Recordkeeping Archives - 401k Plan Optimization, Compliance, Investment & Partners

The Evolution of Retirement Plan and Record Keeper Relations

By Fred Barstein / 401k News, Adaptability, Changing dynamics, Changing Recordkeepers, Client connection, competition, Compliance, Convergence, Convergence & Advisor M&A, DC Plan Sponsors, DC plans, Digital Tools, Emergency Savings, Fiduciary, Financial Advisors, Financial Wellness, Recordkeeping, Regs and Regulators, Retirement Income

The relationship between retirement plan advisors and their provider partners, especially record keepers, is changing driven by consolidation and the convergence of wealth, retirement and...

Why Retirement Plan Advisor Due Diligence is so Critical Now

By Fred Barstein / 401k News, Adaptability, Benchmarking & Monitoring Fees & Partners, Benchmarking Fees, benefit education, Changing dynamics, Communication, DC Plan Sponsors, DC plans, fee transparency, Fiduciary, Financial Advisors, Financial Wellness, Recordkeeping, Retirement Happiness, Retirement Plan Advisor Due Diligence

Anatomy of a Recent RFP When the benefits administrator at an $80 million plan contacted TPSU (The Plan Sponsor University) recently about conducting due diligence...

In-Plan Retirement Income: Opportunities, Challenges & Solutions

By Fred Barstein / 401k rollovers, Benchmarking & Monitoring Fees & Partners, Convergence, Convergence & Advisor M&A, Effects of Compound Interest, Fiduciary, Financial Advisors, Financial Wellness, Financial Wellness, participation, personal financial advice, Plan Participation, Record Keepers, Recordkeeping, Retirement Income, Retirement Plan Committee, Retirement Readiness, T.Rowe Price

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The defined contribution (DC) industry has been working for decades to offer in-plan retirement income solutions, but uptake remains slow. Data from the PSCA indicates...

T. Rowe Price Enhances RPA Support in the 401(k) Market Amid Wealth and Retirement Convergence

By Fred Barstein / 401k RealChat, Adaptability, AI, Authenticity, Changing dynamics, collaboration, Communication, Convergence, Convergence & Advisor M&A, DC plans, Financial Advisors, Investments, Partners, Recordkeeping, Retirement Income, Retirement Plan Advisor, Retirement Plan Advisory Deals

T. Rowe Price Enhances RPA Support in the 401(k) Market Amid Wealth and Retirement Convergence In the final part of the 401(k) Real Chat series,...

Key Considerations for Record Keeper Partnerships

By Fred Barstein / 401k News, 401k RealChat, Changing dynamics, Changing Recordkeepers, Client connection, Communication, Consolidation, Convergence, DC plans, fee compression, Partner Video, product quality, Record Keepers, Recordkeeping, Regs and Regulators

Key Considerations for Record Keeper Partnerships In the latest episode of 401(k) Real Chat, Fred Barstein, CEO of TRAU, TPSU and 401kTV, continues the discussion...

RPA Aggregator Roundtable: Navigating a Radical Shift in Retirement

By Fred Barstein / 401k News, 6th Annual RPA Broker/Dealer Roundtable, Adaptability, AI, artificial intelligence, automation, Benchmarking & Fees (ERISA, retirement plan), Changing dynamics, Communication, Digital Tools, education, evolving and adapting, Fiduciary, Financial Advisors, financial literacy, financial wellness, Governance, Investments, Recordkeeping, Regs and Regulators, Retirement Income, RPA Aggregator Roundtable

At the seventh annual RPA Aggregator Roundtable, industry leaders tackled a transformative shift in the retirement space driven by three major trends: Scaling Advice: With...

The Evolving Relationship Between Advisors and Record Keepers: A Conversation with Mike Shamburger of T. Rowe Price

By Fred Barstein / 401k News, 401k RealChat, acquisition, Adaptability, Benchmarking Fees, Changing dynamics, Changing Recordkeepers, Communication, Consolidation, Convergence, DC plans, Fiduciary, Financial Advisors, financial literacy, Financial Wellness, Record Keepers, Recordkeeping, Retirement Advisory

In a recent episode of 401(k) Real Chat, Fred Barstein, CEO of TRAU, TPSU, and 401KTV, interviewed Mike Shamburger, Head of Core Markets and...

Annual Benchmarking Is a Must for Plan Sponsors

By Fred Barstein / 401k News, auto enroll, auto escalate, Auto Portability, Benchmarking & Fees (ERISA, retirement plan), Benchmarking & Monitoring Fees & Partners, Benchmarking Fees, Benchmarking Funds, Benefits integration, Communication, Compensation, Compliance, Consolidation, Convergence, cybersecurity, DC Plan Sponsors, Documents & testing, Due Diligence, Fiduciary, Fiduciary, Financial Advisors, Financial Wellness, investment, Recordkeeping, Regs and Regulators, Retirement Committee, Retirement Plan Fees

Evolving regulations mean plan sponsors continue to face increasing scrutiny when it comes to their fiduciary responsibilities. A recent analysis of 50,000 retirement plans in...

Convergence and Competition: Redefining the Future of DC Plans

By Fred Barstein / 401k News, artificial intelligence, Benchmarking & Monitoring Fees & Partners, benefit education, benefits committee, Communication, Compliance, Consolidation, Convergence, DC plans, DOL, fee transparency, Fiduciary, Financial Advice, Plan Optimization, recordkeeping, Recordkeeping, Retirement Committee

The convergence of wealth, retirement, and benefits at the workplace is shedding light on both the strengths and vulnerabilities of the defined contribution (DC) system. ...

Thinking about Changing Recordkeepers? Consider These 6 Factors

By Fred Barstein / 401k News, Adaptability, adult learning, benefit education, Changing Recordkeepers, Client connection, Communication, DC Plan Sponsors, Digital Tools, evolving and adapting, Fiduciary, Financial Wellness, Improving Outcomes, recordkeeper consolidation, Recordkeeping, recordkeeping, Regs and Regulators, Retirement Committee, Retirement Plan Fees

If you’re considering changing retirement plan service providers, now may be a good time to do so. That’s according to Chris Carosa, CTFA, who penned...