---
title: PlanFees | News | Financial Professionals
description: Financial Professionals | Keep up on the latest news from PlanFees, a better way to benchmark retirement plan fees
---

# News

Select Category Fees Fee Benchmarking Benchmarking PlanFees ERISA Financial Professionals Insider Litigation Financial Wellness RFP Express Prospecting 401(k) Retirement Plan Advisor Fee Benchmarking Advisor Fee and Service Benchmarking News Market Volatility Press Release

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## Financial Professionals

![a pumpkin ghost in a greenhouse](https://news.planfees.com/hubfs/pumpkin-ghost-in-green-house-WebP.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Don’t Let High Fees Become a Horror Show for Your Retirement Plan](https://news.planfees.com/dont-let-high-fees-become-a-horror-show-for-your-retirement-plan)

It’s that time of year when it feels like ghouls and dark forces could be lurking around every corner, ready to strike. You think you’re safe, but are you really? Your heart pounds as you feel them getting closer and closer. It’s not … it can’t be … no, not HIGH PLAN FEES!!!

[Read More](https://news.planfees.com/dont-let-high-fees-become-a-horror-show-for-your-retirement-plan)

![Speaker asking a question](https://news.planfees.com/hubfs/Meeting%20Diverse%20Retirement%20Plan%20Challenges.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Meeting Diverse Retirement Plan Challenges](https://news.planfees.com/meeting-diverse-retirement-plan-challenges)

When it comes to retirement plans, organizations of different sizes and types have unique requirements. A one-size-fits-all approach simply doesn't cut it. let's explore the importance of expanded advisory offerings and how they can address specific situations that organizations face. Whether it's navigating mergers and acquisitions, managing plan terminations, implementing non-traditional benefits, or ensuring robust financial wellness programming, a tailored advisory approach can make a world of difference.

[Read More](https://news.planfees.com/meeting-diverse-retirement-plan-challenges)

![Determined businessman climbing building with help of rope](https://news.planfees.com/hubfs/What%20Sets%20Top%20Retirement%20Plan%20Advisors%20Apart.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [What Sets Top Retirement Plan Advisors Apart?](https://news.planfees.com/what-sets-top-retirement-plan-advisors-apart)

Adding retirement plan clients to your advisory practice can boost your assets under management with stickier investment dollars and open up lucrative new prospecting paths. But there are many pressures on today’s advisors. Plan sponsors want more from their RPAs, and this along with steeper competition has led advisors to broaden their scope of services to improve outcomes for organizations and participants. Additionally, fee compression and increased litigation require advisors to constantly keep a close eye on fees to win — and keep — business. Here are ways to set yourself apart from the pack.

[Read More](https://news.planfees.com/what-sets-top-retirement-plan-advisors-apart)

![Top view of businessman looking at business sketches on floor](https://news.planfees.com/hubfs/Build%20Your%20Practice%20With%20PlanFees%20%26%20RPAG-1.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Landing Your First Big Plan](https://news.planfees.com/landing-your-first-big-plan)

As the ink dries and you’re shaking hands with your new client, you’re ready to celebrate an important milestone in your advisory practice: your first big plan. But it’s important to be ready for some new challenges that come with this feather in your cap. Here’s how your work might differ with a large plan, and how you can prepare for the task ahead. 

[Read More](https://news.planfees.com/landing-your-first-big-plan)

![Bottom view of businessman with suitcase in hand](https://news.planfees.com/hubfs/Build%20Your%20Practice%20With%20PlanFees%20%26%20RPAG.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Build Your Practice With PlanFees & RPAG](https://news.planfees.com/build-your-practice-with-planfees-rpag)

In the highly competitive retirement plan advisory space, precision, efficiency and the ability to deliver value set elite advisors apart. PlanFees, powered by RPAG, has long been providing advisors with tools and technology that deliver critical market insights and innovative benchmarking solutions.

[Read More](https://news.planfees.com/build-your-practice-with-planfees-rpag)

![woman in a field measuring success ](https://news.planfees.com/hubfs/Young%20businesswoman%20measuring%20something%20with%20big%20ruler.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Advantages of Becoming a Fiduciary](https://news.planfees.com/advantages-of-becoming-a-fiduciary)

Acting in a fiduciary role can help you elevate your retirement plan practice and provide higher touch service to sponsors. Understanding the different types of fiduciaries, advantages of becoming one and tools available to address fiduciary responsibilities is key for advisors looking to expand their services — and grow their book.

[Read More](https://news.planfees.com/advantages-of-becoming-a-fiduciary)

![Businessman showing computer screen to coworkers](https://news.planfees.com/hubfs/The%205-in-1%20Benchmarking%20Solution%20You%E2%80%99ve%20Been%20Looking%20For.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [The 5-in-1 Benchmarking Solution You’ve Been Looking For](https://news.planfees.com/the-5-in-1-benchmarking-solution-youve-been-looking-for)

5-in-1 tools, universal remotes, Swiss Army knives and smartwatches — we all appreciate gadgets that can do a multitude of tasks and make our lives easier. And we think that’s one reason you’ll love PlanFees’ latest offering, RFP Express.

[Read More](https://news.planfees.com/the-5-in-1-benchmarking-solution-youve-been-looking-for)

![Adviser standing and presenting results and report of a multinational company](https://news.planfees.com/hubfs/Fees%20and%20Fiduciary%20Duty.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Fees and Fiduciary Duty](https://news.planfees.com/fees-and-fiduciary-duty)

Plan fiduciaries have many important responsibilities to uphold. And they must act solely in the interest of participants and their beneficiaries. To that end, they have to prudently manage investments, administer the plan properly, monitor service providers and much more. 

[Read More](https://news.planfees.com/fees-and-fiduciary-duty)

![clock on a cluttered desk](https://news.planfees.com/hubfs/Boost%20Your%20Productivity%20in%202023%20With%20PlanFees-1.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [Boost Your Productivity in 2023 With PlanFees](https://news.planfees.com/boost-your-productivity-in-2023-with-planfees)

According to PlanFees data, most advisors have a small staff of one to five employees. And with your team already performing intricate, three-to-five-year live-bid benchmarks, there may be little time left to conduct an annual benchmark on your other plans during off years.

[Read More](https://news.planfees.com/boost-your-productivity-in-2023-with-planfees)

![Back view image of businessman drawing graphics](https://news.planfees.com/hubfs/Back%20view%20image%20of%20businessman%20drawing%20graphics%20on%20wall.webp)

[Financial Professionals](https://news.planfees.com/tag/financial-professionals)

### [New Year, New Career: Wealth Manager to 401(k) Advisor](https://news.planfees.com/new-year-new-career-wealth-manager-to-401k-advisor)

Are you considering broadening your professional horizons in 2023? If you’re thinking about incorporating retirement plan advisory services into your offering, you probably have questions. And to provide a high level of service to your new plan sponsor clients, you may need to make some additions to your advisory toolkit:

[Read More](https://news.planfees.com/new-year-new-career-wealth-manager-to-401k-advisor)

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