Trust Updates Archive

TrustUpdates--Assets Rebound in 2016, Revenues Lag .. Trust Companies More Focused on Revenue than BJune 6, 2017
Complimentary Comparison Review; 2017 Annual Survey of Trust AssetsMarch 21, 2017
TrustUpdates--Assets Spike, Revenue Growth SlowJanuary 5, 2017
TrustUpdates--More Institutions Offering Less, Leads to Stronger IndustryDecember 13, 2016
TrustUpdates--Assets and Revenue Rebounding, Efficiency Improving October 11, 2016
TrustUpdates--Hot Topics in Fiduciary Litigation, July 7-8June 9, 2016
TrustUpdates--Trust Revenues Rise, Even as Number of Institutions and Assets Shrink June 8, 2016
TrustUpdates--IRS Fiduciary Audits—More But Smaller Errors Equal Lower Additional TaxesApril 26, 2016
Annual Survey of Trust Assets; Complimentary Peer AnalysisMarch 10, 2016
TrustUpdates--Revenue Growth Continues, While Assets DeclineFebruary 11, 2016
TrustUpdates--Revenue and Industry Challenges; Fiduciary Earnings & ExpensesJanuary 28, 2016
TrustUpdates--Industry Outperforms Large Institutions in First QuarterJuly 9, 2015
TrustUpdates--Trust Institutions Earned $37.5 Billion on more than $105 Trillion in Total AssetsMay 28, 2015
TrustUpdates--Under Pressure to Grow Revenues, Trust Executives RespondMay 20, 2015
TrustUpdates--Tibble: High Court's Ruling Potentially Expands ERISA's 6-Year Statue of LimitationMay 19, 2015
TrustUpdates--IRS Audit Focus Expands to Gift Taxes; More Taxes OwedApril 21, 2015
TrustUpdates--Ameriprise Settlements Proprietary Mutual Fund LitigationMarch 27, 2015
TrustUpdates--Minimum to Breakeven in Trust Business Is $500 Million, Except for BoutiquesMarch 18, 2015
Annual Report of Trust Assets, deadline March 25March 10, 2015
TrustUpdates--Revenue Growth Outpaces Asset PerformanceJanuary 14, 2015
TrustUpdates--Decedent’s Estate Owes Additional $20 Million, GRAT Problems Blamed on Financial CrisiSeptember 17, 2014
TrustUpdates--Training—Spending Declining, As Brain Drain LoomsAugust 4, 2014
TrustUpdates--Additional Taxes Owed Triple on Audited Fiduciary Returns July 15, 2014
TrustUpdates--First Quarter Growth Bodes Well for Profitable YearJuly 10, 2014
TrustUpdates--ESOPs Fiduciaries—No Special Presumption of Prudence; Potential for Dismissing LawsuitJune 26, 2014
TrustUpdates-- Inherited IRA is Not a Retirement Account, High Court RulesJune 13, 2014
TrustUpdates--Regulatory Exams: Spike in Bankers' ConcernsMay 28, 2014
TrustUpdates--Revenues and Assets Spike in 2013 .. Growth to Continue in 2014April 23, 2014
TrustUpdates--Annual Survey of Trust Assets; New Trillion Dollar Club MemberMarch 26, 2014
TrustUpdates--Dean Miller, "Father of Reg 9," Dies (1930–2013) January 10, 2014
TrustUpdates--Focus Is on Revenue Growth; Third Quarter UpdateDecember 19, 2013
TrustUpdates--More Trust Bankers Considering Specializing; Productivity UpNovember 21, 2013
TrustUpdates--Trust Revenues Growing, Assets Remain Flat in Second QuarterSeptember 18, 2013
TrustUpdates--Strong Q1 Revenue Growth Even as Total Assets DeclineJune 27, 2013
TrustUpdates--Training Boosts Bank's Bottom Line; Banks Spending More!June 26, 2013
TrustUpdates--Top 50 Trust Institutions Holding Industry BackMay 29, 2013
TrustUpdates--IRS Audit Focus Remains on Estate, Trust, and Gift Tax ReturnsMay 22, 2013
TrustUpdates--Annual Report of Trust AssetsMarch 15, 2013
TrustUpdates--Bank Trustee's Refusal to Sell Trust Assets Lands in Supreme CourtJanuary 18, 2013
TrustUpdates--Value Pricing in the Trust IndustryJanuary 17, 2013
TrustUpdates--Revenue Efficiency: P.I.E. Boost Bottom Line in 2012January 9, 2013
TrustUpdates--Profit Margin Volatility and P.I.E.December 17, 2012
TrustUpdates--TRN Turns 20!November 30, 2012
TrustUpdates--Tale of Two Industries: Revenues Flat at Large Institutions, Up at Smaller OnesSeptember 21, 2012
TrustUpdates--New DOL Fee Disclosure WebsitesSeptember 20, 2012
TrustUpdates--HSBC Trust Operation Lacks KYC DocumentationJuly 18, 2012
TrustUpdates--More Assets Required to Generate $1 of RevenueJuly 12, 2012
TrustUpdates--Court Reverses Stock-Drop Award Against HSBCJune 26, 2012
EE 2011 Fiduciary Earnings Expenses Trust Company Trust Department Think Independent Trust RegulatorNovember 11, 2011
TrustUpdates--IRS: Estate Portability Election, Timely Filing RequiredOctober 3, 2011
TrustUpdates--CORRECTION: Proprietary Mutual Funds Litigation: Ameriprise SuedOctober 3, 2011
TrustUpdates--Proprietary Mutual Funds Litigation: Ameriprise SuedOctober 3, 2011
TrustUpdates--Proprietary Mutual Funds Litigation: BofA WinsOctober 3, 2011
TrustUpdates--P.I.E. Index Up, New Revenue Benchmark PossibleSeptember 28, 2011
TrustUpdates--DOL Investment Advice Rule Re-CalledSeptember 20, 2011
TrustUpdates--DOL Allows Electronic DisclosureSeptember 14, 2011
TrustUpdates--IRS Withdraws 2% Rule, Issues New Proposed RegSeptember 8, 2011
TrustUpdates--DOL Webcast 09/13, Fee DisclosuresSeptember 8, 2011
TrustUpdates--IRS Phone Forum, 9/12, Participant Pension-Plan LoansSeptember 7, 2011
TrustUpdates--DOL Webcast 08/24, Voluntary Fiduciary Correction ProgramAugust 23, 2011
TrustUpdates--OTS Regs to Stay ... for NowAugust 5, 2011
TrustUpdates--Goodbye OTS!July 21, 2011
TrustUpdates--Fiduciary Assets Set New Record, Boosting RevenueJuly 19, 2011
TrustUpdates--DOL Extends Disclosure Date to April 2012July 14, 2011
TrustUpdates--Top 10 InstituitionsJune 8, 2011
TrustUpdates--DOL Extends Fee Disclosure DatesJune 1, 2011
TrustUpdates--Fiduciary Revenues Catching Up As Assets Set New RecordMay 19, 2011
TrustUpdates--OCC Preemption RoadmapMay 13, 2011
TrustUpdates--Fiduciary Audits Equal Big Bucks for IRSApril 19, 2011
TrustUpdates--Annual Report and Survey of Trust AssetsApril 6, 2011
TrustUpdates--The “F” Word Stirs Up EmotionsApril 5, 2011
TrustUpdates--Americans Want Traditional PensionsMarch 9, 2011
TrustUpdates--2011 Fiduciary Revenues to Set New RecordJanuary 6, 2011
TrustUpdates--Failure to Diversify Costs HSBC $25 MillionDecember 3, 2010
TrustUpdates -- Extraordinary Is Defined By Plan, Not MarketNovember 18, 2010
TrustUpdates--If Profits Are the Goal, Limit Product LinesOctober 25, 2010
TrustUpdates--Dynasty Trusts Destined to Self-DestructSeptember 29, 2010
TrustUpdates--Assets Flat in 2010, Revenues Grow -- Second QuarterSeptember 16, 2010
TrustUpdates—Lifetime Income Options, Joint HearingSeptember 13, 2010
TrustUpdates -- Driven by Fees and Fears of ReprisalJuly 13, 2010
TrustUpdates--Financial Reform, Fiduciary ImpactMay 24, 2010
TrustUpdates--Assets Recover, Revenues DropMay 20, 2010
TrustUpdates -- Trustees at Risk for Employer DelaysJanuary 14, 2010
TrustUpdates -- Reg R: The Examiners Are Coming!October 6, 2009
TrustUpdates -- IRS Extends Deadline for Disclosing Offshore AccountsSeptember 21, 2009
TrustUpdates -- Providing Summary Prospectus Meets Fiduciary Obligation, Says DOLSeptember 9, 2009
TrustUpdates -- Banks Risk Losing TalentSeptember 3, 2009
TrustUpdates -- IRS Gains Unprecedented Access to Swiss AccountsAugust 20, 2009
TrustUpdates -- FBAR Extension until June 2010August 10, 2009
TrustUpdates--Inheritance and the Posthumously Conceived ChildJuly 16, 2009
TrustUpdates -- States Can Enforce Laws against National Banks, says Supreme CourtJuly 6, 2009
TrustUpdates--Consensus on Financial Reform Exists, But . . .June 18, 2009
TrustUpdates -- Fiduciary Revenues Set New RecordJune 9, 2009
TrustUpdates—DOL Postpones 401(k) Safe-Harbor RuleMay 21, 2009
TrustUpdates -- Pension Calculation Can Be Discriminatory, In PartMay 18, 2009
TrustUpdates-- Carlyle Group SettlesMay 15, 2009
TrustUpdates -- Fiduciary Revenue Strong, Despite Asset DropApril 20, 2009
TrustUpdates -- Court Approves Terminating Retirees Health BenefitsFebruary 26, 2009
TrustUpdates--UBS Pays $780 Million, Discloses Customer InfoFebruary 19, 2009
TrustUpdates--DOL Madoff AdvisoryFebruary 11, 2009
TRN--DOL Delays Controversial Investment Advice RuleFebruary 5, 2009
TRN--Fiduciaries Named in Madoff-Related LawsuitJanuary 28, 2009
TrustUpdates -- IRS Extends Fiduciary Fee DeductibilityDecember 16, 2008
TrustUpdates -- Trust Institutions Report Asset Declines with Revenue GainsDecember 10, 2008
TrustUpdates -- UBS Executive Indicted in Offshore Tax-Shelter ProbeNovember 13, 2008
TrustUpdates -- 75% of Banks Undercharge for Fiduciary ServicesNovember 12, 2008
TrustUpdates -- DOL Finalizes 3 Pension RulesOctober 7, 2008
TrustUpdates -- The Accidental FiduciaryOctober 7, 2008
TrustUpdates -- 70% of Trust Institutions Report Revenue GrowthSeptember 24, 2008
TrustUpdates -- DOL ERISA Webcast, Sept. 25September 22, 2008
TrustUpdates -- Focus on Pension FeesJuly 31, 2008
TrustUpdates -- 25% of Institutions Raised Fees in 2007, More Will in 2008June 5, 2008
TrustUpdates -- Plaintiffs Find SLUSA LoopholesApril 16, 2008
TrustUpdates -- Chase Acquires Custodial TrustApril 4, 2008
TrustUpdates--2007 Fiduciary Revenues Break RecordMarch 18, 2008
TrustUpdates--IRS Targets Liechtenstein TrustsFebruary 27, 2008
Plan Participants Can Sue to Recovery Individual LossesFebruary 21, 2008
Supreme Court Rules Investment Fees Not Always DeductibleJanuary 17, 2008
Fifth Third Bank Mismanaged Pension Assets, Says DOLJanuary 11, 2008
Fiduciary Revenues Growing Faster Than AssetsDecember 12, 2007
DOL -- Disclosure Rules and MEWA FilingDecember 11, 2007
DOL Webcast on Pension Protection ActNovember 27, 2007
Bank Trust Depts Undercharging for ServicesNovember 6, 2007
Pension Plan UpdatesOctober 14, 2007
Neutering Conversion Class ActionsOctober 3, 2007
Forget Mutual Funds, CIFs Are Hot!September 21, 2007
NYLife--Settlement in Proprietary Mutual Fund LawSuitSeptember 21, 2007
Fiduciary Revenue Grows by Nearly $2 BillionSeptember 20, 2007
SEC Adopts Bank-Friendly Broker-Dealer RulesSeptember 19, 2007
Fiduciary Capital--More Focused, More DetailsJuly 26, 2007
Trusts and Money LaunderingJuly 17, 2007
Preemption Landmines AheadJune 20, 2007
Repeal Soft-Dollar Law, and 12b-1 Fees, Says SEC ChairmanJune 14, 2007
Fiduciary Revenue Not Keeping Pace with AssetsMay 25, 2007
Qwest Pays $46.5 in Pension SettlementFebruary 1, 2007
Supreme Court Rules on IBM Cash-Balance PlanJanuary 16, 2007
Regulators Propose New Broker-Dealer RulesDecember 19, 2006
Revenue Sharing--More Disclosure RequiredDecember 14, 2006
Cash-Balance Plans--Ruling Favors PlaintiffsNovember 16, 2006
Citicorp Says Good-bye Cash Balance Plan, Hello 401kNovember 8, 2006
Bank Broker Rules--Congress Moves to Settle DisputeOctober 19, 2006
Conversion Lawsuits--Chase Makes FourOctober 12, 2006
DOL Proposed Reg on Auto EnrollmentOctober 3, 2006
LaSalle Conversion Lawsuit Dismissed; Wachovia SuedJune 2, 2006
Supreme Court Ruling Opens Door to More Federal ChallengesMay 1, 2006
2005--The Year of the SECJanuary 27, 2006
BofA Hit with Another Conversion Class ActionJanuary 5, 2006
Deutsche Bank--Anti-Moneylaundering DeficienciesOctober 14, 2005
SEC Settlement a Wake Call for All BanksOctober 7, 2005
Fiduciaries Report Double-Digit Income GrowthOctober 5, 2005
Additional Bank Regulatory ReliefSeptember 29, 2005
EBT Hardship Loans--REVISEDSeptember 16, 2005
EBT Hardship Distributions and LoansSeptember 16, 2005
Regulators Hold BSA Compliance WebcastAugust 8, 2005
WorldCom Victim TrustAugust 5, 2005
War of the Regulators--OCC v. SpitzerJune 17, 2005
TRN--Current IssueMay 4, 2005
Revenue Sharing; Preemption--TRN SummaryApril 8, 2005
TRN Index--Current IssueMarch 1, 2005
New Conversion Class ActionsJanuary 17, 2005
Fiduciary Growth Cools in Third QuarterDecember 29, 2004
TRN Index--Nov./Dec. 2004December 17, 2004
ERISA--When to Question Investment DirectivesDecember 17, 2004
SEC delays rule: GAO suggests total restructuringNovember 9, 2004
Strong Fiduciary Growth in 2nd QuarterSeptember 14, 2004
Tax Update--Splitting TrustsAugust 31, 2004
Basel II and Fiduciary CapitalJune 29, 2004
TRN Index--June 2004June 25, 2004
Cash Balance Plans--IRS Withdraws ProposalJune 15, 2004
TRN Index--March 2004March 26, 2004
BofA—-Final Settlement in Management Fee Overcharge CaseFebruary 20, 2004
TRN Index--Feb. 2004February 19, 2004
Mutual Fund Abuses--ERISA GuidanceFebruary 18, 2004
FDIC—New Rules Expand Coverage for TrustsJanuary 13, 2004
OCC Preemption Ruling Angers StatesJanuary 9, 2004
New Conversion and Market-Timing CaseNovember 10, 2003
Conversion Litigation--SettlementOctober 14, 2003
Hot Topics in Fiduciary LitigationJuly 23, 2003
Bank One Texas--Mutual Fund CaseJune 18, 2003
Trust Performance Data (#2)June 2, 2003
Enron--Participants, Not Company, to Pay Plan ExpensesMarch 24, 2003
Federal Preemption--Court Rules on Massachusetts ChallengeFebruary 18, 2003
Retirement Savings--Bush Proposes Radical ReformJanuary 31, 2003