SEC Reopens Comment Period for RIA Investment Custody Rule
The regulator also announced a new proposal to increase transparency and disclosures for private fund managers such as private equity...
Tag: Outsourcing
IAA: SEC’s Pending Adviser Proposals Are Redundant, Inconsistent
A letter from the industry association outlines what it calls overlap and inconsistencies between them.
SEC’s Uyeda Expresses Concern about SEC Overreach
Republican commissioner specifically mentioned the new outsourcing rule, pay-to-play enforcement and compliance periods for SEC rules.
Advisers, Lobbyists, and Service Providers Respond to SEC Outsourcing Proposal
Some call for the SEC to drop the proposal; others want clarity on which outsourcing duties should be vetted; and...
Advisers Should Comment, Prepare Vendor List Ahead of SEC Outsourcing Rule
Investment and retirement advisers—especially smaller shops—should take the time remaining to provide their feedback about the SEC’s proposed outsourcing rule,...
SEC’s Proposed Outsourcing Rule Could Be Hardest on Small Advisers
The new rules, if approved, would likely require more catch-up by smaller firms to vet third-party providers, says a legal...
SEC Proposal Calls for Vetting of Outsourced Services by Advisers
The SEC says the new rule proposals are responding to the growing trend in use of third-party vendors by financial...
Advisers Find Outsourcing Key to Growing Practices
Technology, investment management, and legal and compliance are the top three areas where advisory practices often turn to outside experts, according to Fidelity.
Many Advisory Firms Centralizing Portfolio Construction
They are finding this results in better performance and reduced litigation risk.
Willis Towers Watson Aims to Bust Myths About OCIOs
Outcomes from using an OCIO have been generally positive and have the potential to improve DB plan funded status, particularly in volatile market conditions, the firm says.
Milestone Group to Provide Multi-Asset Platform for SEI's OCIO Business
The solution helps OCIOs by leveraging the globally proven pControl multi-asset investment platform and has capabilities spanning front, middle and back office functions.
Plan Committees Need to Be More Vigilant: SEI
SEI outlines best practices, including relying on outside providers.
Larger Institutional Clients Embracing OCIO Service
Outsourced chief investment officer assets managed with discretion have more than doubled to nearly $1.3 trillion over the past five years, according to Cerulli Associates.
AccountantsWorld 401(k) Solution Targets Small Employers
The platform will perform “virtually all administrative tasks required by a company to offer a 401(k), removing this burden from company employees and executives.”
United Technologies Announces Pension Buyout, Lump-Sum Window
The company expects the actions will reduce the overall size of its pension obligations by approximately $1.77 billion.
DB Annuitization May Be More Costly Than Maintaining the Plan
Plan sponsors need help assessing several factors before deciding whether to purchase an annuity buyout for their DB plans.
MassMutual Expands Fiduciary Investment Support
Retirement plan sponsors and advisers working with MassMutual now have greater flexibility and expanded tools and technology to help manage their fiduciary obligations and risks.
Desire for Human Adviser Still Strong
Amid the rise of automated solutions and tech-driven plans, people still want a human voice.