News

“The main thing is… don’t get excited.”

Massachusetts Mutual Life Insurance Company has agreed to purchase The Hartford’s retirement plans business for $400 million.

The Financial Industry Regulatory Authority (FINRA) announced that Vice Chairman Stephen Luparello is leaving to join the WilmerHale law firm in Washington, D.C.

A federal appellate court found a multiemployer pension plan’s determination of a participating employer’s withdrawal liability was excessive.

 Jim Dario has been named managing director of product management for TD Ameritrade Institutional.   

Retirement confidence is high for both Baby Boomers and Generation X, according to a report from the Insured Retirement Institute (IRI).

Several personnel appointments to support the small to midsize corporate retirement plans market were announced by ING U.S.’s retirement business.

An alpha-generating investment process that draws on the global dividend-paying universe was developed by Acadian Asset Management LLC.

Michael Bernstein was promoted to head of North American business development at Lyxor Asset Management Inc., an affiliate of Lyxor Asset Management S.A.

James T. Mattera was named regional director of sales, a new position at Tegrit Group.

The Internal Revenue Service (IRS) announced its plan phone forum about fixing 403(b) plan mistakes is full.

A.B.D. Tank & Pump Co. in Elmhurst, Illinois, has been ordered to restore $2,767,051 to the company’s retirement plan.

Pentegra Retirement Services’ retirement plan products have been selected for members of the Independent Bankers Association of New York State (IBANYS).

In a webinar sponsored by Sammons Retirement Solutions, Andrew Friedman of The Washington Update discussed the Bush tax cuts.

Stefan Lambert has been appointed managing principal of Lincoln Financial Advisors Corp., serving as market leader for Northern Virginia and surrounding field offices.