Automated Client Service and the Future of Advice
The emerging question of the day is how to combine human advice with digital technologies that make the basics of...
News
Legislators Introduce Bicameral Auto Re-Enroll Legislation
The bill would prompt employees who initially opt out of a retirement savings plan to reconsider every three years.
Council Recommends More Research About ‘Brokerage Window Only’ Plans
The ERISA Advisory Council declined to recommend additional regulations for brokerage windows in general, saying the costs outweigh the benefits.
Taylor Corp. Facing ERISA Recordkeeping Fee Suit
The lawsuit represents yet another case of a sub-$1 billion retirement plan finding itself the subject of excessive recordkeeping fee...
Retirement Industry People Moves
Creative Planning acquires JBJ Invest; Vestmark names direct indexing senior vice president; HBL expands ERISA litigation capabilities; and more.
Where Student Loan Debt, Retirement Savings and Financial Wellness Intersect
Research and advisory experts share their perspectives on how student debt affects workers and employers, while offering insights on the...
A Financial Wellness Case Study
The California-based cold-pressed juice brand Pressed Juicery has embraced a progressive financial wellness program that can help employees address the...
Industry Inclusion and the Role of Informed Mentorship
One lesson about mentorship can be summed up by a quote from the tennis great Billie Jean King; she says...
Investment Product and Service Launches
Amundi U.S. expands global sustainable equity funds lineup; Build Asset Management launches new ETF; Retirement Plan Advisors expands solutions to...
Participants May Be Hesitant to Invest in Lifetime Income Products
U.S. workers’ interest in putting money into investments that guarantee a portion of retirement income fell in 2021 from the...
Plan Design Approaches to Help Plan Sponsors With Nondiscrimination Testing
Advisers can assist plan sponsors wrestling with how to pass IRS testing for qualified employer-sponsored retirement plans by explaining the...
eMoney Advisor Enhances Digital Marketing and Engagement Tool
The tool aims to help financial professionals more easily grow, retain and engage their client bases.
Retirement Industry Rallies Around LIFE Act
The bill would amend the DOL’s current default investment safe harbor regulations to allow, but not require, a retirement plan’s default investment to include a limited investment in...
House HELP Committee Members Introduce Lifetime Income Legislation
The bill, which has been introduced in previous legislative sessions, would allow annuities to be a default investment in employer-provided...
DC Plan Investment Menu Evolution Continues
One telling stat identified in new NEPC research is that managed account adoption has remained stagnant for several years now, while index-based target-date funds have grown in popularity.
Clarifying Misunderstandings of Life Expectancy
The American Academy of Actuaries looks to clear up misunderstandings about recent life expectancy data released by the CDC.
Why Participants Might Be Hesitant to Share Personal Information
Many people are reluctant to share additional in-depth financial details for security reasons and for fear of being bombarded with...
Mixed Ruling Filed in NFP–flexPATH ERISA Lawsuit
The complicated ruling offers some support for the defendants’ arguments but allows other claims to proceed to discovery and trial.
Retirement Industry People Moves
Easterly Asset Management hires VP of intermediary relationships; abrdn bolsters consultant relations team; Nationwide promotes pension risk transfer business leader;...
ERISA Advisory Body Suggests Reviewing Plan Leakage Penalties
Its report studied ways the DOL can try to close the gaps in retirement savings based on rase, ethnicity and...