EBSA Hosts Fiduciary Seminars in Boston and NYC
The Department of Labor’s Employee Benefits Security Administration (EBSA) scheduled two “Getting it Right: Know Your Fiduciary Responsibilities” seminars.
News
Nearly Half of Americans Not Saving For Retirement
Forty-nine percent of Americans say they are not contributing to a retirement plan, according to a survey from LIMRA.
Segal Hires VP and Consulting Actuary
Robert Kurak joined The Segal Company as a vice president and consulting actuary.
DCAdvisors Names John Rowe for Client Consulting Group
DCAdvisors announced the addition of John Rowe to the client consulting group and the firm’s leadership team.
FiPath Launches Client Acquisition Tool for Advisers
FiPath for Advisors introduced ReferMyAdvisor, which generates prospective clients through an automated e-mail marketing platform that contacts an adviser’s existing clients.
ASPPA Submits Recommendations for Lifetime Income Proposals
The American Society of Pension Professionals & Actuaries (ASPPA) applauded efforts by the Internal Revenue Service (IRS) to help ensure lifetime income for Americans.
TDF Glide Paths Change Little in 2011
It was a relatively quiet year on the target-date fund glide path front—at least as far as major equity/fixed-income changes go, according to Morningstar.
App Enables Stock Plan Participants to Conduct Transactions
The Fidelity Investments App was updated to enable stock plan participants to better access and track their portfolios, and conduct transactions.
CAPTRUST Names Three to Senior Management Positions
CAPTRUST hired three industry veterans in executive positions: Bonnie McCullough, John Curry and Doreen O’Dowd.
Penn Mutual Unveils Suite of Variable Annuities
The Penn Mutual Life Insurance Company introduced the Smart Foundation Variable Annuities that add some flexibility to guaranteed retirement income.
Many Investors Need Help Navigating the World of Investments
“Overly complex” and “overwhelmed” are two of the feelings expressed by investors in the MFS Investing Sentiment Survey.
The Hartford Expands DC Plan Investment Options
The Hartford introduced three investment managers and 16 investment options to its defined contribution (DC) retirement program offering.
Commonfund Appoints Director of Consultant Relations
Stephen J. Wagenbach, an institutional relationship manager, will lead Commonfund’s efforts in the firm’s Midwest region.
Women Are Saving More, Borrowing Less from 401(k) Plans
Two groups of participants—women and Gen Y members—are increasing their savings in defined contribution plans, according to MassMutual Retirement Services.
J.P. Morgan Offers Financial Engines' Income+ to 401(k) Clients
Financial Engines' Income+ has been integrated into J.P. Morgan Retirement Plan Services’ 401(k) offering.