Amid the pandemic, many plan advisers are focusing more on customer service, and the shift to working with clients remotely is likely to accelerate
The company failed to monitor plan fiduciaries' handling of investment and record-keeping fees, the judge wrote
Unless clients are in dire circumstances, tapping retirement assets now is a losing strategy
Meanwhile, the Social Security Administration is scaling back its hotline hours amid a flood of phone calls
Retirement plan sponsors might change their views on risk, especially for participants near retirement
The $2.2 trillion stimulus package makes retirement assets easier to access, but participants should proceed with caution
The $2.2 trillion bill will boost unemployment benefits and small-business loans, but some advisers said that might not be enough
The lawsuit had charged university representatives with failing to negotiate a better deal for the participants in its retirement plan
As unemployment claims hit an all-time high, companies are considering ways to cut costs
Retirement plan sponsors are seeking to reduce costs as they struggle to deal with the pandemic
The final measure also makes it easier to withdraw funds from retirement accounts in an emergency
People with retirement accounts have seen losses through no fault of their own and they need a helping hand
The likelihood that people will file for benefits sooner amid a downturn and the possible decline in payroll tax revenue could put pressure on the Social Security trust fund
The market dive is likely to result in more early withdrawals and borrowing from retirement plans, particularly by people who don't have access to financial advice
Many investors who have lost money during the pandemic are seeking out financial advice for the first time
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Programs will remain viable but will take longer to build assets as gig workers and small businesses struggle to stay afloat, leaders said
The Financial Planning Association has launched a directory of CFPs who are volunteering their services
Financial industry also pushes for temporary waiver on required minimum distributions
Advisers need to watch for administrative errors on the part of financial institutions, though
