Compliance November 12th, 2022 DOL: Plan Sponsors in PEPs Don’t Necessarily Need to Purchase Fidelity Bond The department of labor clarified in a response letter some of the responsibility and costs that plan sponsors can offload...
Data & Research November 11th, 2022 Expert Panel: The Economic and Political Sides of ESG Experts caution against including political values in investment strategy, but explain that ESG is not a political agenda.
The Markets November 11th, 2022 FTX Bankruptcy Has Chilling Effect on Crypto Use in Retirement Plans The collapse of the cryptocurrency exchange and related plummet in the crypto market has increased concern about including the asset...
Deals & People November 11th, 2022 Retirement Industry People Moves Credit Suisse Asset Management appoints head of product; Milliman expands Employee Benefits Administration sales team; Strategic Investment Group hires head...
Deals & People November 10th, 2022 DCIIA Announces New Adviser Council The retirement industry association announced three new advisory councils to support advisers, plan sponsors, and institutional consultants.
Client Service November 10th, 2022 Advisers Should Counsel “Cautious Optimism” Amid Cooling Inflation Retirement experts weigh in on how advisers can help plan sponsors and participants understand news of cooling inflation, but continued...
Products November 10th, 2022 Investment Product and Service Launches Voya adds private equity investment option to NQDC offering; MSCI expands Implied Temperature Rise Metrics to funds and indexes; John...
Data & Research November 10th, 2022 Smaller Asset Managers Lag Behind in Adviser Digital Experience Gap in website satisfaction between large and small asset managers could lead to less investment.
Products November 10th, 2022 Retirement FinTech Startup Lilly to Push Credit Card Rewards to IRAs Venture-capital backed startup Lilly Funds recently launched a savings app to ship cash rewards from purchases to retirement accounts.
In Practice November 10th, 2022 Full-Service Retirement Advisers Are Engaging in Busy Open Enrollment Season – With a Light Touch Retirement advisories at companies also providing HR benefit, wealth management, and financial wellness are talking saving during this period of...
Compliance November 9th, 2022 ESG Industry Put on Notice by Congressional Republicans ESG investment strategy and the businesses around it has been sharply criticized and challenged by Republican leaders on all levels...
Compliance November 9th, 2022 A DOL ESG Investigation Story An adviser’s message to his peers is to not fear including ESG factors in investment analysis.
The Markets November 9th, 2022 ESG Interest ‘Relatively Weak’ for Do-It-Yourself Retirement Investors Among new, self-directed DC retirement plan participants, ESG fund allocation is ‘relatively modest when offered in the core menu,’ according...
In Practice November 9th, 2022 Regulators: Crypto, Fake IRAs Increasingly Used to Scam Older Investors Representatives from NASAA, the SEC, and FINRA spoke about the need for financial advisers and firms to be trained to...
Products November 8th, 2022 Adviser Product Partnerships Schwab Advisor Services expands ability for matchmaking between adviser firms; TradeUP adds fractional shares to its online trading patform; Envestnet...
Compliance November 8th, 2022 IRS to Permit Determination and Termination Letters for 403(b) Plans Beginning in June 2023, the IRS will allow 403(b) plans to apply for determination and termination letters, similar to 401(a)...
Compliance November 8th, 2022 Midterm Election Results Could Delay SECURE 2.0 A shift in Congressional power in Washington to Republicans could delay passage of SECURE 2.0 and push Democrat's ESG and...
The Markets November 7th, 2022 ForUsAll Will Drop DOL Crypto Suit if Court Confirms Prior Guidance is Non-Binding ForUsAll CEO David Ramirez says the firm offered to drop its lawsuit against the DOL so long as the agency...
The Markets November 7th, 2022 401(k) Trading Sees Another Light Month in October Investors favored moving assets into fixed income funds during 18 out of 21 trading days.
Compliance November 4th, 2022 SEC Proposes Controversial Rule on Swing Pricing and Liquidity The SEC proposed a new rule Wednesday that would require all open-ended funds, except money market funds and exchange-traded funds,...