Compliance June 15th, 2021 Retirement Plan Clients Should Anticipate DOL Cybersecurity Inquiries Attorneys have confirmed that the DOL has begun an audit initiative and is asking for a broad range of cybersecurity...
Data & Research June 15th, 2021 Health, Family, Purpose, Finances: ‘The New Four Pillars of Retirement’ Edward Jones and Age Wave say advisers should take a new approach to working with retirees by helping them determine...
The Markets June 14th, 2021 Health Care and ESG Investing Lead Post-Pandemic Trends A Franklin Templeton webinar discussed whether the current climate is signaling the start of a new market environment.
Compliance June 14th, 2021 Spate of Proposed Legislation Aims to Enhance Retirement and Financial Security Two bills recently introduced by Louisiana Senator John Kennedy add to the growing list of retirement-related bills that have been...
Products June 14th, 2021 Voya Improves Its Website’s Participant Experience The firm says data shows that individuals who engage with their retirement plan digitally save 52% more than those who do not.
Compliance June 11th, 2021 Excessive Fee Lawsuits Expected to Continue to Rain Down on Plans Settlements have totaled more than $1 billion, making insurers think twice about new fiduciary insurance policies.
Products June 11th, 2021 ForUsAll Features Cryptocurrency in New Alt 401(k) Platform Employees will be allowed to transfer up to 5% of their balances into a secure account that has exposure to certain cryptocurrencies.
Deals & People June 11th, 2021 Retirement Industry People Moves Moneta hires first female CIO; Mesirow Board of Directors appoints new president; TRA hires Mid-Atlantic regional sales consultant; and more.
Compliance June 11th, 2021 ERISA Excessive Fee Lawsuit Filed Against Generac Power Systems The complaint includes allegations similar to those in many suits filed over the past few years.
Products June 11th, 2021 Talking Digital Advice Trends With Morningstar and DFA Morningstar Investment Management’s head of digital advice outlines his firm’s expanding collaboration with Dimensional Fund Advisors—the goal of which is...
Client Service June 11th, 2021 Adviser Op-Ed: Addressing the Retirement Plan Provider Disconnect In today’s challenging operating environment, the adviser must not only provide sound advice for their client but take on multiple...
Compliance June 10th, 2021 Wake Forest University Baptist Medical Center Sued Over 403(b) Plan Fees The lawsuit says plan fiduciaries failed to ensure reasonable investment fees and mismanaged revenue sharing to pay for administrative expenses.
Products June 10th, 2021 Investment Product and Service Launches Morningstar invests $11 million in iraLogix; Transamerica announces latest R6 share classes; and ESG Asset launches new capital health care...
Compliance June 10th, 2021 CDI Corp. Agrees to $1.8M ERISA Lawsuit Settlement The retirement plan in question in the suit is substantially smaller than many of those that have faced or settled...
Products June 10th, 2021 Fiduciary Decisions Factors PTE Into IRA Rollover Compliance Software The firm is experiencing a surge in B/Ds and RIAs requesting assistance with the new rule as the enforcement date approaches.
The Markets June 10th, 2021 DCIO Execs Talk ‘Battle-Tested’ Investment Process TIPs, emerging market equities and commodity-oriented investments are seen as safe hedges right now.
Products June 9th, 2021 Alegeus Announces Launch of New HSA Solution Its features include fractional trading up to eight decimal points, auto-rebalancing and real-time account opening and trading.
Compliance June 9th, 2021 Estee Lauder Excessive Fee Suit Moves to Pretrial Conference A district court judge has denied the defense’s motion to dismiss without offering any explanations for his reasoning in court documents.
Compliance June 9th, 2021 Midsize Plan Claims Self-Dealing by Russell Investments The same attorney that is representing employees of Caesars Entertainment in a self-dealing lawsuit filed in May against Russell Investments...
Compliance June 9th, 2021 Judge Moves Forward Some Claims in Excessive Fee Suit, Rejects Others A judge found there was no evidence that fiduciaries of B. Braun Medical's retirement plan violated ERISA's duty of loyalty,...