Where are we as an industry in providing one-on-one financial planning as an employee benefit? Is there any significant movement on that front? “There’s more acceptance and recognition of the need,” intellicents Co-Founder and Chief Executive Officer Brad Arends said. “We get a lot of inquiries,... READ MORE

A new Cerulli report argued that application programming interfaces (APIs) that enable seamless transmission of data within the wealth stack are increasingly important. “As financial planning increasingly becomes the core element upon which investment advice, tax planning, and estate planning... READ MORE

On Tuesday, an explanation and history of fiduciary liability insurance occurred at the ERISA 403(b) Conference in Washington, D.C. The panel discussion titled “Fiduciary Liability Insurance” featured Euclid Fiduciary’s Daniel Aronowitz, Sompo International’s Joe Kelly, and Marsh McLennan’s Mitch... READ MORE

“403(b)s are not 401(k)s, and damage is done by not understanding the difference,” PenServ Plan Services President Sue Diehl emphasized at the outset of a session dedicated to a comparison of the two at the ERISA 403(b) Advisor Conference in Washington, D.C. on Monday. She then listed several... READ MORE

Fraud involving faulty distributions and takeovers of client accounts and retirement plans is an ongoing concern, and the anxiety over potentially losing savings that took a career to build (and just who might be liable) is growing. High-profile lawsuits from participants over security... READ MORE

Student loans are again making headlines, and October marks the resumption of payments for borrowers after a lengthy COVID-related hiatus, a politically controversial issue affecting over 45 million Americans. One would think it would mainly impact younger workers, yet “even seasoned employees are... READ MORE

Vestwell continued its march on state-sponsored private retirement plans on Tuesday and announced that New Jersey has selected the company as its program administrator for the Secure Choice Savings Program. “The partnership will provide New Jersey residents with access to modern retirement plans... READ MORE

Democrats have reintroduced a bill during President Biden’s ongoing battle over student debt forgiveness to restore federal protections for Social Security benefits to prevent them from garnishment by the federal government for the repayment of all non-tax federal debt. Sen. Ron Wyden (D-Ore.)... READ MORE

The National Association of Plan Advisors (NAPA) has launched the NAPA Advisor Research Institute (NARI), a new and unique research arm dedicated to the retirement plan advisor industry, the organization announced Tuesday.  NARI is a strategic partnership between NAPA and the Retirement Leadership... READ MORE