Connections Need More Connectivity, Business Travelers Say
Memo to airport and airline execs: Business travelers want mobile app notification, reliable WiFi and self-service boarding options.
News
Many Participants Do Not Understand Fees
More than half of participants surveyed do not understand retirement plan fees, indicating a need for education before the fee disclosure regulation goes into effect this month.
Russell Rolls Out Two Funds
The Russell Multi-Strategy Alternative Fund and the Russell U.S. Strategic Equity Fund were introduced by Russell Investments.
Schwab Adds Value Line Asset Allocation to OneSource Select List
The Value Line Asset Allocation Fund (VLAAX) has been added to the Schwab Mutual Fund OneSource Select List.
MassMutual Retirement Names New Sales Director
Christopher Stout was added as a Southeast sales director for MassMutual Retirement Services.
Nationwide Names New Retirement Plan Leader
Nationwide Chief Executive Steve Rasmussen announced that the leaders for the company’s retirement plans business and its property and casualty direct channel will switch roles.
MassMutual Adds Three Relationship Managers
Eunice Cabrera was promoted, while John Andresen and Michael Gopen were hired in the firm’s retirement services division.
Wells Fargo Enhances Plan Benchmarks
Wells Fargo Retirement announced enhancements to its service that measures the effectiveness of employer-sponsored retirement plans.
Symetra Expands Sales Team with Three East Coast Reps
David Cohen, Andrew Olig and Ken Terranova have been added to Symetra Financial Corp.’s registered investments sales team.
Firm Rolls Out 401(k) Loan Protection Campaign
Custodia Financial launched Protect My 401(k) Loan, a campaign to raise awareness of 401(k) involuntary loan defaults, and introduce a solution.
Some Participants Use Simple Math to Allocate Investments
Some defined contribution participants rely on simple math when deciding how to allocate their plan investments, research indicates.
Roth IRA Conversion Levels Continue to Show Muscle in 2012
The average contribution to Fidelity Individual Retirement Accounts (IRAs) hit $3,930 in tax year 2011, up nearly 15% from 2007.
Securian Refines Tool to Track Plans, Streamline Servicing
The financial services provider Securian enhanced its Book of Business tool to allow advisers to see their Securian accounts from a number of angles.
Midsize RIAs Rely Heavily on Low-Cost Mutual Funds, ETFs
Registered investment advisers (RIAs) with more than $500 million in assets under management, on the other hand, invest more...
Fiduciary Benchmarks Provides Fee Benchmarking for ExpertPlan
Fiduciary Benchmarks (FBi) will provide 408(b)(2) summary disclosure documents and independent third-party benchmarking to ExpertPlan’s 16,000-plus clients.