciary Correction Programs Workshop.

DALBAR, Inc. has developed a fiduciary designation program, called the 401(k) RF Designation, which identifies advisers capable of acting as fiduciaries and cements it in writing.

Advisers in the DC Advisory program at UBS Financial Services Inc. will receive fee benchmarking services from Fiduciary Benchmarks, in partnership with BlackRock.

VALIC is introducing Plan Essentials, a comprehensive platform of investment products and services in partnership with Mesirow Financial.

ING has expanded its fiduciary services to help defined contribution plan sponsors better navigate their responsibilities under the Employee Retirement Income Security Act (ERISA).

FiduciaCare, an online solution for defined contribution plan sponsors and their advisers, is being offered on the Mid-Atlantic Trust Company platform.

There are still changes to be made to 408(b)(2), said Assistant Secretary of Labor Phyllis Borzi, speaking last week.

Employee Benefit Solutions, a human capital consulting firm, has established Ascende Wealth Advisers (AWA), a wholly-owned subsidiary registered with the Securities and Exchange Commission.

A 403(b) plan sponsor survey from the Profit Sharing/401k Council of America (PSCA) and The Principal reveals sponsors are increasingly asking for help from investment advisers.

Aaron Friedman, national practice leader for nonprofit consulting at The Principal, says "there is still a huge opportunity for advisers to step in and help." 

Mutual of Omaha said it will begin offering a plan-level fiduciary service option to its retirement plan customers.

AXA Equitable Life Insurance Company has partnered with Wilshire Associates Incorporated to help plan sponsors meet their fiduciary obligations in screening, selecting and monitoring investment options.

I learned a long time ago that when it comes to things like automobile maintenance, home repair, or gardening, I’m better off hiring an expert.   

Through a relationship with Ibbotson Associates, TIAA-CREF will offer plan sponsors an additional option for independent, third-party fiduciary services.