Ted Godbout

While it came down to the wire, both the House and Senate have now approved the much-anticipated SECURE 2.0 Act of 2022 as part of the mammoth $1.7 trillion omnibus spending bill.  For months, it was anticipated that Congress would attach a final SECURE 2.0 package to a year-end spending bill, but... READ MORE

Net growth in advisor affiliations has been a challenge for many broker/dealers (B/Ds) as increased competition from alternative affiliation options such as independent and hybrid registered investment advisor (RIA) affiliations gain popularity among financial advisors.   This is according to... READ MORE

There’s a lot still to unpack in the new SECURE 2.0 Act of 2022, but 24 hours after its publication, here are some additional highlights. First off, it’s worth reiterating that the legislation still needs to be approved by both the House and Senate, and signed by President Biden. At this point,... READ MORE

The Certified Financial Planner Board of Standards (CFP Board) has released a new guide about cryptocurrency-related assets to help CFP professionals uphold the Code of Ethics and Standards of Conduct (Code and Standards) in their practices. While the same standards apply to cryptocurrency-related... READ MORE

Investors grappling with today's economic environment are feeling increased pressure on their retirement plans and are facing more uncertainty about when they will be able to retire, the results of a new survey suggest.    According to the Nationwide Retirement Institute’s eighth annual Advisor... READ MORE

Outlining various priorities of the Department of Labor, Secretary of Labor Marty Walsh called on policymakers and industry stakeholders to work together to expand access to retirement savings plans, particularly for those in underserved communities.  Speaking Dec. 1 before EBRI’s 2022 Retirement... READ MORE

T. Rowe Price's new U.S. retirement market outlook examines three broad trends the firm suggests continue to shape the retirement outlook for millions of Americans who are saving and investing for retirement.  Specifically, the firm’s 2023 retirement outlook looks at the following: Retirement... READ MORE

A U.S.-focused analysis of the 2022 Global Financial Inclusion Index, sponsored by the Principal Financial Group and conducted by the Centre for Economics and Business Research (Cebr), reveals a clear association between business size and what financial support businesses provide their employees... READ MORE

Compared to their older counterparts, younger generations are demonstrating notable shifts in attitude about work, life and saving, taking drastic measures to bring balance to their lives, a new survey finds.   While Millennials and Gen Z are attracted to more flexible ways of working, they are... READ MORE