As the new Fiduciary Rule has been open for public comment, many across the financial services industry have weighed in on the pros and cons of the proposed legislation. Francis provides the Firm opinion on how the new Rule can actually change the industry for the better; placing the best interests of investors ahead of the interests of industry players.
Category: Expert View
Stable Value vs. Money Market
Most U.S. retirement plans offer participants an investment alternative designed to provide capital preservation. Both money market and stable value funds fit this objective as they allow invested capital to remain daily liquid, earn a market-determined rate of interest, and remain at a fixed net asset value (NAV). While these two investment products serve the… Continue reading Stable Value vs. Money Market
More Updates to the CARES Act and Good News for Safe Harbor Plans
Two recent (IRS) Notices further clarified provisions of the CARES Act, specifically, participant loans and Required Minimum Distributions (RMDs).
