Advisers Giving Back: Pensionmark
One charity program Pensionmark supports is Partners in Education, which pairs young people with mentors from the business community to...
News
What to Expect in an SEC Regulation Best Interest Inspection
Two new risk alerts published by the SEC provide broker/dealers and advisers with advance information about the expected scope and content of the initial examinations for compliance with...
Transamerica Announces Coronavirus-Related Help for Clients
The firm has established a dedicated team to support participants who are considering accessing their retirement savings to meet their short-term financial challenges related to the pandemic.
John Hancock Waives COVID-19-Related Retirement Plan Fees
In addition to waiving fees related to participant hardship withdrawals, the firm is suspending fees for plan amendments made in response to the pandemic.
A Brave New Fiduciary World
The response of advisers to the coronavirus pandemic can provide a concrete illustration of how fiduciaries now function.
PCS and Envestnet Pair to Deliver Turnkey Plan Management
Through the new ManagedPlan solution, the PCS Retirement recordkeeping platform will be fully integrated with Envestnet's wealth management platform.
Mercy Health Gets a Victory in Church Plan Lawsuit
While an appellate court ruled that Mercy Health's pension plan is a church plan exempt from ERISA requirements, a district court must determine whether ERISA's exemption violates the...
InvestorCOM Launches Reg BI Compliance Platform
The SEC has confirmed that the COVID-19 pandemic will not halt the implementation of the SEC’s Regulation Best Interest, which has a general compliance date of June 30.
Principal Offers Cost Relief to Plan Sponsors and Participants
In addition to waiving transaction fees for participants, Principal is waiving fees for certain retirement plan amendments.
Template Library Launched by Pivirotto Resource Group
“There’s a gap in the market where the solo adviser or small office is trying to create their own marketing, sales, and service process documents,” says Sharon Pivirotto.
First Time Advising in a Bear Market?
It’s easy to tell clients their accounts have grown by leaps and bounds, but helping them calmly navigate a severe...
Retirement Industry People Moves
TRA appoints national sales manager; SS&C Technologies names retirement solutions manager; MMA acquires Illinois brokerage firm; and more.
Share Class Issues, Churning Drive Securities Settlement
A settlement secured by Massachusetts financial market regulators from Janny Montgomery Scott underscores the importance of monitoring the share class recommendations being made to clients.
Building Digital Connections in a Socially Distant World
Those few remaining advisers who have been reluctant to integrate digital communications as a core part of their client service strategies have little choice but to reconsider in...
Hard Choices Ahead About Easing Hardship Withdrawals
With the coronavirus pandemic causing acute financial harm to so many Americans, plan sponsors may feel compelled to offer hardship withdrawal relief in their plans; plan advisers can...
SEC Says Coronavirus Will Not Delay Reg BI, Form CRS
“The uncertainties caused by COVID-19 have not changed our perspective or commitment,” SEC Chairman Jay Clayton says.
Empower Waives Loan and Hardship Withdrawal Fees
The fee waiver will remain in place until further notice, depending on circumstances in the economy and financial markets.
Envestnet | MoneyGuide Creates Illustrative Tax Planning Feature
It is designed to enable advisers to have deeper conversations with clients about various tax strategies.
Discovery and Trial Ordered In Teva Pharma ERISA Challenge
The text of the pro-plaintiff ruling offers a helpful history lesson about several precedent-setting cases that continue to define the borders of the ERISA litigation landscape.
Cetera Helps Advisers Navigate Business During Pandemic
The Advisor Resiliency Pack suite of services is designed to help advisers grow and enhance client engagement as well as manage their business operations through the effects of...