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Two new Risk Alerts: Don’t Wait to Become Compliant Forgive us if you’re getting sick of reminders that Reg-BI is not being delayed by the SEC. As Luke wrote this week, the Reg-BI train can’t stop and is arriving soon, and Colin is writing so much about Reg-BI that it’s starting to come out of his ears. The reception to Reg-BI Optimizer and the E-book guide has been fantastic. Our clients see that we’re not crying wolf, and we’ll continue to bring you updates long after the June 30, 2020 compliance deadline. Two new Risk Alerts: Early April, the SEC’s Office of Compliance Inspections and Examinations (OCIE) released two Risk...

Luke St. Angelo

28 Apr 2020

The Reg BI Train Can’t Be Stopped And is Arriving Soon

With the past few months now in the rearview mirror, it’s looking more clear than ever that Regulation Best Interest from the SEC doesn’t seem to be going anywhere. There has been plenty of speculation that this regulation might not make the distance and follow the same path as its predecessor, the DOL rule. However, even through the COVID19 pandemic, this SEC rule is going strong. With the past two weeks, we additionally now know that the Democratic challenger to Trump will be Joe Biden. Anyone hoping for a change in presidential administration that would affect the new regulation can safely assume this won’t happen. Biden being the Vice President...

Colin Ward

28 Apr 2020

What Happens When Money Falls From The Sky?

The CARES ACT is not TARP CARES will help with the restart in a few ways Americans are getting $1200 this month but what about inflation? Short-run Economic Effects of the CARES ACT So…modest to say the least. Hold onto your seats, folks. It is about this time that my family and friends come to me and ask me to put my Economics degree to proper use. I am an expert snake-oil salesman taught by the best snake-oil salesmen, but sometimes a little snake-oil can help the medicine go down. Since Alexandr reviewed the CARES ACT at the beginning of April and what it means for plan participants, we are...

Daniel Satchkov

23 Apr 2020

4 Habits To Forget Fear And Seize Growth From The Jaws Of this Crisis

This is not just another post in which I convince you that the Coronavirus is a tremendous threat or that to say home is a heroic mission. No, I don't need to convince you that the Coronavirus is a real danger, and some of us were already hermit introverts.

Daniel Satchkov

17 Apr 2020

Sell Plan Sponsors From Home on Autopilot: LE PRO Registration is Open!

This is Yon Perullo of Larkspur-RiXtrema. For months we have been working on LE PRO to help you sell retirement plans on autopilot, using automated email campaigns. And with all the latest events LE PRO can grow your business better than any traditional selling techniques. Here are key points of the offer: LE PRO contains over 1.2 million decision maker contacts at plan sponsors LE PRO sends automated email campaigns to plan sponsors with a click Each email is automatically customized to highlight specific plan’s problem areas In short, this is the most sophisticated retirement plan sales tool ever devised. When crisis hits, some just focus on putting out fires...