District Court Sides With Challenges to DOL’s Fiduciary Standards
A judge struck down parts of Prohibited Transaction Exemption 2020-02 that allowed the Department of Labor to treat certain relationships...
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Product and Service Launches – 7/10/25
Schwab grows institutional no-transaction fee fund offering; Interactive Brokers debuts IBKR InvestMentor; SS&C Technologies adds investment management services to Black...
Blackstone Advisers Wary of Public Market Volatility, Intrigued by Private Markets
A Blackstone Private Wealth survey of its financial advisers found they are concerned about public market volatility and are open...
Retirement Security Improved by Allocating a Portion of DC Plan Assets Into Annuities
A recent paper from the National Bureau of Economic Research explored a guaranteed payout path involving defaulting 20% of a...
Nuveen Lifetime Income TDFs to be Available on Transamerica Platform
The Nuveen Lifecycle Income CIT Series will be available as a default option for retirement plans recordkept by Transamerica.
LeafHouse, Capital Group Introduce Personalized Target-Date Service
Target Date Plus, powered by LeafHouse, uses up to 10 participant data points to customize portfolios for each participant.
Most Investors Believe Financial Advisers Are Crucial to Long-Term Goals
A Morgan Stanley survey found that investors know the importance of having both a professional financial plan and an adviser.
2025 Top Retirement Plan Adviser: Brian Allen
Thoughts from Brian Allen, with Pension Consultants, Inc.
2025 Top Retirement Plan Adviser: Michael Francis
Thoughts from Michael Francis, with Francis LLC.
New York City Bar Committee Makes Recommendations to Strengthen Retirement Security
In a letter, the committee, comprised of legal professionals representing employee benefits stakeholders, expressed concern that legislative shifts aimed at...
Empower Responds to Private Markets Inquiry from Senator Warren
The asset classes should be available to retirees to help with the ‘democratization of private investing,’ Empower CEO Edmund Murphy...
2025 Top Retirement Plan Adviser: Andrew Blankenship
Thoughts from Andrew Blankenship, with Advo(k)ate Advisors.
2025 Top Retirement Plan Adviser: Anthony McCracken
Thoughts from Anthony McCracken Jr., with Newcleus.
SmartAsset Ranks Hawaii, Maine as Best States for Adviser Opportunity
The fintech provider ranked 44 states by assets under management available per SEC-registered adviser.
Aquiline Acquires SEI Family Office Services Unit
The platform also provides services for private banks, alternative asset managers and private wealth advisers.
Retirement Industry Responds to Passage of ‘Big Beautiful Bill’
Notably, the defined contribution retirement plan sector is relatively unchanged by President Donald Trump’s key legislation.
DOL Submits Request for Information About PEPs to OMB
The request, made July 1, indicates the Department of Labor is preparing PEP-related reports, per provisions in the SECURE and...
Despite Enthusiasm, Employees Underwhelmed About AI’s Potential
According to two different surveys, employers must go beyond just providing access to AI and do more to train their...
Massive Tax and Policy Bill Signed Into Law
President Trump signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to...
Wealth Transfer Planning Vital for Advisers to Retain Client Assets
Quality relationships continue to be essential for driving assets in the wealth management space, according to Cerulli Associates.