|
Compliance |
SEC Commissioner Calls for Simpler Ways to Compare Investments |
Commissioner Stein also encouraged the SEC to implement “mandatory periodic disclosures about the value of investors’ 401(k) accounts to show how much income will likely be generated in retirement.”Read more > |
DOL’s Open MEP Proposal Advances Through OMB |
If the Department of Labor’s (DOL)’s proposal closely follows President Trump’s executive orders, it is likely to revise the “common nexus” and “one bad apple” rules that have held back open multiple employer plans (MEPs).Read more > |
PBGC Asks That More Information Be Added to Reportable Events Filings |
The Pension Benefit Guaranty Corporation (PBGC) is proposing in a renewal request that all reportable events filings include controlled group information, company financial statements, and the plan’s actuarial valuation report.Read more > |
|
Products, Deals and People |
Merrill Lynch Increases Personalization of Education Offerings |
Its Education Center now covers seven life priorities; it has bundled its educational resources by topics; and when participants meet with financial wellness specialists, they are given a personal consultation action checklist.Read more > |