Celebrity life insurance lawsuit spotlights sales practices
NASCAR Champion Kyle Busch’s lawsuit against Pacific Life Insurance Company for $8.6 million in damages puts a spotlight on certain ...
Tag: Retirement issues
Labor Department rescinds guidance on alternative assets in 401(k) plans
The Labor Department rescinded a 2021 supplemental statement that discouraged fiduciaries from considering alternative assets in 401(k) retirement plan investment ...
FTC: Scammers increasingly targeting retirees
The Federal Trade Commission has seen a recent surge in reports of scammers pretending to be banks and other trusted ...
Trump directs agencies to explore opening 401(k) plans to crypto, alternative assets
President Trump issued an executive order directing Secretary of Labor Lori Chavez-DeRemer to explore allowing the use of cryptocurrency and ...
ABA asks IRS to delay new reporting requirement
ABA submitted a comment letter to the IRS requesting that the agency delay by 12 months the effective date of ...
Labor Department rescinds guidance on crypto and 401(k)s
The Labor Department rescinded a 2022 compliance release that directed fiduciaries to exercise “extreme care” before adding a cryptocurrency option ...
Survey: Investors don’t feel prepared for generational wealth transfer
Nearly two-thirds of survey respondents perceive preparedness for estate transitions to the next generation as very important, while only 28% ...
Outsourcing: Getting to Go/No-Go
SPONSORED CONTENT PRESENTED BY ASCENSUS “Should we outsource any aspect of our retirement plan program?” This question is increasingly being ...
ABA backs bill to expand investment options for retirement plans at nonprofits
ABA expressed its support for bipartisan legislation to “level the playing field” among retirement plans by expressly authorizing 403(b) plans ...
ABA supports bill to expand investment options for retirement plans at nonprofits
ABA said CITs are subject to the Employee Retirement Income Security Act of 1974 and must comply with federal tax ...
