In Practice April 20th, 2023 Mandatory Retirement Not Serving Economy, According to Panel on Longevity The current economy needs older workers, according to speakers at a conference on longevity with Thrive Global's Arianna Huffington.
Compliance April 20th, 2023 Acting Labor Secretary Su Says SECURE 2.0 Guidance Coming in “Timely Manner” Committee to consider Su's confirmation to replace Marty Walsh, who left the DOL in February.
Compliance April 20th, 2023 At House Committee, SEC Swing Pricing Proposal Comes Under Fire Gensler defended the SEC’s recent proposals on subjects such as climate disclosure and swing pricing.
Products April 20th, 2023 MetLife, Savi Launch Student Debt Management App for Public Sector Workers Participants can use MetLife’s financial wellness platform to gauge eligibility for student loan forgiveness programs.
Data & Research April 19th, 2023 American Benefits Council Selects Thiele as Chair of Policy Board of Directors Fred Thiele of Microsoft will replace Tracy Watts of Mercer for the 2023-2024 term.
Deals & People April 19th, 2023 Hightower Advisory Fairport Wealth Names Matt Logar CEO Fairport, which has acquired four advisories since joining Hightower in 2017, promotes Logar to succeed Ken Coleman.
Products April 19th, 2023 State Street, Annexus Retirement Solutions Release TDF With Retirement Income Annuity Firms partner on “set-it-and-forget-it” retirement investment that includes a guaranteed income annuity.
Deals & People April 19th, 2023 Marketer Snappy Kraken, Morningstar Launch Adviser Tool for Personalized Content The Snappy Kraken Morningstar Wealth Edition gives advisers access to Morningstar research to share with clients.
Data & Research April 18th, 2023 65% of Financial Advisers Braced for Recession The majority (42%) believe it will be a “short and shallow” decline, according to an annual Nationwide survey.
In Practice April 18th, 2023 Investment Group Calls On FTC to Exempt Execs From Non-Compete Ban The IAA wants to keep non-compete clauses for employees with access to proprietary investment data, as the end of the...
In Practice April 18th, 2023 DC Plan Council Expects Increase in Real Estate Investing Real estate allocations can strengthen participant outcomes and reduce volatility, according to the Defined Contribution Real Estate Council.
Compliance April 18th, 2023 Betterment Pays SEC $9M for Misstatements Regarding Tax Loss Harvesting The digital advice and IRA provider agreed to pay the fines without admitting or denying wrongdoing.
In Practice April 17th, 2023 New Retirement Firm Aims to Partner with Generalist Advisers Freedom Fiduciaries seeks to manage plan fiduciary duties so smaller financial advisories can focus on client relationships, wealth management.
Products April 17th, 2023 Millennium Trust Will Add Auto-Portability to IRA Rollover This Year The new functionality is intended to reduce retirement savings leakage and expand access to savings options.
In Practice April 17th, 2023 Social Security Uncertainty Bolsters Use Case for HSAs, Proponents Say Because of rising health care costs and the predicted insolvency of Social Security, experts tout HSAs as a powerful tool to save up...
In Practice April 17th, 2023 Pensionmark CEO Says Firm Moving to 50/50 Retirement, Wealth Split by Summer About one year after being acquired by World Insurance, Pensionmark discusses robust pipeline of wealth adviser transactions ahead.
Deals & People April 17th, 2023 Advisory M&A Aristotle acquires $20B Pacific Asset Management; Beacon Pointe Advisors acquires $1B NY-based advisory; Cetera takes minority stake in $350M adviser;...
Products April 17th, 2023 Most Young Investors Lack Understanding of Robo-Adviser Technology Human support remains key in assisting investors using robo-advice investment management, according to experts.
Data & Research April 14th, 2023 Fears of State IRA Plans Overtaking Private Not Realized, Data Shows States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew...
Compliance April 14th, 2023 Commenters Urge SEC to Implement Market Proposals Sequentially The growing chorus of caution now includes the Department of Justice.