401(k) Episode 131: November 27, 2024

Welcome to this week’s edition of 401(k) Real Talk, where Fred Barstein, contributing editor for WealthManagement.com’s RPA channel, reviews all of last week’s industry news and selects the five most important/interesting stories.

1. DOL provides guidance on use of AI
2. House investigates DOL practice of sharing information with plaintiff’s attorneys
3. DOL begins collecting info for lost and found database
4. How 401(k) record keeper consolidation is helping RPAs grow

POLL: Advisor Managed Accounts create significant conflicts of interest for advisors that are paid extra for that service.

Worth reading/listening/noting:

1. Pontera, Oppenheimer partner to enable their advisors to manage clients’ 401(k)s
2. Texas governor directs all state agencies to divest from China
3. End of year tasks for 401(k) plans
4. NAGDA’s guide to governmental DC plans

Read the transcript