Displaying 10187 results
Nestle sued over its 401(k)
A class-action lawsuit alleges excessive record-keeping and managed account fees
Advisers should keep an eye on state laws and regulations
Taxes on the industry, fiduciary rules and independent contractor status are among the regulatory issues at the state level
Investors unfazed by pandemic-related market volatility, Finra finds
Most demographic groups lack confidence that U.S. financial markets are fair to average investors
Criminal, civil charges filed against phony adviser in $2.95 million fraud
Former New Jersey warehouse operator Alexander Rowland promised returns of up to 140% a year
How to stay out of trouble with ESG-related investments
What the DOL has failed to grasp is that today, ESG items can be financial factors, capable of creating value or exposing liability
Savings in DC plans increase, but outcomes remain ‘bleak’
Only the top 40% of near-retirement 401(k) participants by income have enough saved for retirement
XYPN advocates for consistent regulation of fee-for-service advisory model
The group's lobbying effort must address states’ concerns about charging without delivering
Avantax imposes new fee on held-away accounts
The new charges will be levied on a popular pathway for advisers to conduct business directly with mutual fund companies
Social Security announces 1.3% COLA for 2021
Benefits and taxable wages will increase by one of the smallest amounts ever next year
XYPN rules out Supreme Court appeal over Reg BI
The network of fee-for-service advisers will instead focus on state-level fiduciary advocacy
Salesforce 401(k) suit dismissal a reprieve amid much litigation
A federal judge tossed the excessive-fee claims, though they will likely be refiled
How ‘baby bonds’ could reshape racial wealth inequality
One proposal could reduce the wealth gap, but differences in home equity complicate things
SEC warns firms not to omit disciplinary history from Form CRS
Top agency officials say staff members are finding compliance shortcomings in the disclosure document
Morgan Stanley fined $60 million over failed hardware oversight
The Office of the Comptroller of the Currency cited shortcomings related to the decommissioning of data centers for the firm's wealth management unit
Clayton touts SEC enforcement achievements despite pandemic disruptions
The agency imposed sanctions totaling more than $4 billion and examined 15% of RIAs
The SEC’s push for more alts and private placements is the wrong move at the wrong time
Plenty of examples prove the regulator's efforts are out of step with the market
SEC proposal would allow ‘finders’ to pitch unregistered securities
While approved for public comment, Democratic commissioners voiced concerns over investor protections
In-plan retirement income slow to arrive
Figuring out how defined-contribution plans can provide a guaranteed stream of income requires all hands on deck
Why is ESG used most in retirement plans? It’s not performance
Institutional investors use environmental, social and governance factors to align with stakeholders, according to a report by Callan
SEC streamlines process for creation of fund of funds
Under the new rule, most arrangements won't need individual approval
