Search results for: the blank effect
401GO Releases Mobile App in Push for Small, Individual Plan Market Share
Participants with 401GO plans can access their contribution history, investment performance and other resources.
DOL’s ESG Rule Challengers Cite Chevron Reversal
Challengers of the rule that allows environmental, social and governance factors to be considered in investment decisions cited the overturning of Chevron.
Federal Court Issues Temporary Stay on FTC Noncompete Ban
A final ruling on the merits of the regulator’s ban on noncompete contracts for employees is expected by August 30.
GE Hit By Athene PRT Lawsuit
Schlichter Bogard LLP files a lawsuit against General Electric for completing a pension risk transfer with Athene, joining suits against AT&T and Lockheed Martin, among others.
FSI, SIFMA Join Insurance Industry Lawsuit Against Retirement Security Rule
Brokers and asset managers have also opposed the rule, alongside the life insurance industry.
SPARK To Host Workshops On SECURE 2.0 Implementation
SPARK Institute and Vangaurd will host the workshops to focus on collaboration between retirement plan recordkeepers and payroll providers on SECURE 2.0 mandates and provisions.
SEC’s ALJ Process Rolled Back by Supreme Court
The court ruled that issuing fines administratively violates the Seventh Amendment.
Preparing for the Retirement Security Rule
Some provisions are set to come into effect in September.
Vanguard Reopens Two Actively Managed Mutual Funds to New Investors
Vanguard has brought back its Primecap and Primecap Core funds, which were closed to new investors in 2004 and 2009, respectively.
DOL Backs Unenforceability of Class Action Waivers
The regulator filed an amicus brief with the 6th Circuit in May arguing that class action waivers in plan agreements are not legally valid.
Voya Financial and SecureSave to Offer Emergency Savings Program to Workplace Clients
The tool is available out-of-plan to Voya’s Workplace Solutions clients.
Should the CPI-E Be Used for Social Security?
Using the consumer price index for the elderly for cost-of-living adjustments would likely result in higher Social Security benefits.
What to Know About Qualified Student Loan Payment Matching
While the IRS has provided guidance on the new provision, there is still clarification needed, according to an expert.
Showing Net Performance in Portfolio Subsets Is Hardest Part of Marketing Rule
The majority of investment advisers are changing marketing materials to try and comply with the rule, with frustrations, according to a Seward & Kissel survey.
Ascensus Restructures Sales Team
The tax-advantaged savings provider continues retirement division restructurings.
529 Assets Are Growing, But Education Still Needed
529 assets are increasing, but education is needed for plan sponsors and participants to understand their full benefits.
Recordkeepers and Participants: An Evolving Relationship
Recordkeepers are adding services and connection points with participants, which has ripple effects plan advisers should be aware of for their businesses.
Retirement Plan Tax Credits for the Smallest Employers Gain Traction in Congress
The RISE Act would raise credits for micro-businesses with less than ten employees.
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 noted looking into regulatory rules around CITs.
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.