Mutual fund sales will be limited to T shares, while municipal bonds, preferred stock and international debt will be prohibited.
Put your request in writing, enlist help if needed and don't give up.
Retirement plan fee-disclosure rules from 2012 show that sponsors — and likely participants — rarely read such notifications and, if they do, don't understand them.
The DOL also hinted that clean shares may offer an avenue for an additional rule exemption, potentially as a replacement or alternative to BICE.
Congress might double contribution limits separately if health care bill falls apart in Senate, consultant says.
It would be the ninth state to pass legislation creating a plan, and differs from other states' auto-IRA and marketplace approaches.
Advisers argue they need to see participant information to do holistic planning and be fiduciaries.
Clients are looking for more when it comes to participant education, communication, investment reporting and investment results.
The central goal shouldn't be education, but rather lasting ways to change unhealthy behaviors
Interest in aggregator firms focused on 401(k) plans has grown, but advisers must weigh what they'd be sacrificing and gaining through such arrangements.
Tons of 401(k) advisers will be prone to litigation come June, and advisers need to know where the pitfalls lie and how best to protect themselves.
By mandating that nongovernment money funds add special fees, redemption restrictions and floating net-asset values, the SEC has given plan advisers a reason to reassess the cash management options in company-sponsored plans.
Houses and retirement? Not so much – personal freedom tops concerns.
In a potential indication of how judges will rule in the other university lawsuits, Emory and Duke will have to defend allegations that using multiple record keepers breaches their fiduciary duty.
Five states have vowed to forge ahead with plans to create retirement programs, but the president's actions may slow development in other states.
On average and adjusting for inflation, retirees are entering their 80s richer than they were in their 60s and 70s.
Only the wealthiest homeowners would benefit from itemizing.
Fidelity, responding to demand for fiduciary services, will be competing with third-party providers such as Financial Engines and Morningstar for distribution.
Even as retirees live longer, healthier lives, they've become more pessimistic about the economy, the stock market, and their own financial situation.
The prudence requirement in being gauged based on the portfolio in aggregate but also on individual investment options.
