Plan sponsors changed retirement plans in anticipation of fiduciary rule
The regulation enacted in June spurred plan sponsors to update their plan design and investment menus and some are even shopping for new plan advisers.
Fiduciary Rule
18-month delay for key fiduciary rule provisions gets green light
The Office of Management and Budget concluded its review of the proposal, a key step in the administrative process, which puts a freeze on further implementing the regulation.
Twin terms that can trip up investors
These two accounts are both funded with money that has already been taxed, but there are still important differences that clients need to know.
Judge sides with plaintiffs in Tibble v. Edison ruling
A U.S. District Court has ruled that Edison International failed in its fiduciary duty by including high-fee retail share mutual funds in its 401(k) plan when lower-fee institutional ones were available.
Trump administration seeks further delay in labor fiduciary rule
The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to put their customers’ interests ahead of their own.
401(k) rollovers: How to avoid costly mistakes
Make sure workers understand that a 401(k) rollover could trigger a hefty tax bill, and that liquidating assets before the age of 59 1/2 could mean a hefty penalty.
401(k) rollovers: How to avoid costly mistakes
Make sure clients understand that a 401(k) rollover could trigger a hefty tax bill, and that liquidating assets before the age of 59 1/2 could mean a hefty penalty.
10 compliance issues for 2018 health and benefit planning
Despite uncertainty over reform efforts in Washington, employers need to prepare for next year now.
Anti-DoL fiduciary rule bill passes House panel
A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.
How early retirees can get cheaper health insurance
Retirees who retire before 65 and want to reduce their premiums are advised to keep their taxable income between $12,060 and $48,240 (for singles) or $16,240 and $64,960 (married couples).
Breaking down the fiduciary rule’s impact on robo-advisers
People underestimate the involvement of human professionals in digital investment services, says Betterment’s Seth Rosenbloom.
One adviser shuns LTC insurance — but says this is a better idea
An alternative is a hybrid long-term-care policy with features of traditional LTC insurance and cash-value life coverage that grows over time.
Benefits Think The fiduciary rule: Now that it’s here, what comes next?
A substantial watering-down of the protections in the rule is possible, says Carol Buckmann, so the ultimate status of the new regulation is still in question.
Carol Buckmann
Cohen & Buckmann PC
What employers should do to ensure fiduciary rule compliance
With the regulation now in effect, there are a number of things plan sponsors should do, including knowing if their adviser is a fiduciary or has conflicts of interest.
What employers should do to ensure fiduciary rule compliance
With the regulation now in effect, there are a number of things plan sponsors should do, including knowing if their adviser is a fiduciary or has conflicts of interest.
Advisers want strong retirement plan support
Fiduciary obligations are making access to up-to-date information and analytics from recordkeepers and service providers increasingly important.
Benefits Think The fiduciary rule: Now that it’s here, what comes next?
A substantial watering-down of the protections in the rule is possible, says Carol Buckmann, so the ultimate status of the new regulation is still in question.
Carol Buckmann
Cohen & Buckmann PC
What employers need to know about the fiduciary rule
Plan sponsors need to understand how the regulation affects their roles and communication efforts — and should pay attention to exemptions.
Fiduciary rule will strengthen adviser, recordkeeper relationship
Retirement specialists are likely to increasingly turn to recordkeepers to provide data that justifies adviser fees through strong plan performance.
Benefits Think The fiduciary rule: What advisers need to know today
Keep in mind that there is no fee structure free of conflict, cheaper doesn’t mean better and recommendations don’t come in a vacuum, says investment strategist Jess DeGabriele.
Jess DeGabriele
LHD Retirement