Blog 4 Columns

Introduction of robots is a new trend in many industries, economies and businesses. Thanks to the working force optimization, business owners intend to increase gradually their profit by diminishing expenses.

Best Ways To Approach Your Prospect Online

Svetlana Patokova

15 Sep 2021

When people are marketing online, those trust-building factors are entirely absent. Not only that, but prospects tend to be more cautious online, in order to avoid being scammed or hacked. So, from the outset, online marketing is an uphill struggle.

What 401k Plan Sponsors Need to Know About the Investment Policy Statement

Gennady Prokofyev

13 Sep 2021

An Investment Policy Statement is a document signed between a portfolio manager and a client that describes general rules, restrictions, and investment structures for the management.

Introduction: Why MEPs and PEPs are the Plan of the Moment

Alexandr Starodubtsev

03 Sep 2021

Do you know that only 53 percent of employees at small businesses have retirement planning options? Now, if we consider the fact that there are 5 million to 6 million companies in the U.S. and just 650,000 defined contribution plans, it becomes obvious that saving for retirement is a big issue in America that needs to be resolved.

Does your Retirement Plan have Automatic Enrollment?

Tatiana Novosiltseva

31 Aug 2021

According to a recent study “Automatic enrollment: The Power of the Default” by Jeffrey W. Clark and Jean A. Young from Vanguard, automatic enrollment not only triples the participation rate of new workers but also causes a significant proportion to raise their deferral rates over time.

The New SEC Enforcement Director: Gurbir Grewal

Jack Block

26 Aug 2021

Within a month of Gurbir Grewal stepping into his new role as the SEC enforcement director, he has already begun to ruffle a few feathers – by fining 27 firms for failing to file the Customer Relationship Summary (CRS) with the SEC. The CRS was put into place a year prior to Grewal’s instatement this July.

New SEC Enforcement Chief to Bring Wider Net to the Reg BI Rule

Gennady Prokofyev

23 Aug 2021

The existing Reg BI rule is not yet a fiduciary standard, but SEC enforcers still refer to it when investigating potential violations in regards to fiduciary activities and relations between clients and advisors.