Welcome to this week’s edition of 401(k) Real Talk, where Fred Barstein, contributing editor for WealthManagement.com’s RPA channel, reviews all of last week’s industry news and selects the five most important/interesting stories.
1. US Supreme Court emasculates agencies’ power www.pionline.com/regulation/s...
2. Fisher’s 401k division to spin off Fisher Investments to Spin Out $4.75B 401(k) Business (wealthmanagement.com)
3. Retirement income middleware provider raises capital www.businesswire.com/news/hom...
4. Record keeper turnover increases 12% escalent.co/news/ma-activity-...
5. The future of 401(k) managed accounts www.wealthmanagement.com/rpa/...
Worth reading/listening to:
1. NEPC questions whether the value of managed accounts justifies the cost www.nepc.com/the-real-roi-ana...
2. Largest TDF providers continue to dominate www.pionline.com/defined-cont...
3. Schroeders study highlights top issues for retirement savers www.investmentnews.com/retire...
4. SPARK & Vanguard to host SECURE 2.0 workshop www.planadviser.com/spark-hos...
5. What role does AI play in ERISA lawsuits? www.plansponsor.com/ais-role-...