Investment Product and Service Launches
Wilshire brings to market third-gen factor index series and Northern Trust Front Office Solutions enhances liquidity management solutions for asset...
News
Wealth M&A Slows, but Strategic Deals Continue to Be Inked
Alera Group, a national insurance and wealth services firm, is among the latest established entities to begin picking up smaller independent wealth management shops in key markets.
On the Future of Tech Stocks
A new analysis shows the MSCI World Information Technology Index reach a valuation peak in January, clocking the tech sector’s...
401(k) Investors Had an Active Trading Month in June
The latest data from Alight Solutions shows five above-normal trading days in June.
SEC Votes in Favor of Proxy Voting Advice Rule Amendments
According to a statement from the SEC, the amendments address concerns voiced by investors and industry stakeholders regarding the proxy...
MEP Fee Lawsuit Reaches Settlement
Case documents show the parties engaged in extensive negotiations before reaching a proposed $1.1 million settlement agreement.
Retirement Income Evolution
Experts agree that few defined contribution retirement plan participants can successfully manage their retirement spending on their own, meaning it...
Financial Advisers and the Great Resignation
Wealth management firms struggling to attract and retain talent are facing challenges stemming from disruptions related to technology and the...
What It Takes to Prepare for Retirement
J.P. Morgan has released its annual ‘Guide to Retirement,’ bringing fresh insight into the saving and spending behaviors of retirees.
ERISA Complaint Alleges $751K Retirement Account Thievery
The entire retirement account balance of a Colgate-Palmolive retirement plan participant who lives in South Africa was distributed to a...
Calls on Congress to Fully Fund Reg BI Implementation
An open letter to two U.S. Senators emphasizes that the SEC must receive sufficient fiscal support to effectively oversee the...
The Effects of Consistent 401(k) Participation
According to EBRI, the average account balance increased at a compound annual average growth rate of 15.6% from 2010 to...
EBRI Asks What It Takes to Retire Without Regrets
In a new ‘Fast Facts’ publication, researchers examine the current characteristics of retirees living without major financial regrets.
Retirement Industry People Moves
Mercer Advisors acquires two firms; First Trust Capital Partners acquires direct indexing firm; New York Life appoints head of retail...
PBGC’s Final Union Pension Relief Rule Praised—and Questioned
Sources agree that the final updates made to the Special Financial Assistance program for severely stressed union pensions are helpful,...
University 403(b) Plan Faces ERISA Breach Lawsuit
The plaintiff has alleged excessive fees for recordkeeping, administrative services and investment management against a large university plan in a new fiduciary breach lawsuit.
Bringing Awareness to the Gender Investing Gap
Less than half of women feel they have influence on investment decisions, and many regret not saving and investing sooner,...
Rush of SEC Regulatory Activity Includes E-Filing Rules
The SEC’s leadership says it is important, in today’s digital age, for filers to have easy online methods to submit...
PBGC Issues Final Rule for Stressed Union Pension Payments
To date, the Pension Benefit Guaranty Corporation’s multiemployer pension support program has operated on an interim rule and has protected nearly 130,000 individuals’ pension benefits across some 560...
An SEC Update: Marketing Rule Implementation and Reg BI Enforcement
One expert attorney says the SEC’s recent charges against a brokerage firm demonstrate the potency of Regulation Best Interest’s ‘compliance...