Groups Urge Court to Give Judicial Deference to Plan Administrator
Industry groups are urging a federal appellate court to uphold a ruling for judicial deference to a plan administrator in interpreting a plan under ERISA.
News
Investor Confidence Index Up Slightly in July
Investor confidence increased slightly in July, according to a report.
TD Ameritrade Institutional Names Managing Director of Marketing
In her new role, Kate Healy is in charge of increasing the firm's awareness among 4,000 registered investment advisers (RIAs).
Unpredictable Market Conditions Challenge Advisers
Most advisers (95%) believe their investment strategies will help clients meet retirement income needs, despite the challenges of managing volatility and generating sufficient income for current retirees.
Series of Target-Risk Retirement Funds Launched
F-Squared Investments will serve as sub-adviser for the newly launched Reliance Trust AlphaSector Target Risk Collective Trust Funds.
Guide to Implementing NQDC Plan Available
A new guide to implementing nonqualified deferred compensation (NQDC) plans is available.
DOL Issues Clarification to Participant Fee Disclosure Guidance
The U.S. Department of Labor's Employee Benefits Security Administration issued Field Assistance Bulletin (FAB) No. 2012-02R, which supersedes Field Assistance Bulletin No. 2012-02.
Callan Introduces Interactive Target-Date Index
Callan Associates is making its Callan Target Date Index publicly available through an interactive tool.
ERISA Plans Given More Time to Comply with Swap Clearing
Employee Retirement Income Security Act (ERISA) retirement plans will have more time to comply with new rules concerning swaps.
Zephyr Adds Mutual Fund Data to Its Website
StyleAdvisor.com features multiple tabs, including peer comparison and risk return, to permit advisers to drill down deeper.
Allianz Appoints Senior Director of Strategy
Allianz Life Insurance Co. of North America (Allianz Life) promoted Emily Reitan to senior director of strategy and business development.
DC Participants Stay the Course in 1Q
Only 1% of defined contribution (DC) plan participants stopped contributing to their plans, and 1.2% took withdrawals in the first quarter, a report found.
M&A Deal Flow Stayed Steady in First Half
The first half of 2012 saw 25 deals completed, totaling about $36.2 billion in assets under management, according to Schwab Advisor Services Reports.
Equities Lose 401(k) Participant Assets in June
Defined contribution (DC) plan participants transferred monies from equities into fixed-income investments in June despite the market rally, according to the Aon Hewitt 401(k) Index.