Business Is Good, But the Economy Not So Much
Most advisers believe the American Dream is alive, but that Millennials will have a harder time attaining the economic status of their parents, a study found.
News
The Principal Offers LDI Separate Accounts
Principal Financial Group is offering a suite of separate accounts designed to help defined benefit (DB) plans of all sizes implement a liability-driven investing (LDI) strategy.
Mercer Hammond Appoints Nonprofit Leaders
Mercer Hammond named national segment leaders of nonprofit health care, higher education endowments and foundations segments.
Aon Hewitt Hires International Retirement Leader
Stuart Harris was named partner in Aon Hewitt’s International Retirement & Investment practice, and client lead for the Midwest region.
Financial Worry Greater for Boomer Women Than Men
Baby Boomer women are more uncomfortable, worried or concerned than Boomer men about their current and future financial situation, according to AARP.
Castle Rock Launches Fee Disclosure Review Service
Castle Rock Investment Company rolled out the Fee Disclosure Review Service to assist plan sponsors with 408(b)(2) compliance.
Financial Benefits Play Important Role for Employees
Sixty percent of workers surveyed now consider the workplace a “very important source” for their personal insurance and savings products.
Pension Settlement Costs Lower for Second Month
The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, increased for the second month.
John Hancock TDF Series in Investment-Only Space
John Hancock made available its recently renamed Retirement Choices At series of target-date funds (TDFs) in the investment-only marketplace to plan sponsors.
Continuity Takes Precedence Over Succession
Independent broker/dealer Securities America has designated October “Continuity Planning Month” to address the gap in understanding of the difference between continuity plans and succession plans.
CRM Helps Advisory Firms Deliver Consistent Brand
Customer relationship management (CRM) software is not just “contact management on steroids,” according to a source at Schwab.
Many Boomers to Stay Put Upon Retirement
More than 62% of Baby Boomers plan to remain in the state they live in upon retirement, according to a PluteGroup study.
Looking to Branch Out? NFP Study Explores MDPs
Multidiscipline practices (MDP) offer benefits to advisers and their clients, but face some unique obstacles, according to a study by NFP Advisor Services Group.
EPIC Advisors Names New Hires
Debora Monacelli was hired as a conversion project manager at EPIC Advisors Inc.
ExpertPlan Acquires Suncoast Pension and Benefits Group
ExpertPlan Inc. announced it has completed the acquisition of Suncoast Pension and Benefits Group Inc., a retirement plan third-party administrator (TPA).