Advisers Latest

What do plan participants say they need to make better use of their retirement? Some answers, from a recent State Street Global Advisors survey, offer insights that can help advisers work with their clients on member education efforts.

Hope is the crutch of an ineffective manager, someone who invites otherwise avoidable litigation.

Probably you. The Securities & Exchange Commission (SEC) is moving forward in its quest to define who is a fiduciary for various client/adviser transactions.

New York City’s police pension won’t sell about $10 million in gun-related holdings, the president of the biggest officer union says.

A recent Schwab survey of planning students at Texas Tech found that the lure of client relationship management and working in-person with clients remains high, with nearly half of students citing the latter as a priority.

Mercer, Lockton, Burnham Benefits, Towers Watson and Pentegra all announce personnel moves. Check to see if a colleague is mentioned today.

The industry has gone through an evolution in the way it delivers services to clients, the way businesses operate and the state of the competitive market. At some point in there, value added services became all the rage. But now we have a problem, says EBA Blogger Wendy Keneipp.

Many employer plan sponsors are expressing a high level of interest in adding Roth 401(k) in-plan conversions as an option to their 401(k) plans in 2013. The recently passed Taxpayer Relief Act of 2012 made it possible for retirement plan participants to convert existing 401(k) plan balances to Roth 401(k) balances, whether or not the participant is distribution eligible.

The challenges confronting many retirement plan advisers are familiar.

New 401(k) loan transactions were down approximately 5% year-over-year, and total hardship and in-service withdrawals were down nearly 8%, according to Bank of America Merrill Lynch’s most recent 401(k) Wellness Scorecard, released Thursday.