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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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DWC ERISA Consultants LLC
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July Business Services
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The Pension Source
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Nova 401(k) Associates
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EPIC RPS
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Defined Benefit Specialist II or III Nova 401(k) Associates
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Merkley Retirement Consultants
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4 Matching News Items |
| 1. |
Fred Barstein in InvestmentNews
Apr. 7, 2021
"The problem is largely a result of the multivendor systems common in teachers’ supplemental retirement plans. Brokers descend on unsophisticated teachers at work and sometimes at home, mostly offering high-priced annuities."
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| 2. |
Fred Barstein in InvestmentNews
July 29, 2021
"What is the value of an adviser to record keepers? The overwhelming answer is that advisers sell the plan. They represent a sales force of almost 300,000 with personal relationships with plan sponsors. Providers do not have to recruit, manage or pay these advisers directly. Everything else is ancillary."
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| 3. |
Fred Barstein in InvestmentNews
Oct. 15, 2020
"The average U.S. financial adviser is 52 years old, with 37% expected to retire over the next 10 years ... Less than 10% of advisers are under 35, with a third between 55 and 64. Who will replace them?"
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| 4. |
Fred Barstein in InvestmentNews
Jan. 3, 2020
"The accepted wisdom among the retirement plan adviser intelligentsia is that Triple F advisers, those focused on fees, funds and fiduciary, are passé at best and dangerous at worst. Some elite plan advisers self-righteously proclaim that we must shift the focus to improving participant outcomes. But few have changed their business models to reflect this new focus, and even fewer have put their money where their mouth is."
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