Voya to serve as record keeper for two new PEPs
Unison Risk Advisors and TAG Advisors are launching pooled employer plans.
March 11, 2021
Unison Risk Advisors, a Cleveland, Ohio-based financial holding company, and TAG Advisors, a Glen Ellen, Virginia-based hybrid affiliated with Cambridge Investment Research, have launched pooled employer plans, with Voya Financial acting as record keeper for both plans.
The Unison Risk Advisors Pooled Employer Plan will deliver retirement plan services to clients, in collaboration with the company’s Oswald Financial unit as the ERISA 3(38) investment manager and Plan Compliance Services, an affiliate of The Platinum 401k, as its ERISA 3(16) plan administrator and pooled plan provider.
WILLIAMS: Tax relief for recent disaster victims mcalesternews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcalesternews.com Daily Mail and Mail on Sunday newspapers.
Feb 21, 2021
Jimmy Williams
The recent paralyzing winter storm experienced across most of the United States brought to mind a quote I read years before originated by the American oil magnate, John D. Rockefeller. He said, âI always tried to turn every disaster into an opportunityâ. I am pretty certain, based on reading his biography, that Mr. Rockefeller meant his statement for business disasters but it is just as applicable for snow storms.
Many families were caught in difficult positions of financial disaster during the recent storms. A January 22, 2020, CNBC article on financial preparedness reported â41% of Americans would be able to cover a $1,000 emergency with savings.
FINRA Suspends Broker Who Allowed Barred Father to Work With Clients FINRA claims that James Alan Schumaker allowed his father to continue working with clients, even after he was barred from the industry.
A former broker allowed his father who had permanently been barred from the securities industry to continue working with clients even after the son had become the official “broker of business” for those clients, according to the Financial Industry Regulatory Authority. FINRA has suspended the younger broker, James Alan Schumaker, for nine months.
Schumaker entered the securities industry in 2017 and was associated with Cambridge Investment Research at a branch office based out of Lafayette, Ind. He conducted his brokerage business through Schumaker Financial, according to a letter of acceptance, waiver and consent signed on Feb. 11.