5 Articles for the Financial Advisor Weekend Reading List: December 8-9, 2018

 

Here are five suggested articles for financial advisors to read this weekend:

1. The Latest In Financial Advisor #FinTech (December 2018) – Welcome to the December 2018 issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management!

2. 401k Fiduciary Lawsuit Highlights Fee Benchmarking – 401k Fiduciary Lawsuit concerns are driving behavior and practices among Retirement Plan Committees.  Fiduciary responsibility is something employers should be hyper-vigilant about since we are noticing more 401k Fiduciary Lawsuits.

3. How to Really Reach Younger Investors and Plan Participants – Younger savers aren’t convinced of the value provided by financial advisors, opting instead for self-directed brokerage accounts, yet are more financially responsible than they get credit for accounts.

4. Can ERISA Plans Require That Fiduciary Claims Be Arbitrated? Should They? – This article focuses on ERISA fiduciary claims— those brought under ERISA §502(a)(2) or §502(a)(3) alleging breaches of the duties of prudence or loyalty as well as prohibited transaction claims.

5. IRS Provides Do-Over for 403(b) Plans Not Following Once-In-Always-In Condition – The IRS has issued Notice 2018-95, which provides transition relief from the “once-in-always-in” (OIAI) condition for excluding part-time employees from 403(b) plan eligibility under Section 1.403(b)-5(b)(4)(iii)(B) of the Treasury Regulations. 

Leave a Reply

Your email address will not be published. Required fields are marked *