Practice Management

The good news is that the Securities and Exchange Commission (SEC) has established a date for issuance of a notice of proposed rulemaking (NPRM) for the Personalized Investment Advice Standard of Conduct.The bad news? That date, according to the SEC Office of Management and Budget’s fall agenda, is... READ MORE

A new survey finds that most workers strongly disagree with the statement, “My employer is responsible for providing for my retirement.”The study, “Investor Mindset: Attitudes, Concerns, Beliefs & Goals,” one of 10 sections of the Hearts & Wallets’ 2015 Investor Quantitative Database, not... READ MORE

Collective investment trusts (CITs) have seemingly become all the rage in plan investment circles, and for some very good reasons. But what of a 403(b) plan purchasing collective trust interests? In MarketBeat, Robert Toth argues that there is trouble in the details and identifies two issues that... READ MORE

For purposes of calculating the 403(b) 15 year catch-up contribution opportunity, does one include all previous 403(b) and 457(b) contributions made with the employer, or just the previous 403(b) contribution? In Tech Talk, Ellie Lowder tell us. READ MORE

With concerns about the final Department of Labor (DOL) fiduciary rule and its potential impact on low- and middle-income families still percolating on Capitol Hill, a bipartisan group of House of Representatives members has outlined a series of legislative principles to help guide those efforts.... READ MORE

“In my 40 years of doing this, I never thought I’d see the day we’d have a president giving us direct instructions …” [on state-run, automatic enrollment IRA programs], Assistant Secretary of Labor Phyllis Borzi told the ERISA Advisory Council Nov. 2-3.At the hearing, Borzi noted that about 68... READ MORE

Charter schools are the fastest-growing school choice option in the U.S public education system. In MarketBeat, Richard H. Ford offers a discussion of their origin and growth, and how retirement plans are handled for their employees. READ MORE

The Department of Labor’s (DOL) proposed fiduciary rule would make many changes. One of them — and one central to what constitutes a fiduciary act and who a fiduciary is — is what constitutes a recommendation.And that was one of the topics addressed by panelists in a discussion at the recent LIMRA... READ MORE

The U.S. House of Representatives passed legislation Oct. 27 that would block the Department of Labor from finalizing its fiduciary proposal until the Securities and Exchange Commission weighs in.By a 245-to-186 margin, the House passed the Retail Investor Protection Act of 2015 (H.R. 1090), which... READ MORE