News

Independent RK Group Formed

A new organization, called the Council of Independent 401(k) Recordkeepers (CIKR), has formed to educate and advocate on issues of relevance to independent 401(k) plan recordkeepers.

New Playing Field for Advice

With the so-called Merrill Lynch Rule a thing of the past, some advisers will need to clarify their role, though it's not likely to broadly impact the managed account environment.

IMHO: Life Lines

A couple of weeks ago, I stumbled across a paper published by the National Bureau of Economic Research titled “New Estimates of the Future Path of 401(K) Assets.″

Calvert Launches International Fund

Socially responsible mutual fund firm Calvert has launched a new fund that seeks long term capital appreciation by investing primarily in non-U.S. small-cap and mid-cap stocks both in the developed countries and emerging markets.

Ceridian to Go Private in Acquisition

Human resources outsourcer Ceridian Corp., under pressure from an activist hedge fund, agreed to be bought by private equity firm Thomas H. Lee Partners and Fidelity National Financial Inc.

CFP Revamps Ethical Standards

The Board of Directors of Certified Financial Planner Board of Standards Inc. (CFP Board) has revised the ethical standards for CFP professionals, requiring them to 'at all times place the interest of the client ahead of his or her own.'

Transamerica Adds Five Fund Choices

Transamerica Retirement Services has announced the addition of five investment choices from two fund families – Thornburg Securities and Fred Alger&Co., Inc.

Blue Moon

Tonight – depending on where you live – you’ll be treated to a “blue moon.″