T. Rowe Cuts Fees on TDFs, Plans New Lineup
By Janet LevauxThe resulting asset-weighted average fee reduction is 6.3 basis points for its TDFs and 4.8 basis points for TDF trusts.
May 21, 2021
Biden Orders DOL to End or Revise Rules Limiting ESG InvestmentsThis is one of several directives in a wide-ranging executive order addressing the government's response to climate change.
May 21, 2021
BNY Mellon U.S. Master Trust Universe Posts 2.5% Q1 ReturnEndowments continue to outperform other types of plans, BNY Mellon reported.
May 21, 2021
Treasury Calls for Crypto Transfers Over $10K to Be Reported to IRSBusinesses receiving Bitcoin and other crypto assets valued at over $10,000 would need to report these transactions, as they do now with cash, the department proposes.
May 21, 2021
Could Climate Change Wipe Out the U.S. Financial System?A new Biden risk-assessment effort could affect life insurance and annuity issuers.
May 21, 2021
Carson Group Launches Free Online Diversity Course for AdvisorsHighlights of the new course are videos featuring diversity and inclusion experts including Sonya Dreizler, as well as a DEI toolbox.
May 21, 2021
Why Direct-Sold 529s Are Better Than Advisor-Sold Plans: MorningstarAdvisor-sold 529 plans can include 12b-1 fees. Morningstar isn't a fan.
May 21, 2021
OneAmerica Adds Two Regional Sales VPs: Personnel MovesZipari also has two new executives, and Manulife has a new asset manager.