Janus Names New Head of Institutional Business

Janus Capital Group Inc. has announced that Daniel P. Charles, vice president of institutional sales, has been promoted to managing director of the company’s institutional business.

In this role Charles will report to Janus CEO Gary Black and oversee all aspects of Janus’ institutional products, sales, client services and consultant relations, the announcement said.

Charles joined Janus in 2005 and was previously responsible for developing new business opportunities with large corporations, foundations, and endowments in the Midwest. Before joining Janus, he spent more than three years with Bank of America, most recently as managing director and national head of sales for Bank of America Institutional Investment Solutions.

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Charles was also previously with ING and Aetna Financial Services overseeing their sales and client services operations in San Francisco, Chicago, and New York.

Tax Package Meshes with The Online 401(k)

Thomson Tax&Accounting has unveiled an online 401(K) feature in Payroll CS, its payroll processing application.

A news release said the software now directly integrates with The Online 401(k), a provider of full service web-based 401(k) plans for small and owner-only businesses.

Initial design and set up of a 401(k) plan through The Online 401(k) is a 30-minute online process, the company said. Once the system is set up, Payroll CS automatically creates a 401(k) information file each time payroll is run, which is then sent to The Online 401(k) for account updating.

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The Online 401(k) integrates its service with Payroll CS, data transfers seamlessly between systems each payroll period.

More information about The Thomson Corporation can be found at www.thomson.com. More information about The Online 401(k) is available at www.theonline401k.com.

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