Defined Contribution

The DOL is likely to hold broker-dealers who chase IRA rollovers to the same fiduciary standards that retirement advisors must meet.

Regardless of which political party prevails in next months midterm elections, Democrats and Republicans alike understand that one way to fatten the governments wallet is by cutting retirement tax incentives.

Combined, Verisight and Newport provide retirement services to 900,000 participant accounts, totaling $100 billion in assets.

Critics say SBDAs present unnecessary risk for participants because fiduciaries are not engaged in the review of the investments selected.

Markets rise and fall. We know that. But do we need a better argument for closer regulation of self-directed brokerage accounts in 401(k)s than the decline in the Dow over the past month?

A government takeover will have devastating consequences not only to the industry itself, but to the average American worker.