Week of February 03, 2017
NOTE FROM THE EDITOR
Happy Friday, readers! By now you’ve probably read that President Trump has signed an executive order aiming to delay implementation of the DOL fiduciary rule; while not unexpected, the order is still in a sense surprising. Many millions of dollars have been spent by providers pursuing compliance with the stricter standards set by the unraveling rule—and few would argue that the basic goal of the regulations, removing very real conflicts of interest in the advisory space, is not a worthy one. We here at PLANADVISER are left feeling deeply reflective and, frankly, a little uncertain about what is in store for advisory compensation models and the basic understanding of what constitutes conflict-free advice.
MOST POPULAR STORIES
Investing
Retirement Investors React to Trump’s First Days
More than half of Americans believe the Trump administration will have an impact on their retirement savings strategies.
Read more >
Investing
Strong Target-Date Fund Performance Requires Conviction
Like individual investors, TDF portfolio managers feel pressure to react to short-term trends and speculative market headlines; as with individuals, performance depends on efficient portfolios and a principled approach. 
Read more >
Products
Empower Solution Shifts Participants from TDF to Managed Account
Defined contribution retirement plan industry professionals certainly have heard the “TDF versus managed account” debate; increasingly, providers are seeking a middle ground. 
Read more >
Compliance
Kickback Lawsuit Calls Out Aon Hewitt Agreement With Financial Engines
Plaintiffs from the Caterpillar retirement plan feel the price paid for advice was too high and was not transparently tied to the level of service delivered. 
Read more >
Compliance
Investment Provider Sued Over Own 401(k) Plan Fees
A lawsuit filed against JP Morgan Chase in New York levels a series of allegations that are by now very familiar to retirement industry professionals. 
Read more >
EDITOR’S CHOICE
Orders Emerging to Halt Fiduciary Rule and Dodd-Frank
Even before the new president’s order became public its contents were made know in the trade media: The DOL has been directly ordered to find a way to halt the implementation of the fiduciary rule.
Read more >
Investment Industry Must Double Down on Fairness and Transparency
In the advisory environment of the future, technical compliance with lax conflict of interest standards does not ensure client satisfaction. The demand for transparent and conflict-free advisory models has many more proponents than the now-defunct Obama Labor Department. 
Read more >
Shifting, Difficult Advisory Environment Demands a Strategic Vision
During a recent and wide-ranging conversation with PLANADVISER, executives at Lockwood Advisors, a Pershing affiliate backed by BNY Mellon, sounded unapologetically optimistic about the future prospects for registered investment advisers and their supporting service providers. Success will require new ways of thinking about the client relationship.
Read more >
Disruptors Poised For Success in Retirement Space
Nearly one-third of investors globally say they would switch to Google, Amazon or Facebook for banking, insurance and financial advisory services. The research results underscore the importance of creating brand trust and establishing a sense of responsiveness and openness for customers. 
Read more >
Brand Trust Dominates IRA Rollover Decision
Fees are often thought of as the prevailing factor in most retirement investment decisions, but new research suggests the destination of an IRA rollover is determined by more subtle considerations. Even as the DOL conflict of interest rulemaking fades, the twin roles of trust and transparency are increasingly important. 
Read more >
Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com
Advertising: Paul Zampitella paul.zampitella@strategic-i.com
Subscribe to PLANADVISERDash, click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Global Custodian / Investor Economics / LiquidMetrix / Market Metrics /
Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund / The Trade
To Unsubscribe, click here.