News

This is the question in a petition before the Supreme Court in a case involving a leveraged buyout of an ESOP.

While market volatility and geopolitical events are major concerns for advisers, a new study suggests most aren’t utilizing strategies that can address these issues, such as strategic beta.

Uptake of the U.S. Treasury Department’s myRA savings program has been slow, but officials suggest tax time is “the right time to talk about saving with myRA.”

Janney will utilize Advicent’s NaviPlan financial planning software along with its expanded retirement income evaluation tools. 

Women must save more than men to build an equivalent nest egg, NerdWallet finds.

Higher growth in account balances was found among consistent IRA owners.

Commenters expressed concerns that the current definitions would preclude them from using forfeiture accounts to fund the contributions.

On an updated web page, the agency lists transactions, events, or trends that may be of concern.

The last day of the remedial amendment period for 403(b) plans is March 31, 2020.

Many of the questions advisers and providers have asked about the Department of Labor fiduciary rule relate to the line drawn between fiduciary and non-fiduciary client communications.

The Social Security eSource will help advisers provide guidance to clients.

Flat-fee models clearly favored by the DOL for being perceived as less conflicted will have a competitive edge in the new fiduciary future.

Morningstar Expands Executive Leadership Team; Mercer Advisors Acquires Novos Planning Associates; FPA and T. Rowe Price Launch Active Management Educational Initiative; and more.

The DOL has filed a lawsuit seeking $82,000 to restore retirement and health plan contributions, plus interest.

“If interest rates continue to climb, the funded ratio could make some major gains,” says Zorast Wadia, at Milliman.

Among the topline priorities for the Securities and Exchange Commission’s examination staff during 2017 will be “the services provided by public pension advisers” and an “expanding focus on...

Concerns expressed in a survey included fiduciary exposure, high costs and operational hurdles such as recordkeeping issues, among other things.

The company offers an article with a checklist for plan sponsors to use.

Voya contends its study suggests an opportunity for advisers to add value by educating sponsors about the factors that contribute to retirement readiness.

Also, the Spectrem survey reports it’s the first-time investors regularly utilizing the technology instead of employing human advisers.