The Securities and Exchange Commission says the firm knew that hackers were trying to access participant accounts but didn’t report them.
Though registered investment advisory firms could benefit from hunting for new clients at the DC plans they manage, will they begin to acquire retirement plan adviser firms?
A senior advocacy group predicts benefits will rise 4.7% next year, based on the 0.8% increase in the April consumer price index.
One of life’s most challenging circumstances is caring for a loved one. Here’s how advisers can help female clients who are thrust into the role.
The heads of the Senate and House committees overseeing labor want to know whether TDFs are working as advertised.
While plaintiffs continue to develop many theories and new claims, one type of claim that has appeared with increasing frequency in 401(k) litigation 2.0 is an allegation that deciding to offer additional services to plans and their participants creates conflicts.
A three-judge panel in the U.S. Court of Appeals for the Ninth Circuit affirmed a district court’s dismissal of the case. The savings system is not a plan under the Employee Retirement Income Security Act and is therefore not preempted by the law, the panel wrote in the opinion published yesterday.
Consumer research firm Hearts & Wallets surveyed 5,900 people and found that most have no idea how they pay for financial services.
Advisers should note that no matter how stable a relationship may seem, contingencies should be baked into estate and financial plans in case of divorce, especially for wealthy clients, experts say.
Atlanta-based Clearview Advisory serves more than 100 plans with $2.3 billion in assets.
A new tool tracks spending and sends alerts about unpaid bills and potential elder fraud, helping families to organize and protect the daily finances of an aging loved one.
The bill, which advances to the House floor with a strong bipartisan push, would raise the RMD age from 72 to 75, among many other provisions.
The recent Government Accountability Office report and even more recent Department of Labor guidance on cybersecurity hammer home the reality that protecting plan and especially participant data has become a fiduciary responsibility.
'Investment risk' doesn't mean the same thing to everyone, and some words work better than others, according to a report from Invesco.
The bill, which builds on the SECURE Act, would raise the required minimum distribution age from 72 to 75 over 10 years.
A new Morningstar report presents proxy voting as a backdoor entry to ESG investing for retirement plan participants. As advocates pressure for simpler proxy voting procedures, retail investors could gain considerable leverage.
Ending the step-up in basis and raising the capital gains tax rate would amount to the biggest curb on dynastic wealth in decades.
Stanley Benefit Services is based in Greensboro, North Carolina; the transaction does not include a related RIA, Fund Direct Advisors.
Connecticut-based Future Benefits Inc. serves more than 400 wealth management and retirement plan clients.
A system built around inaction shouldn’t expect people to become more involved with it, much less bear responsibility for keeping their accounts safe.
