The SECURE Act – what you need to know for retirement

The SECURE Act – what you need to know for retirement

As you may have seen in the news recently, on December 20, 2019, the SECURE (Setting Every Community Up for Retirement Enhancement) Act of 2019 was enacted by Congress.  This legislation has been viewed by many as the next step in helping to ensure that every American...

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DOL Proposes E-Delivery Safe Harbor for Plan Sponsors

DOL Proposes E-Delivery Safe Harbor for Plan Sponsors

In August 2018, President Trump issued an Executive Order, called “Strengthening Retirement Security in America”.  The major goals of this Executive Order centered around making required retirement plan disclosures easier to understand, and to look for ways to reduce...

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Broadridge to Acquire FI360

Broadridge to Acquire FI360

One of the year’s biggest headlines in the financial services and investment advisory world recently emerged as it was announced that Broadridge Financial Solutions, Inc. (“Broadridge”) would be acquiring FI360, Inc. (“FI360”).  The acquisition, which is expected to...

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401(k) Plans Are Stronger Than Ever

401(k) Plans Are Stronger Than Ever

It’s common to see “doom and gloom” headlines regarding the retirement accounts of American workers.  While the average American has some work to do in order to get their 401(k) to an optimal point, it’s important to note the great strides that have been made...

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Top 10 Tips for Handling Market Volatility in 2019

Top 10 Tips for Handling Market Volatility in 2019

It’s no surprise that some investors were rattled by the way the stock market closed out the final quarter of 2018. How did you handle increased market volatility? If you are unsure of what you should do heading into 2019, then check out our “Top 10 Tips For Handling...

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The Conflicted Committee: A Fiduciary Fable

The Conflicted Committee: A Fiduciary Fable

Once Upon a Time… in the 1980’s to be more specific… there were a lot of hostile acquisitions of publicly traded corporations. Grumman Corporation was the target of one of these hostile take-overs; Mr. Bierwirth was its CEO. The aggressor was LTV Corporation.

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When Your Two Hats are Both Fiduciary Caps – A Fiduciary Fable

When Your Two Hats are Both Fiduciary Caps – A Fiduciary Fable

Once Upon A Time, a long, long time ago, a Northern California labor union and its participating employers established a “Pension Fund” to provide retirement benefits to union members and their beneficiaries. The Pension Fund was an employee benefit plan subject to ERISA.

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New York Life Settles Excess Fee Fiduciary Lawsuit for $3 Million

New York Life Settles Excess Fee Fiduciary Lawsuit for $3 Million

The participants in each of the New York Life Insurance profit sharing and 401(k) plans had a complaint – they found out that the S&P 500 Index Fund offered as a designated investment alternative in their plans was much more expensive than other S&P 500 Index funds in the market, and had been for six years.

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Are The New DOL Fiduciary Rules Still Relevant?

Are The New DOL Fiduciary Rules Still Relevant?

With the change in the administration, and President Trump’s statements vowing to rescind most of the federal regulations adopted during the Obama administration, it is natural to wonder if the Department of Labor’s revised fiduciary rules, which are scheduled for implementation beginning April 10, 2017, are still applicable.

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Year-End Planning

Year-End Planning

As the calendar flips from 2015 to 2016, it may be a good time to evaluate your financial situation to determine if you need to make any modifications to your financial plan.

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