Are PEPs Just a Passing Fad?

The long-awaited pooled employer plan legislation in SECURE 1.0 has been predicted by some to have the same profound effect on the defined contribution industry as the 2006 Pension Protection Act, which heralded auto plan features. But the move to PEPs has been slower than many expected though it is still early and there are some promising signs.

So will PEPs revolutionize 401(k) plans like auto features or will they just be another option that a limited number of employers, providers and distributors deploy?

Continue Reading:?Are PEPs a Panacea or a Passing Fad for 401(k) Plans?

Top Stories of the Week

Financial advisors play a crucial role in helping high-net-worth clients achieve their philanthropic goals through effective charitable planning. But charitable giving is a complex and highly personal decision – and you likely have many questions when it comes to the latest tax-efficient strategies and charitable giving vehicles available to effectively advise your clients.

Register now to join us for the latest installment in our Ask the Experts Webinar Series as we provide a brief update on the charitable giving trends and issues wealth advisors and planners need to know about now, and answers to your pre-submitted questions on any charitable giving topics.

Moderator Susan Lipp , Editor in Chief at Trusts & Estates, will be joined by Christopher Woehrle, Adjunct Professor of Taxation at Villanova University Charles Widger School of Law , as well as Jeanette Suarez Hunter and Neil Kawashima , both partners at McDermott Will & Emery .

Marc Chaikin didn’t have to come out of retirement, but after watching the 2008 financial crisis unfold around him, he decided to build a technological solution. Based on a 20-factor quantitative model to generate investing ideas, the hope was to build a platform that would make managing money easy for retail investors. It all came to fruition, and the Chaikin Power Gauge was born.

In this episode, Shannon Rosic, director of WealthStack content and solutions, speaks with Wall Street legend Marc Chaikin, founder of Chaikin Analytics, about his market predictions and why he believes growth in the economy is going to come in the sectors that are involved with productivity.

Listen to this episode now!

The 2023 Industry Awards finalists have been announced!

A record-breaking number of nominations was submitted for the 9th Annual Industry Awards – over 1,000 entries were received from more than 400 companies. Two hundred fifty-three organizations were selected as finalists in one or more of the firm or individual categories in this year’s awards program.

The Industry Awards program was expanded in 2023 to recognize organizations who are pioneering innovation in platforms for advisor support and investing, as well as direct indexing, securities-based lending, marketing automation and retirement income.

See the full list of finalists! We hope you’ll join us on September 7, 2023 at the Ziegfeld Ballroom in New York City as we announce the winners.