Advisor Sales Strategies

On Wednesday, the justices were divided on the class action lawsuit on behalf of 28,000 Cornell University employees accusing the school's retirement plans of paying excessive recordkeeping fees.

"CryptoMom" Hester Peirce, who was appointed by President Trump to the SEC in 2018, will lead the new task force to develop clear rules for digital assets, encouraging compliance and reducing fraud.

Trillion dollar asset manager Northern Trust has also quit Climate Action 100+, an investor-led initiative of financial institutions, as pushback over ESG investing continues.

In addition to the $40 million Vanguard agreed to pay to investors as part of a class action suit in November, the SEC now finds that the firm did not provide retail investors accurate information about the capital gains and tax implications of a change to investment minimums.

SECURE 2.0 extended the catch-up limit for people between ages 60 and 63, but&nbsp;55% of eligible savers aren't even aware that they have this opportunity, according to a new Guideline survey.<br/>

A new Investment Company Institute national ad campaign attempts to mobilize 120 million Americans “to protect retirement savings” by urging Congress to extend the 2017 Tax Cuts and Jobs Act, set to expire at the end of 2025.