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| Benefits & Administration |
| Participants in Managed Accounts Miss Out on Personalization |
| Retirement plan participants fail to provide investment managers with the requisite information to take advantage of managed accounts. “We are seeing that 50% of the participants electing to use a managed account are not providing the additional information they need in order for the provider to be able to customize the portfolio,” says Jason Shapiro, senior investment consultant at Willis Towers Watson.Read more > |
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| Products, Deals and People |
| Insurance Profile Solution From DTCC Aims for Annuity Transparency |
| Depository Trust & Clearing Corporation (DTCC) is seeking regulatory approval for a new Insurance Profile solution that will facilitate compliance with the U.S. Department of Labor (DOL) fiduciary rule. According to DTCC, the Insurance Profile service provides carriers and distributors with a centralized, automated and standardized method to satisfy disclosure requirements under the significant disclosure and conflict of interest reforms.Read more > |
