6+ day, 5+ hour ago  (600+ words) planadviser The technical release addresses a question raised by businesses and benefits professionals ahead of the Department of the Treasury's planned July 4 rollout of the children's investment accounts. According to the guidance, Trump Accounts, also called 530 A accounts after the…...

6+ day, 5+ hour ago  (429+ words) The standards board set a 60-day comment period for stakeholders to provide feedback on the proposal. The Financial Accounting Standards Board last week issued an'exposure draft'of a proposed accounting standards update that would change how certain market-based cash balance plans…...

6+ day, 5+ hour ago  (413+ words) Morningstar Investment Management LLC'announced that its Morningstar Wealth division is working with Apollo Global Management Inc. , Franklin Templeton Investments and J. P. Morgan Asset Management Holdings Inc. to launch a suite of public and private model portfolios that give financial advisers access…...

6+ day, 13+ hour ago  (549+ words) More than 90% of wealthy Americans surveyed believe longevity is a key factor in how they plan their finances. "While awareness around longevity and multigenerational planning is high, the foundational elements often aren't fully in place," wrote Katie Carlson, Bank of…...

6+ day, 6+ hour ago  (435+ words) Experts say defined contribution plan advisers and sponsors should build portfolios "like an institution." While there is not an exact timeline for when the Department of Labor will release its final rule on alternative assets, industry experts say defined contribution…...

6+ day, 6+ hour ago  (570+ words) planadviser Guaranteed income can be a key element to reducing asset depletion in retirement, according to a report by the nonprofit'Employee Benefit Research Institute. Using data from the RAND Corp. s Health and Retirement Study, stretching from 1992 through 2022, including 12, 540 retired…...

4+ mon, 3+ week ago  (554+ words) The legislation is likely to face Democratic opposition." The Senate Committee on Agriculture, Nutrition and Forestry advanced'on a party-line vote during a markup hearing on Thursday'its version of legislation that would create a regulatory framework for digital assets. The bill,…...

1+ week, 12+ hour ago  (712+ words) Morningstar reported that semiliquid funds contain nearly $600 billion in net assets, as of March. While private markets continue to make waves in retirement plans and long-term investment trends, semiliquid funds are gaining market share as well, but lag in defined…...

1+ week, 1+ day ago  (321+ words) The insurance company asked an Ohio federal judge to consider a recent appeals court ruling against class status in ERISA cases. Nationwide Mutual Insurance Co. has asked a federal judge in Ohio to revoke the class certification of the plaintiffs…...

1+ week, 1+ day ago  (307+ words) Crain will provide original research and thought leadership for the combined registered investment advisory and wealth management firm. Open Arc Corporate Advisory LLC announced Monday that Kevin Crain joined the firm as a strategic consultant. Crain will work with Open…...