News

Aon jumps into pooled employer plan market

The company will be one of the first provide the plan type outlined in the SECURE Act

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The future of 401(k) plans looks bright

But only if retirement plan advisers lead the way

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DOL Puts Guardrails Around Use of ESG in Private Retirement Plans

The Department of Labor has proposed a new rule that would require more analysis and documentation around ESG investments in private retirement plans.

ETNs face crisis of confidence

Credit Suisse’s decision to delist nine exchange-traded notes worth nearly $3 billion points to an existential crisis in this sector of the ETF market

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Cary Street Partners to acquire $215 million RIA

Waypoint Advisors in Virginia Beach, Va., will join the Richmond-based firm

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UBS rich clients get Goldman, Pimco strategies with no extra fee

The wirehouse says it wants to simplify pricing for separately managed accounts and expand client choice.

TSP doubles target-date options for federal workers

Participants in the $557 billion Thrift Savings Plan will have many more target-date vintages available to them starting in July

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TIAA tackles student debt with startup Savi

The technology determines an income-driven repayment plan and whether a client may qualify for the federal student loan forgiveness program

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A new Reg BI compliance wrinkle?

As the industry pushed to comply with the fiduciary rule, new issues emerged.

20 biggest U.S. fund families post $65B in outflows in the year of coronavirus

Here's how the largest groups have fared during unprecedented market activity.

Wells Fargo recruiting surges, picks off advisors from UBS and Morgan Stanley

The wirehouse added more than a dozen advisors in the last month managing more than $1 billion in client assets.

Managing Retirement Plans Through the Pandemic

It’s proven possible to continue servicing clients effectively and to run a retirement plan business remotely in an era of masks and social distancing.

Fidelity research shows COVID-19 steering advisers toward technology

The research points to a 50% increase in digital marketing strategies since pandemic hit

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Supreme Court limits SEC’s ability to mete out ‘financial ruin’ via disgorgement

The ruling upholds the agency's right to claw back ill-gotten gains as long as they’re from net profits of fraudulent schemes

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Leading with ethics, in person and online

A recent study found advisers with more ethics training are one-fourth less likely to participate in unethical behaviors

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What Mastercard's $1B Data Aggregator Finicity Deal Means for Advisors

Backed by Mastercard, advisors using Finicity could enjoy faster money movement across the data aggregator's North American footprint.

A New Approach for Real Estate Diversification

'Like-kind' exchanges may permit clients to defer capital gains taxes.

Fink promises to boost black employees at BlackRock 30% by 2024

The CEO also said the asset manager will double the portion of senior executives who are black, from 3% currently

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Some new Advisor Group reps staring at reduced pay grid

Any cuts to payout will be offset by tools and technology, according to the broker-dealer

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BNY, Wilshire roll out small-plan custom TDF option for advisers

The product includes five glide paths and can include investment options that are already on plan menus

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