The Trust Company of Tennessee has modernized its corporate retirement services support via the SS&C Retirement Recordkeeping platform from SS&C Technologies, officials say. “The Trust Company of Tennessee provides recordkeeping, administration, and advisory services to businesses and organizations offering retirement plans. The platform upgrade enables retirement plan sponsors to deliver retirement and wealth management services… Read More >>
Trump’s EO Could Shake Up 401(k) Portfolios
Financial planning managers for retirees and others might get the green light and new guardrails from federal officials, helping them include alternative assets, such as private equity, real estate, and digital assets, in 401(k) portfolios, as President Donald J. Trump recently signed an executive order (EO) to that effect. “More than 90 million Americans participate… Read More >>
BB&T Securities Settles SEC Charges of Misleading Clients
BB&T Securities and the SEC have settled charges that a firm acquired by BB&T’s parent company allegedly misinformed advisory clients that they were getting discounted full-service brokerage services internally “while significantly less expensive options were available externally,” according to the SEC. Ultimately, the agreement requires BB&T Securities to return “more than $5 million to retail… Read More >>
