News

A majority of advisers (93%) surveyed said they felt the need for more education on retirement income planning.  

Great-West Life & Annuity Insurance Company introduced a retirement income product that combines the traits of a mutual fund with a lifetime income guarantee.

Cambridge Investment Research Inc. selected Fiduciary Benchmarks to meet ERISA’s 408(b)2 disclosure regulations, slated to go into effect July 1.  

About a third of outperformance from skill should go to hedge fund managers in the form of fees, and the rest to the investor, a report says.  

Fidelity Investments reported its average 401(k) balance rose to $74,600 at the end of the first quarter, up 8% from the end of the fourth quarter 2011.

 Benefit Consultants Group (BCG) will be assuming the daily valuation retirement plan clients from IPA Northeast (IPA).     

Alliance Benefit Group (ABG) asked the Department of Labor to clarify certain aspects of the participant fee disclosure regulations that go into effect this summer.

A coalition of organizations asked the Department of Labor (DOL) to institute a one-year transition period to comply with new fee disclosure regulations.  

Aria Retirement Solutions announced Tyler Randall and Holly Onachilla joined the firm in senior sales positions.

Boomers mostly ignore intangible digital assets when planning retirement, a report shows.  

 Many retirement plan advisers are joining the iPad craze and discovering opportunities for their business.  

Among benefits most directly related to economic security, employers with 50 or more employees are most likely (96%) to offer 401(k) or 403(b) retirement plans.

Castle Rock Investment Company is hosting a working lunch to discuss new fee disclosure rules.

The recordkeeper and custodial service provider Retirement Revolution named Gary Crane business development officer for the northeast.

Prudential Annuities, the domestic annuity division of Prudential Financial Inc., announced two new asset-allocation options for its investment lineup.