Tumbling Stocks Prompt 401(k) Investors to Make Trades
While only 0.21% of balances were exchanged in May, it was the highest monthly activity so far this year, according to Alight Solutions.
News
Education Can Help ‘Savers’ Feel Confident Like ‘Investors’
Nearly all of those responding to a new Schwab survey say they would feel confident about making the right financial decisions with professional help, yet only half feel...
Tackling the Industry’s Diversity and Inclusion Problem
Even though African Americans make up about 13% of the United States population, the U.S. Bureau of Labor Statistics reports this group accounts for only about 7.6% of...
Sponsors Seeking Advisers with CIT, ESG Expertise
Many retirement plan participants want to deploy their values in their portfolios, as do portfolio managers; advisers can help make this happen.
Leafhouse Packaged Solution Helps Advisers Support Plan Sponsors
The advantages of working with FlexPrecision allow financial advisers to concentrate on market opportunities and to cultivate new business.
Sourcing Advisory Talent in Unexpected Places
Advisory firms and recordkeepers are finding talent in the hospitality industry and among the ranks of the recently retired.
Tracking SECURE Act, RESA, DOL Developments and More
The SECURE Act and open MEPs are among topics explored by the PLANSPONSOR National Conference ‘Washington Update’ panel.
HANYS Moves Retirement Services Towards Smaller Market
The firm has worked with larger organizations for the past four decades, but credits the expansion towards a need for more fiduciary resources in the smaller business market.
Retirement Industry People Moves
Transamerica promotes RVP to large-market sales director; Rea & Associates adds new plan audit services director; Ascensus acquires TPA firm for...
Financial Wellness Programs Offer Many Benefits to Employers
Employees of all income levels face distracting financial stress, survey finds.
Advisers Increasingly Using Model Portfolios
They see them as a way to offload day-to-day asset management oversight so they can strengthen customer relationships.
Investment Product and Service Launches
intellicents builds active management feature to adviser platform and Hartford Funds releases multifactor mutual funds.
SEC Seeks to Protect Teachers and Military Personnel
The regulator is increasing its education about saving and investing to these groups, along with enforcement to safeguard them.
Learning the Medicare Alphabet Is a Must for Modern Advisers
Do you know the difference between Medicare Parts A and B? What About Parts C and D?
Many Admit They’d Take on Debt to Finance Their Child’s Education
Country Financial, which surveyed American parents, urges them to form a realistic, long-range plan.
Supreme Court to Hear IBM Stock-Drop Case
IBM asks the court to hear the case after an appeals court reverses the company’s district court win.
Interest Picks Up in Student Loan Repayment Programs
Yet, it’s important to first gauge employees’ interest in such programs, a Willis Towers Watson expert says.
SEC Votes in Approval of Final Regulation Best Interest, Form CRS
The regulator is taking a disclosure-based approach
Fidelity TDF Fees Rival Vanguard’s After Reductions
With its fee reduction, 21 of the 22 Fidelity Freedom Index Funds will have total net expenses lower than comparable Vanguard index target-date funds, Fidelity says.
Groups Ask DOL to Make 401(k) Electronic Delivery the Default
ICI, SPARK and the ACLI are among the eight organizations making the request.