Deals & People

New York Life Investments has announced the launch of Stable Value Investments (SVI), a new unit that will create and distribute proprietary fixed-income money management solutions backed by...

Putnam Investments has announced two portfolio manager appointments.

Transamerica Retirement Services has hired Matthew Anderson as third-party administrator (TPA) development manager for the Central Region.

Transamerica Retirement Services has promoted Luke Szafranski to regional vice president in the company’s Central Region.

Transamerica Retirement Services has hired Michael Hammerschmidt as regional vice president for the Northeast Region.

Three former UBS wealth advisers have formed Mississippi Investment Management Company, LLC (MIMCO), a registered investment adviser (RIA) serving both affluent and institutional investors.

Connie K. Weaver has joined TIAA-CREF as executive vice president, chief marketing and communications officer, the company announced.

Cheney L. Hunt III has been promoted to regional sales manager of the Midwest Region for John Hancock Retirement Plan Services (RPS), the company has announced.

MFS Investment Management has announced the appointment of Robert J. Manning to chairman of the company, effective July 1.

The Newport Group has appointed George Sutherland as vice president, Retirement Services.

David A. Kania has joined Sentinel Financial Services Company Retirement and Subadvisory team as vice president and regional retirement director.

J.P. Morgan Asset Management (JPMAM) said Thursday that Eve Guernsey, CEO of the Americans, will step down from her post at the end of 2010.

Michael G. Johnson has been hired as regional vice president, Atlanta, at John Hancock Retirement Plan Services (RPS).

Mesirow Financial has hired a new senior vice president in its Retirement Plan Advisory group.

Great-West Retirement Services has appointed Todd Champney as regional sales director based in Dallas.

Scott Macey has joined Covington & Burling’s employee benefits and executive compensation practice group as of counsel.

Retirement Plan Advisory Group (RPAG), an alliance of retirement plan advisers, said Gabriel Kass has joined its investment team as an investment analyst, specializing in fixed-income investments.

Bank of America (BofA) said it will enter into human resources partnerships with Hewitt Associates and Plateau Systems, beginning in 2011.

Mercer has named Doug DeNigris as Taft-Hartley business leader for its U.S. outsourcing business, a new position.

Randy Blanchetti has reassumed the role of regional vice president of the southeastern region for Retirement and Investor Services at The Principal.