News

More employers in the Washington-Baltimore region are offering defined contribution plans rather than pensions, according to an annual survey of human resources officials.

Benefit brokers continue to claim the largest share of voluntary and worksite sales compared to other producer segments, according to new research.

Fusion Business Group, a provider of technology consulting and business level advisory services to alternative investment advisers, will now provide clients of Automated Compliance Solutions (ACS) with infrastructure,...

According to financial advisers, the largest impediments to Americans’ financial security are self-imposed.

John A. Pickett has joined Raleigh, North Carolina-based CAPTRUST Financial Advisors, leaving RBC Wealth Management’s Institutional Consulting Group.

Despite a reduction in the advisory force, retail advisers still represented nearly 60% of total mutual fund gross sales for 2009, according to the Financial Research Corporation (FRC).

John Hancock Retirement Plan Services has announced the appointments of six regional vice presidents.

CapTrust Advisors, LLC, announced that James (Jeb) E. Graham is now a firm partner.

Commissions paid by institutional investors to brokers on trades of U.S. equities are falling far short of projections to this point in 2010, according to Greenwich Associates.

The retirement services division at American United Life Insurance Company (AUL), a OneAmerica company, has appointed Thomas E. Pohlmann to the position of regional sales director in the...

 Retirement Strategies, Inc. (RSI), will offer vWise Inc.’s SmartPlan Enterprise solution for its Defined Contribution Investment Only (DCIO) partners.

I participate in a number of LinkedIn groups (and “sponsor” a couple).  

The SPARK Institute has expressed its opposition to the defined contribution plan fee disclosure provision in the American Jobs and Closing Tax Loopholes Act (H.R. 4213).

PenChecks, Inc.'s new Web site is designed to make it easier for retirement plan providers, plan advisers, third-party administrators (TPAs), and plan sponsors to find information about complex...

SunTrust Banks has added a guaranteed lifetime income investment option, ClearCourse, to its institutional 401(k) investment platform.

Pershing LLC, a BNY Mellon company, has launched an educational initiative about international investing to help its introducing broker/dealer (IBD) and independent registered investment adviser (RIA) customers capitalize...

The Tulare County Employees Retirement Association (TCERA) in California is accepting proposals from firms to provide investment consulting, monitoring, and advice services for the $924-million defined benefit public...

More than 81% of variable annuity purchasers opted for a lifetime guarantee of income in the first quarter, according to a survey by an insurance trade group.

State Street Global Advisors (SSgA) has tapped Alistair "Ali" Lowe as global equities chief investment officer.

Steven Hart has joined the Third Party Administrator (TPA) Sales and Support Strategy team for ING U.S. Retirement Services.