Browsing Tag
401(k) Advisors
333 posts
A 401(k) advisor is a financial professional specializing in employer-sponsored retirement plans, specifically 401(k)s. They guide plan sponsors (employers) in various aspects, including plan design, investment selection, employee education, and ensuring compliance with regulations like ERISA. They also help plan sponsors fulfill their fiduciary responsibilities.
Target-Date Twist in Latest 401(k) Fee Lawsuit
Yet another high-fee/fiduciary-fail lawsuit has been filed in the ongoing tort-lawyer Gold Rush involving 401(k)s. This time, Fujitsu…
What’s a ‘Hybrid’ 401(k) and Why Is It So Popular?
Cash balance plans, those quirky—and increasingly popular—defined benefit/401(k) hybrids, saw a 19 percent annual increase and a rise…
Disney Sued as 401k Returns Magically Disappear
Oh, come on! Now they’re going after Mickey? “The Happiest Place on Earth” is a little sadder today with…
401(k) Audits Skyrocket in Past Two Years
What’s eating at employers? 401(k) plan sponsors rank investment volatility, benefit costs and regulatory compliance as their top…
American Century Sued By Employees Over 401(k) Plan
Transamerica, Ameriprise Financial, MassMutual and now American Century. Financial services and mutual fund companies are increasingly the targets…
‘401(k)-Like’ Plans in Higher Education: A Growing Opportunity
Smarty-pants professors might benefit from a “401(k)-like plan,” research from Cerulli Associates finds, further opening defined contribution plans—or…
MassMutual Expands 401(k) Market Presence with Metlife Advisor Purchase
The industry awoke to hangovers, spent fireworks and MassMutual’s acquisition of MetLife’s U.S. retail advisor force—the MetLife Premier Client…
401(k) Advisor Prospecting: Today’s Best Tools and Resources
Marketing is the lifeblood of any 401(k) business. It’s the voice that promotes you, your company, and your…
Hillary Clinton’s Big, Bad 401(k) Brexit Behavior
It’s an election year, and we’re not naïve—but it would be nice if just once (once!) politicians didn’t…
M&A Alert! Guardian Sells 401(k) Business to Ameritas
Guardian gets out (of the 401(k) business—that is). Lincoln, Nebraska-based Ameritas Life Insurance announced Thursday that it has signed…