TITLE

New political winds put investment advice regs on hold

PUB. DATE
April 2009
SOURCE
Employee Benefit News;4/1/2009, Vol. 23 Issue 4, p39
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on regulations issued for the provision of investment advice to participants in 401(k) plans and individual retirement accounts by an unbiased computer model and by financial services firms that act as fiduciaries. It is reported however, that the administration of U.S. President Barack Obama has held off implementation of the regulations for a reopened comment period. The regulations' compliance requirements being viewed as burdensome by some financial firms is also noted.
ACCESSION #
37293225

 

Related Articles

  • Pilot to copilot: 401(k) plan sponsors may require co-fiduciary consultant. Sturmak, Bud // Employee Benefit News;4/1/2009, Vol. 23 Issue 4, p40 

    The article focuses on the possible need for an independent fiduciary consultant in 401(k) plans. Proper management of plans is reportedly never an easy task for plan sponsors because it requires a specialized understanding of the subject. It is stated that forthcoming legislation will require...

  • Dignifying Retirement. Mintzer, Alison Cooke // Plan Sponsor;Sep2012, p2 

    The author contends that helping Americans retire with dignity may mean plan sponsors optimizing their companies' retirement plans. One way to do this is allegedly through re-enrollment. While re-enrollment improves the investment allocation for employees, it reportedly fails to address the...

  • Don't panic about losses in your 401(k), here's why. Miniter, Paulette // Inside Tucson Business;2/9/2009, Vol. 18 Issue 37, p22 

    The article focuses on the issues concerning the 401(k) in the U.S. It provides information on the reasons why an out-of-work Americans who has a 401(k) should not worry about the losses of their retirement funds. According to the author, the funds probably are not too far away from getting back...

  • Employees get access to invest 401(k) in open market.  // Long Island Business News (7/1993 to 5/2009);05/18/2001, Vol. 48 Issue 20, p4B 

    Reports on the rising number of companies that are providing their employees with the option of investing 401(k) money in thousands of mutual funds and individual securities rather than the typical, slim menu of mutual funds. Impact of the Internet on the financial services industry; Benefits...

  • 401(k) plans dabble in real estate trusts. Williams, Fred // Pensions & Investments;3/9/1998, Vol. 26 Issue 5, p4 

    Focuses on 401(k) plans in real estate investing in the United States. Information on plan sponsors adding real estate; Comments from Kathy Guthormsen, benefits and risk manager at Autodeck; Details on the REIT index fund.

  • Questionable Response. Saxon, Stephen M. // Plan Sponsor;Nov2012, p21 

    The article discusses the effectiveness of the Employee Retirement Income Security Act (ERISA) to address the brokerage problem in the U.S. It mentions that the law view brokerage windows as designated investment alternatives under the disclosure regulation that covers plan participants....

  • Why contribute to a 401(k)? Thompson, Mat // Enterprise/Salt Lake City;9/8/2003, Vol. 33 Issue 11, p12 

    Focuses on the popularity of defined contribution 401(k) retirement plans in the U.S. Information on how 401(k) works; Advantages of contributing to 401(k) plans; Types of investment choices offered by 401(k) plans.

  • THE MISUNDERSTOOD FIXED ANNUITY. Green, Pamela // Life Insurance Selling;Jul2010, Vol. 85 Issue 7, p34 

    The article offers information on educating clients regarding fixed annuities in the U.S., promoted by President Barack Obama. It notes that producer must understand the product to bring the client a better value so as to have successful sales. It mentions different roadblocks for both producers...

  • Memorandum on Retirement Savings Security. OBAMA, BARACK // Daily Compilation of Presidential Documents; 

    The article presents a memorandum on retirement savings security signed by U.S. President Barack Obama on January 29, 2014. Obama directed the Secretary of the Treasury to develop a new retirement savings security and collaborate with employers, stakeholders and other federal agencies. Also...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics