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Advisors who lead with cost savings when pitching pooled employer 401(k) plans may be underselling — and misrepresenting — the fiduciary value. For financial advisors who work with business-owner clients, the pitch for pooled employer plans has often started in the same place: lower fees. Mike Ziccardi, executive vice president of CBIZ’s Retirement & Investment…

An Amazon Web Services data center in Stone Ridge, Virginia. The state has the world’s highest concentration of data centers.Credit: Anna Moneymaker / Getty Images Key Takeaways The U.S. economy increasingly depends on the buildout of data centers, according to the Federal Reserve’s “Beige Book” report. Mentions of data centers have surged from one in…

Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index down 0.1% and the Sta PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in

U.S. financial markets reacted positively on Thursday as the Dow Jones Industrial Average surged 580 points. This movement coincided with a decline in Treasury yields and oil prices following remarks from Federal Reserve Governor Christopher Waller. Waller indicated a preference for maintaining current interest rates, provided inflation data remains favorable. This announcement appears to have…

“The conversation has evolved well beyond investments,” he said. “Historically, many employers viewed retirement plan advisors primarily through the lens of investment oversight. Today, fiduciary risk management, governance, cybersecurity, participant outcomes, fee reasonableness, and operational compliance are often taking center stage.”

When you invest in a mutual fund, the fund house incurs costs such as management fees, administrative expenses, transaction costs, and others. These are collectively reflected in the Total Expense Ratio (TER). The expense is deducted from the scheme’s assets and is reflected in its daily NAV. In other words, a higher expense ratio can…

US economic data may still be humming along, but consumer companies like Nespresso say they’ve had to try harder to convince shoppers to pony up hundreds of dollars for coffee makers. “We really know about our consumers that they’re facing pressure and impact on their wallets as gas prices rise,” said Nespresso’s US marketing chief…

Canadian Prime Minister Mark Carney said that trade negotiations between the U.S. and Canada, which he suspended on Aug. 21, will only resume “when the Americans stop doing memes, stop throwing shade, stop trying to be tough.” Credit: Reuters. Canadian Prime Minister Mark Carney said that trade negotiations between the U.S. and Canada, which he…

Kentucky Gov. Andy Beshear has asked President Donald Trump to end the trade war with Canada that is impacting some of the state’s most prominent industries. On Aug. 22, Trump issued a 50% tariff on $27.6 billion of Canadian goods. The country’s northern neighbors retaliated by issuing a similar tariff that will go into effect…

KING OF PRUSSIA, PA / ACCESS Newswire / September 3, 2026 / For decades, Americans have embraced employer-sponsored retirement plans as the cornerstone of their retirement savings. Whether it’s a 401(k), 403(b), 457 plan, or the federal government’s Thrift Savings Plan (TSP), these accounts have helped millions of workers accumulate the assets they’ll eventually depend…