Data & Research November 29th, 2023 Employers Need Advice on Most Optional SECURE 2.0 Provisions Alight research finds that plan sponsors are unsure about parts of the legislation that lack legal clarity.
Deals & People November 29th, 2023 KKR to Buy Final 37% of Annuity Provider Global Atlantic for $2.7B Already the majority owner, KKR will take full ownership to solidify its insurance footprint and the connection to its asset...
Products November 29th, 2023 The State of PEPs and What to Expect in 2024 Aon has hit $2 billion in pooled employer plan assets, and advisers and providers see potential for continued PEP growth...
Compliance November 28th, 2023 Part-Time Retirement Eligibility Proposal Seeks to Clarify Complex Legislation The IRS published fiduciary guidance on legislation intended to give more part-time workers access to retirement plans.
Data & Research November 28th, 2023 LIMRA: Plan Advisers Will Play Key Role in Future of In-Plan Annuities Of plan sponsors considering an in-plan annuity, 79% do so through a plan consultant or adviser, according to a LIMRA...
Compliance November 27th, 2023 Crypto Remains Massive Compliance Risk for Retirement Fiduciaries Last week, Binance, a crypto exchange, was hit with a record-breaking Treasury settlement.
Deals & People November 27th, 2023 UAW Members Ratify Big 3 Automakers Deal The contracts with General Motors, Ford and Stellantis could prompt nonunion companies to establish more competitive benefits.
Client Service November 27th, 2023 What the 2024 Election Will Mean for Advisers When it comes to retirement planning, expect increased attention on the fiduciary investment adviser proposal, contribution limits and tax cuts.
Deals & People November 22nd, 2023 PGIM Names Sancia Dalley Managing Director of DEI She will oversee HBCU investment strategy.
Products November 22nd, 2023 Product Partnerships – 11/22/23 Luma Financial Technologies, RetireOne enhance RIA access; IFC, T. Rowe Price create 1st blue bond strategy; Alto, Farmland LP announce...
Compliance November 22nd, 2023 SEC Charges Against Kraken Identify Specific Tokens as Securities The complaint is another sign to 401(k) plan fiduciaries to take care with digital asset availability in plans, according to...
In Practice November 21st, 2023 The PLANADVISER Interview: Jessica Baehr, Head of Group Retirement, Equitable Baehr discusses why more than 1,000 advisers sitting in ‘little chairs’ in classrooms is key to providing retirement guidance.
Compliance November 21st, 2023 Wealth Manager Fined More Than $800,000 for Reg BI Violations Of their advisers, 2 were also fined and 1 suspended for 6 months for account churning and excessive trading.
Client Service November 21st, 2023 Infosys Ransomware Attack Affecting Nonqual Plans Nearing Fix Account holder plans may be nearing reactivation, but are still on hold through at least November 27, according to a...
Data & Research November 21st, 2023 Money May Buy Happiness After All, Empower Survey Shows Of Americans surveyed in an August poll, almost 60% said money buys happiness, at least in part, as it gives...
Data & Research November 21st, 2023 Citi, JP Morgan Rated 1st in Digital Platform Satisfaction, According to JD Power Survey finds connection between digital experience ranking and client satisfaction and retention.
Compliance November 20th, 2023 FINRA Proposal Would Allow Broker/Dealers to Use Projected Performance in Marketing to Retirement Plans The new rule would permit brokers to use projected performance in communications about qualified retirement plan investing.
Compliance November 20th, 2023 DOL Releases Informational Copies of 2023 Form 5500s The disclosure forms have been updated for 2023 filings to be completed in 2024.
Deals & People November 20th, 2023 Morgan Stanley Promotes Jed Finn to Head of Wealth Management Finn will assume his new role on January 1, 2024, as part of the division’s transition under Andy Saperstein.
Deals & People November 20th, 2023 Advisory M&A News – 11/20/23 Wealth Enhancement adds two New York-based RIA firms; Bitcoin IRA acquires Shrimpy.io; UBS snags Merrill wealth advisory.