Category Archives: Retirement Plans

Nationwide is teaming up with Morningstar Retirement by offering a new managed account service that merges custom retirement strategies with direct advisor involvement. Financial advisors who work with retirement plan clients will be able to leverage Morningstar Retirement’s advisor-managed accounts … Continue reading →

Empower announced partnerships with several asset management and insurance providers to offer a range of in-plan and out-of-plan guaranteed income solutions to its defined contribution (DC) plans. Partnerships with American Century, American Funds, and other providers will offer annuity and … Continue reading →

I have been blocked by 3 of the sitting 7 members of my local board of education on social media because it’s my opinion that they’re doing a bad job. Imagine that, a publicly elected official with such fragile egos, … Continue reading →

I work as the attorney for a not-for-profit organization, at least as the attorney for the board. It seems all the dysfunction I saw working with the College Republicans, the Stony Brook Statesman newspaper, the synagogue, and those law firms … Continue reading →

The CFP Board through a survey, claims that about 97% of Americans agree that the financial professional who provides one-time recommendations or other one-time advice about retirement investments should be required to act in their client’s best interest, including rollovers. … Continue reading →

Jay Leno had better ratings than David Letterman. Avatar drew more money than Black Panther. PC outsells Mac. Popularity doesn’t mean better. It never has, it never will. So if a potential plan provider will tell you how big or … Continue reading →

People will say that when it comes to retirement savings, the glass is half empty. I see it as half full. According to Vanguard, a record-breaking 43% of participants raised their rate of salary deferral into retirement savings. People will … Continue reading →

Modern Wealth Management acquired Beltz Ianni & Associates’ advisory business and their third-party plan administration services, Enhanced Retirement Solutions, which will be rebranded to Modern Wealth Business. The move is the 6th acquisition for Modern Wealth since its founding in … Continue reading →

The Department of Labor (DOL) has sued Paul Palguta, the owner of RiversEdge Advanced Retirement Solutions LLC, a third-party administrator for embezzlement of plan assets. RiversEdge’s retirement plan clients had agreements with the TPA, allowing Palguta and RiversEdge to execute … Continue reading →

Hub Retirement and Private Wealth, a division of Hub International Ltd., announced the launch of HUB Retirement Select PEP, a pooled employer plan (PEP) designed for theiur clients with less than 100 employees seeking to offer 401(k) retirement plans. Sallus … Continue reading →