The View from the (DOL) Trenches

'“Many of the broker-dealers are still searching for a light switch in a dark room,” said James Lumberg of Envestnet, who, with Jeff Schwantz of Morningstar and Arjun Saxena of PwC, explained to asset managers in Boston how the DOL rule is impacting their distributors.

‘Smart,’ from UK, Enters the US PEP Market

'Smart' is the recently-launched American branch of a British fintech with expertise in a kind of retirement savings plan that's called a 'master trust' in the UK and a 'pooled employer plan' or PEP in the US. RIJ interviewed two of its top executives.

Research Roundup

Almost every controversial subject in the US today--from Fed policy to machine learning to immigration--contains an element or theme related to retirement policy. The articles reviewed in this month's Research Roundup are proof of that.

‘iTDFs’ Smooth the Bumps of Retirement Income

A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.

Big Danger at the Lower Bound

'There may not be enough time before the next deep recession to lay the groundwork for effective negative interest rate policy or to phase in a higher inflation target. But that is no excuse for not starting to look hard at these options,' writes the Harvard economist.

Anecdotal Evidence: How to Charm a Client

When dealing with your HNW clients and prospects, success depends less on performance or fees than on solving clients’ problems and simplifying their complex lives.

A new robo-advice solution from TD Ameritrade

'Essential Portfolios' costs 30 basis points (0.3%) per year. Each of the five model portfolios consists of non-proprietary ETFs and cash with weighted average expense ratios of 0.06% to 0.08%.

Strategic Insight buys BrightScope

The acquisition of BrightScope, founded in 2008 by Ryan and Mike Alfred, follows Strategic Insight’s recent acquisition of Market Metrics and Matrix Solutions.