Here are five suggested articles to read this weekend:
1. Thoughts on Income and Wealth – An interview featuring Dana Larsen of Senior Finance Advisor, a website dedicated to helping individuals plan for their wealth management goals and aligning them with advisors to do so. (Getting Your Financial Ducks In A Row)
2. The Efficiency Benefits Of Niching From The Start To Launch An Advisory Firm – The article dicusses challenges that financial advisors face when starting a new financial planning practice as well as ways of achieving success from the start. (Nerd’s Eye View | Kitces.com)
3. Good Communication May Help More Participants Meet the Match – Survey after survey seems to reflect the increasing number of retirement plan participants who are taking advantage of employer matching contributions to help them save more for their post-working years. (401ktv.com)
4. Bill Would Eviscerate ERISA Protections for Small Plan Participants – The Small Business Employees Retirement Enhancement Act, introduced July 17 by Sen. Tom Cotton (R-AR), includes provisions regarding multiple employer plans (MEPs), a type of employee benefit plan that can be maintained as a single plan in which two or more unrelated employers participate – a concept that has received bipartisan support on the Hill. (asppa.org)
5. DOL fiduciary rule can cause litigation risk from beyond the grave – Although the Labor Department’s fiduciary rule died in court in June, it can still cause litigation risk for firms that changed their policies to comply with the measure. (InvestmentNews)