News

The proposal includes corrections, clarifications, and improvements to its regulations on Reportable Events, Premium Rates and others.

The lower chamber has voted to block funding for the SEC to implement and enforce Regulation Best Interest.

Women place more importance on advice that fits into their work or personal schedule, as opposed to men who place more importance on advice that alerts them to...

Auditors "can provide feedback on the effectiveness of, and suggestions for improving, processes and controls in place related to fiduciary responsibilities and efficient and effective plan operations,” said...

Anxiety about turning DC plan assets into a “lifetime retirement paycheck” in such a low-rate environment is keeping aging Americans in the workforce—including many who very likely have...

The Mesirow Financial Fiduciary Automation Service Technology provides broker-dealers the same automation and compliance engine that Mesirow uses to service its own 3(21) and 3(38) fiduciary service clients.

Club Vita looks at zip codes and other characteristics of the participants in DB plans to estimate longevity risk.

Forty-two percent don’t even know it is possible to keep assets in a plan once one leaves an employer.

By the time the 5th Circuit vacated the DOL fiduciary rule expansion last year, advisory and brokerage firms had spent many millions of dollars to comply with the...

Two newly announced acquisitions bring $2 billion in new client assets.

Financial stress is on the rise in all generations, indicating that financial wellness programs are missing the mark, according to PwC. A new survey report from the firm...

The affirmation once again shows how influential has been the Supreme Court’s 2014 decision known as Fifth Third v. Dudenhoeffer. It also presents an interpretation of how Fifth...

A BrightScope/ICI study also found collective investment trusts (CITs) accounted for a larger share of assets in larger plans than smaller plans.

Under the SEC’s final regulations, Form CRS requires less prescribed wording relative to the proposed version, meaning firms may generally use their own wording to address required topics...

John Hancock Investment Management Adds Managing Director; Willis Towers Watson Promotes Team Heads; Custodia Financial Appoints Brad Campbell to Strategic...

A new academic paper published by the TIAA Institute shows little difference in behavior among undergraduate students, young adults, middle-aged people and older subjects when it comes to...

EBRI found a significant difference in retirement deficits when comparing the current environment where defined contribution plan participants rollover their assets versus a hypothetical state where workers never...

Morgan Stanley builds low-minimum impact portfolio suite; American Century Investments decreases ETF management fee; Sun Life Financial consolidates asset management...

The ERISA fiduciary duty requires fiduciaries to act with prudence, not prescience, a court said.