Compliance May 24th, 2024 SEC Considering Modified Version of Much Maligned Predictive Data Analytics Proposal The regulator’s chair noted that withdrawing the proposal is not under consideration.
Client Service May 24th, 2024 ‘Isolated’ Error by Merrill Exposes Some Walmart 401(k) Data The inadvertent email error surfaced Social Security numbers of some Walmart participants; no misuse is expected, and Merrill is providing...
Products & Services May 23rd, 2024 Financial Wellness Moves From “Nice to Have” to Table Stakes In the second installment of this quarter's PLANADVISER In-Depth, advisers discuss the crucial role financial wellness programs play both for...
Compliance May 23rd, 2024 DOL’s Hauser ‘Comfortable’ New Fiduciary Rule Addresses Prior 5th Circuit Rebuttal The official made the comments to a legal association a few days after the FACC filed a motion to pause...
Compliance May 23rd, 2024 SEC’s Gensler Seeks to Clarify Mutual Fund Swing Pricing Proposal The Chairman suggested that the regulator might opt for liquidity fees instead of swing pricing for open-end funds and also...
Practice Management May 23rd, 2024 Plan Sponsors Seeking Advisers with SECURE 2.0 Know-how Many plan sponsors are in search of advisers and consultants who can help guide them through SECURE 2.0, UBS finds.
Products May 23rd, 2024 Product and Service Launches – 5/23/24 Ameritas launches pooled employer plan for nonprofit organizations; Flex Benefits introduces insurance solution; Stash announced new workplace benefit StashWorks; and...
Client Service May 23rd, 2024 Why Emergency Savings May Be Staying Out of Plan PLESAs are tax-privileged and can auto-enroll, but their out-of-plan alternative are currently more popular to many plan sponsors due to...
Data & Research May 23rd, 2024 Fidelity Sees Record High 401(k) Contribution Levels Latest participant data also shows that small business employees with access to retirement plans save more than traditional 401(k) participants.
Client Service May 22nd, 2024 LIMRA Says Advisers Key to Driving In-Plan Annuities Advisers will play a critical role in working with sponsors if the product offering is going to get traction, insurance...
Compliance May 22nd, 2024 Digital Assets Legislation Passes House of Representatives The bill would define the jurisdictions of the SEC and CFTC for crypto assets but it is likely to be...
Client Service May 22nd, 2024 401(k) Assets Rebound 15% Amid Critiques Recent data shows an uptick in assets held in 401(k) accounts even as the national conversation turns to savings gaps.
Deals & People May 22nd, 2024 Mariner Begins Market Push as $230B Retirement, Wealth Advisory The head of Mariner’s new institutional retirement division says plan sponsor demand for wealth services was part of the decision...
Compliance May 21st, 2024 T+1 Cycle to Start May 28 Beginning in one week, broker/dealers must settle transactions by the next business day.
Practice Management May 21st, 2024 Participant Data and the Race for Ownership This story—the first in a PLANADVISER In-Depth series that focuses on participants—considers the jockeying for data in the retirement industry.
Deals & People May 21st, 2024 Institutional Retirement Income Council Names New Executive Director Kevin Crain, the former the head of retirement research at Bank of America, succeeds Michelle Richter-Gordon in the lead role...
Data & Research May 21st, 2024 Employees Falling Short of Retirement Objectives Lack of retirement preparedness is prompting employee interest in financial wellness, Qualified Plan Advisors found in its annual wellness report.
Deals & People May 20th, 2024 Advisory M&A News – 5/20/24 Blue Ridge Associates acquires TSC 401K; Alerus Financial Corporation and HMN Financial announce strategic transaction; Bluespring Wealth Partners acquires KDI...
Compliance May 17th, 2024 Reg S-P Requires Advisers to Inform Customers of Data Breaches In addition to other registrants, advisers will have 30 days to inform their clients of any substantial data breach.
Client Service May 17th, 2024 Expanding Retirement Plan Automation Experts at EBRI discussed how automation features for emergency savings and other vehicles can help underserved communities save for retirement.