News

ING U.S. Investment Management introduced a customizable liability-driven investing (LDI) collective trust solution to assist plan sponsors with matching assets to future benefit payments.

SCI Companies enhanced its 401(k) solutions in an effort to increase participation rates for its clients.

Ron Rhoades, the chair-elect for the National Association of Personal Financial Advisors (NAPFA) for 2012-13, announced he would resign.

Mesirow Financial’s Investment Strategies group is hosting a series of educational webinars titled “Fiduciary Responsibilities and Outsourcing Options.”

Russell Investments has seen a marked uptick in interest in investment outsourcing from larger corporate defined benefit (DB) plans.

Nearly half (45%) of U.S. employers expect to benefit from Baby Boomer employees who prolong their careers past age 65.

CPI Qualified Plan Consultants Inc. combined its six regions into three divisions: Northeastern, Central/Southeastern and Western.

Fifty-six percent of employees estimate they waste up to $750 because of mistakes made with insurance benefits elections, according to research.

 Client360° Trading, a new platform for the firm’s Client360° suite of tools, was rolled out by Commonwealth Financial Network, a registered investment adviser.   

Retirement plan participants are demanding electronic education, debunking the myth that participants are not engaged in their savings. 

Fidelity Investments has launched Plan for Life, an enhanced retirement planning solution.

The U.S. Department of Labor (DOL) is suing to restore $34.6 million in assets to two pension funds for employees of auto supplier Metavation.

Commission-based advisers’ revenue rose 21% in the past three years, a PriceMetrix report shows.

Communication is a leading driver of plan sponsor satisfaction with third-party administrators (TPAs), according to a report published by Transamerica Retirement Services.

Callan Associates announced that Dana R. Brown joined the company's Fund Sponsor Consulting group as senior vice president on July 30.