Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
News
Investment Product and Service Launches
Envestnet launches ActivePassive ETFs; Orion Advisor Technology reveals industry’s first ChatGPT integration; AI chatbot Mo debuts on Morningstar platforms; and...
House Republicans Eye SEC Regulatory, Enforcement Budget
A letter from the House Financial Services Committee calls for a freeze on the SEC’s enforcement budget and the defunding...
Vestwell Partners with JP Morgan on Small Business 401(k) Plans
The digital recordkeeping platform will be available to JP Morgan's 401(k) product for small businesses, following the partnership.
Many Small Businesses Cannot Afford Worker Retirement Plans
Monetary concerns outweigh desire to attract and retain employees, according to a new SMB index from Fidelity.
Announcing 2023’s Plan Adviser of the Year Award Winners
Adviser firms in six categories were honored at a dinner in New York Wednesday night.
In-Person Client Meetings Return as Pandemic Dims, Volatility Remains
A recent survey shows that advisers are doing more in-person meetings amid overall increased client touchpoints.
Adviser Product Partnerships
SMArtX adds 25 strategies to unified managed accounts platform, including from Fidelity and Nuveen; Goalsetter partners with Envestnet; Holistiplan tax...
Industry Voices Object to SEC Safeguarding Rule
Adviser advocacy and interest groups expressed disapproval for the SEC’s proposal, citing discretionary trading concerns and limiting annuity use.
New RIA Aims to Advise Plan Sponsors on Diligent Annuity Selection
Experts in the insurance and asset management industries have launched Annuity Research & Consulting to advise 401(k) plan sponsors and...
The PLANADVISER Interview: Fiona Greig, Global Head of Investor Research and Policy, Vanguard
Research and policy expert Fiona Greig discusses moving from consumer spending and saving patterns to the world of long-term retirement...
Aon, Astellas Pay to Settle CIT Conflict of Interest Litigation
A 2020 case over the performance of proprietary CITs ends with a settlement.
SEC Charges Pinnacle Advisors With Liquidity Rule Violations
The SEC complaint says Pinnacle knowingly mispresented the liquidity of some assets to satisfy liquidity requirements.
Advisory M&A
Hub International acquires Red Rock Financial; Hightower makes Strategic Investment in Ten Capital Wealth Advisors; Wealth Enhancement Group adds Heacock...
October Three Consulting Acquires Retirement Learning Center
October Three expects its plan approach and thought leadership to combine well with RLC’s educational resources and guidance for advisers.
SEC Swing-Pricing Rule Would Make Participants Second-Class Investors
The president and COO of Nationwide Financial argues the rule would be bad for retirement plan and annuity product investors.
Accelerate Retirement Spins Off From Aggregator NFP
As an independent advisory, the firm expects to be more ‘nimble’ in meeting both adviser and client needs.
Desantis Bans ESG Consideration in Florida’s Investment Decisions
The governor sees Florida as a trendsetter in how states can prohibit and ban ESG in state funds.
Women in Retirement Industry Face Dual Pressure
Respondents to WIPN study reported employer support and flexible schedules available for caregivers, but three in 10 women said caregiving...
SEC Safeguarding Rule Would Expand Investment Oversight to Crypto, Artwork
A proposed rule whose comment period ends Monday would have advisers obtain written agreements that segregate client assets to protect...