Investment Advice To 401 K Participants

DOL ISSUES FINAL REGULATIONS FOR ERISA’S INVESTMENT ADVICE ...
Directed retirement plans, such as many 401(k) plans, provide such education to plan participants. Investment advice has traditionally been provided by financial-services companies that offer retirement plan services; however, because ERISA ... Read More

About Experts Sitemap - Group 43 - Page 43 2012-08-30
Brumbaugh, willard: Dear Rene, Questions: Your date of birth? Still employed by the 401(k) sponsor? If so, whom? State you live in? Your assume fiduciary responsibility over the participants funds in for someone at some time. I do make investment advice. That advice is that ... Read Article

ERISA Section 408(b)(2) Fee Disclosures: Impact On Broker-Dealers
Fee disclosures for plan sponsors Participant-level fee disclosures Participant investment advice Proposed Rulemaking DOL Interaction with White House Working with White House’s Middle Class Task Force Coordinated actions to improve retirement security * 401(k) advice to participants. ... Doc Viewer

Madoff investment Scandal - Wikipedia, The Free Encyclopedia
They called a friend for advice, Martin Flumenbaum, a lawyer which was subsequently disclosed on March 13, 2009 in a court filing. Madoff had no IRAs, no 401(k), no Keogh plan, no other pension plan and no annuities. See Participants in the Madoff investment scandal: ... Read Article

Tim Chapman, CEO Of Stadion, Speaks To UGA Students - YouTube
Which brought Stadion's 'win by not losing' investment strategy to 401(k) plan participants nationwide. Stadion now manages account services and investment funds for more than 100,000 401(k) Whats the best 401k advice?: ... View Video

401 Wellness Scorecard
Offering Advice Access ADVICE ACCESS is an investment advisory service that offers personalized, unbiased savings and investment recommendations — rebalancing service that helps 401(k) plan participants choose ... Content Retrieval

Five Brutal Years Teach Investors To Sit Tight
Five short, mostly brutal, years ago, Henry Blodget made what I think is the best call of his career. In a candid series for Slate , the former stock analyst ragged on the Wall Street marketing and fee machine that he once cogged, urging readers to “invest in a low-cost equity index fund for 50 years. ... Read News

Great-West Retirement Services Rolls Out SM Managed Accounts ...
Investment guidance and advice to its 4,000-plus Key 401(k) plans. participants select the level of investment advice and planning assistance they desire. Fees vary based on the service selected – ranging from no charge for online assistance to a ... Document Viewer

Our Ref. No. 93-212-CC Trust - U.S. Securities And Exchange ...
Investment advice to the limited partners as a group, rather than to the limited partners individually. See Investment It is expected that Employee Participants in 401(K) Trusts will typically be permitted under the terms of their respective ... Get Content Here

Client Action Bulletin 11-12: DOL Issues Final Rule On ...
DOL Issues Final Rule on Providing Investment Advice such as bundled service providers may furnish investment advice to participants in employer-sponsored 401(k) and similar defined contribution plans without running afoul of ERISA’s ... View Doc

PSCA RELEASES 54th ANNUAL SURVEY OF PROFIT SHARING AND 401(k ...
Nearly 25 percent more participants made Roth 401(k) deferrals in 2010 when offered the option. Investment advice is offered by 57.6 percent of respondent companies. 22.3 percent of participants used advice when it was offered. Loan Availability ... Fetch Content

401(k) Fatigue A Common Complaint Among Employees
Record 22 percent of all 401(k) participants have an outstanding loan on their account. • Consider investment advice. Fewer than half of large plans offer online investment advice, and about one-quarter offer managed accounts. ... Fetch Document

Summary Of Investment Advice Regulations
401(k) plans, and to owners of IRAs. The regulations interpret the statutory prohibited The prohibited transaction rules apply to investment advice provided to participants in ERISA-covered individual account plans as well as advice provided to ... Get Document

STAYING AHEAD OF THE CURVE: FIDUCIARY ISSUES, 401(k) FEES AND ...
Hidden 401(k) Plan Fees and Expenses Complaint alleges that Principal is a fiduciary by virtue of providing investment advice to plan participants and that it committed violations of Sections 406(b)(1) and 406(b)(3) of ERISA by ... Access This Document

401(k) Contribution Activities
Investment products: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value – 2% increase in plan participants using Advice Access, and 3% increase in sponsor adoption of 401(k) advice services ... Get Doc

Council Position
Of advice to participants by that plan’s advisor(s) at the time of a distributable event. About the Council 5 Moore, Kathryn L., Regulating Investment Advice for 401(k) Plan Participants: Is More Advice the Answer? (February, 08 2011). ... Access Full Source

Education And Advice Under ERISA For Employee- Directed 401(k ...
Of 401(k) plans. Under this type of plan, they could provide investment education to plan participants without running afoul of ERISA fiduciary rules and the Advisers’ Act. investment advice. under ERISA, the consequences of providing it to plan ... Return Document

Dig Deep When Using Target-Date Funds
As of March 2012, nearly 25 percent of all 401(k) participants were invested in a target-date fund as their only investment holding. This represented a six-fold increase in six years according to Vanguard via research for plans they manage. Their research went on to say that 64 percent of new plan participants entering a plan for the first time contributed 100 percent to a single target-date fund. ... Read News

Identifying And Mitigating Fiduciary Responsibility For ...
Distribution and loan modeling, online calculators for comparing deferral options, investment advice and education services on deferral options.22 401(k) plan participants better understand what they’re paying for, but complying with these ... Doc Viewer

Individual Account Investment Options And Portfolio Choice ...
An implicit form of investment advice (i.e., the “endorsement” effect proposed by Benartzi (2001)). on 401(k) plan participants’ asset allocations: Preliminary findings, Working Paper, Investment Company Institute and Temple University. ... Content Retrieval

401(K) PLANS April 2012
Industry and the expectations of plan officials and participants who receive investment advice by reducing the number of conditions that need recognize that 401(k) plan participants generally make investment decisions for their own accounts and ultimately pay the vast majority of ... View Doc