Retireholics Live - Guest: Paul Hughes of People Help, Inc.

Friday, June 3, 2022 · 1:05:57

Show notes

Weekly 401k "show", where we discuss various things happening in or near the world of the retirement plan industry.

Headlines:

Crypto ‘Keeper Dings DOL on Crypto Compliance Assistance
Recordkeeper ForUsAll has filed suit against the Labor Department for its recent “arbitrary and capricious attempt to restrict the use of cryptocurrency in defined contribution retirement plans…”
Not surprisingly, ForUsAll has made its hay touting its retirement investment platform for small businesses as not only allowing employers to provide alternative investment options within 401(k) plans, nearly a year ago it announced a linkup with cryptocurrency platform Coinbase Institutional to offer cryptocurrency as the plan’s first alternative investment.
https://www.napa-net.org/news-info/daily-news/crypto-%E2%80%98keeper-dings-dol-crypto-compliance-assistance

FORUSALL SUES THE DOL
https://www.bloomberglaw.com/public/desktop/document/FORUSALLINCvUNITEDSTATESDEPARTMENTOFLABORetalDocketNo122cv01551DD?1654203595


ENVESTNET BUYS 401kPLANS.COM
Envestnet Bulks Up Retirement Solutions with 401kplans.com Acquisition - 401(k) Specialist
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor.
https://401kspecialistmag.com/envestnet-bulks-up-retirement-solutions-with-401kplans-com-acquisition/