IRA Rollovers Set to Grow, but by How Much?
Experts expect the IRA asset pool of more than $12 trillion to increase from rollovers, but the shift may be...
Tag: Rollovers
IRA Assets Climb to $13T, With Rollovers Fueling Growth
The ICI’s annual IRA report shows financial professionals continue to be the primary source for rollover advice, staying well ahead...
50 House Reps Push Back On DOL Fiduciary Proposal
Bipartisan group urges DOL to ‘withdraw and cease efforts’ to move ahead with retirement security rule targeting annuities and one-time...
Empower’s TDF-to-Managed-Account Offering Clocks $21B in Assets
Recordkeeper's CEO notes potential for managed accounts and other participant offerings to grow on Prudential retirement migration.
Retirement Advisers Say Long-Term Performance Most Important for Evaluating TDFs
Four out of five advisers said investment performance over at least three years is key in picking TDFs for plan...
Recordkeepers Beat Out External Managers for IRA Rollovers
While new research finds recordkeepers took the lead for overall rollover count in 2022, IRA providers outside of employer retirement...
When Merging Retirement Planning and Wealth Management, Participants Must ‘Come First’
As retirement planning and wealth management begin to overlap, a dividing line must be drawn between them for both business...
A Guide to the SEC’s Reg BI Bulletins
In a recent bulletin, the SEC warns that practically all financial professionals have at least some conflicts of interest with...
ERISA vista
If Caught Off Guard by a Failure
Advisers can self-correct some violations of PTE 2020-02.
TIAA Faces New Managed Account Rollover Complaint Months After Settling SEC Charges
A new lawsuit suggests the individual advisory program TIAA clients were rolled into was significantly more expensive and generated hundreds of millions of dollars in fees for TIAA—without...
Dissecting TIAA Subsidiary’s $97 Million SEC Rollover Settlement
A subsidiary of TIAA will settle conflict of interest charges related to the provision of rollover advice to employer-sponsored retirement...
SECURE Act Update: Revisions to Model Rollover Notices
Although the landmark legislation will take years before it is fully implemented, many of the provisions are already in effect—including two that require immediate changes to the 402(f)...
Rollover Mechanics and the Most Common Mistakes
Besides failing to invest the money within the IRS’s 60-day window—the most common mistake according to the experts—another frequent error...
Intro
Best Interest in Mind
Plan sponsors are likely to ensure that advisers are keeping participants' best interests in mind when recommending rollovers, even though the fiduciary rule has been vacated.
Senator Reintroduces American Savings Act
The legislation would establish a personal retirement account for every American that they could take with them from job to job.
CRR Makes Recommendations for Improving Retirement System
In a letter to the Department of Labor, researchers for the Center of Retirement Research at Boston College make policy recommendations to address defined contribution plan portability and...