Survey: New Year’s Resolutions From Top Plan Advisers
PLANADVISER’s quarterly survey reveals that retirement plan advisers plan to focus on client prospecting, team building and participant education this...
News
Fiduciary Proposal Comment Period Ends With More Mixed Feedback
The IAA and Morningstar offered conditional support to the Department of Labor’s proposal and the ACLI called for a full...
Crossmark’s Doll Projects Long-Predicted Recession to Materialize in 2024
Market forecaster Bob Doll believes a shallow recession is due, given lagging effects of monetary tightening.
Retirement Clearinghouse Notes 4 Key Findings on Auto-Portability
RCH predicts the automatic transfer of small-balance retirement plan accounts could grow net incremental wealth by $1.6 trillion over the...
Infographics: Workers Prefer Financial Benefits to Lifestyle Perks
A survey by Morgan Stanley shows heartening results for plan advisers and sponsors.
Advisory M&A News – 1/2/24
Franklin Templeton completes Putnam acquisition; Wealth Enhancement Group adds RIA Foundational Wealth Advisory.
Client Retention Today
401(k) marketers and advisers give tips on business development in an age of compressed fees, social media and busy schedules.
Client Attraction Through Giving
401(k) marketers and advisers give tips on business development in an age of compressed fees, social media and busy schedules.
Training New Advisers for Client Retention
Newcomers need guidance from seasoned counterparts, but they should also be ready to jump in impromptu.
Retirement Industry People Moves – 12/29/23
Darrin Hebert joins Securian Financial; Vanguard announces senior leadership change.
American Securities Association Says DOL Acting Secretary Cannot Finalize Fiduciary Proposal
The trade organization challenged the DOL’s proposal on several grounds, including that an acting cabinet secretary cannot finalize a rule.
IRS Notice Clarifies SECURE 2.0 Automatic Enrollment, Tax Credits, Other Features
The grab-bag notice also provided guidance on de minimis incentives, distributions for the terminally ill and Roth matching.
Product & Service Launches – 12/28/23
Victory Capital adds VictoryShares Small Cap Free Cash Flow ETF; Alpha Blue Capital Management LP enters Active ETF Space; KKR Income...
Market Watchers See Return to ‘Normal’ in ’24
Retirement savings portfolios may see less volatility next year, according to Bank of America, Goldman, LPL and Vanguard.
IRS 2023 Changes List for Pre-Approved Plans Is Out
The list contains many SECURE 2.0 provisions, but includes amendments stemming from other laws as well.
SECURE 2.0 Provisions Advisers Need to Know in 2024
Groom Law Group, Chartered, compares current retirement provisions with new ones that take effect in 2024.
Retirement Industry People Moves – 12/22/23
Ascensus and FuturePlan add regional and sector sales heads; InVesti snags sales head from IPX Retirement; EBRI taps Segal executive...
Vestwell Raises $125M to Further Small Plan Push
The Series D funding round will be used to expand retirement programs for small and emerging businesses, including state-facilitated plans.
Empower, SPARK Push Back Against Fiduciary Proposal
Their concerns arise from the wide range of sales conversations that take place between recordkeepers and plan sponsors and the...
Product & Service Launches – 12/21/23
Morgan Stanley at Work unveils technology enhancements; John Hancock Investment Management launches active international equity ETF; PGIM releases 4 active...