Evidence of a prudent process has regularly proven to be “enough” to win at trial—but a new case found it wasn’t enough to forestall going to trial—and this from a federal judge who called the entire summary judgment exercise a “monumental waste of time.” “Here, where there are qualified experts... READ MORE

Serving as another warning that it's past time to begin complying with its amended marketing rule, the Securities and Exchange Commission (SEC) has settled charges against five registered investment advisers for what the Commission deemed as misleading advertising by the firms.   According to the... READ MORE

Nominations are now being accepted for American Retirement Association’s 2025 Board of Directors. Elected at-large members of the Board of Directors serve for one term of three calendar years. Nominees must be nominated by at least two members to be considered. Submit a nomination today! READ MORE

Well, here we are again at the end of yet another workweek … and yet, just look at what has happened to these guys and gals… In Venice, Florida, Mary Hollenback was at home when she heard banging at her front screen door…figuring it was someone at the wrong house, she got up and prepared to share... READ MORE

The White House's Office of Management and Budget (OMB) has completed its review of the Retirement Security Rule, and it is expected to be released by the Department of Labor (DOL) by the end of the month, according to reliable sources. The OMB concluded its review and removed the rule from its... READ MORE

We’re still several months away from knowing what the final Social Security cost of living adjustment (COLA) will be for 2025, but the federal government's inflation data for March has pushed the COLA estimate higher, while dampening hope for future rate cuts. According to the March Consumer Price... READ MORE

On Monday, at the NAPA 401(k) Summit in Nashville, Tenn., a workshop titled "Understanding the 403(b) Plan Marketplace for 401(k) Practitioners" featured discussions led by Nathan Glassey and Kelsey Mayo. The workshop provided plan advisors with insights into the opportunities available in... READ MORE

To address the rising U.S. retiree population, some target-date fund (TDF) providers are now integrating annuities in their offerings to combat longevity risk and provide a stream of guaranteed income—but these vehicles may not suit all investors, a new report from Morningstar suggests. Indeed, as... READ MORE

Last week, a new report claimed to find a big jump in a so-called “magic” number for retirement, based on what survey respondents said they thought they’d need. As though they’d know. It garnered quite a bit of coverage, including an article in The Wall Street Journal (and a comment from none... READ MORE

"53% of retirees in the United States go back to work either part-time or full-time," Mauro Guillén, Vice Dean at the Wharton School, told attendees of the NAPA 401(k) Summit Monday morning during a general session. Guillén emphasized that it's not just a money management issue—it's retirees... READ MORE

NAPA’s Immediate Past President, Renee Scherzer, addressed attendees during the National Association of Plan Advisors' leadership transition at the organization’s 401(k) Summit in Nashville on Sunday. Describing her time as NAPA president as a rollercoaster ride, she noted the “ups, downs,... READ MORE

On Sunday at the NAPA 401(k) Summit in Nashville, Tenn., Mike Walsh, CEO of Tomorrow, explored the transformative potential of artificial intelligence (AI) in the advisory and regulatory landscape. He emphasized the rapid advancements in AI technology and the urgent need for the retirement planning... READ MORE