CPI Opens Consulting Office Serving Mich., Wis.
CPI Qualified Plan Consultants, Inc., said that Ken Boivin will serve as retirement plan consultant in the firm’s newly created Grafton, Wisconsin, office.
News
FINRA Gets OK to Expand BrokerCheck
The Financial Industry Regulatory Authority (FINRA) will make records of final regulatory actions against brokers permanently available to the public through the BrokerCheck service.
Schwab Spruces Up Education Web Site
Charles Schwab has expanded content on its educational Web site for consumers.
ING: Expect ‘Lackluster’ Recovery for 2010
The good news is that the economy will see growth in 2010—but it will be modest, said Paul Zemsky, head of asset allocation and multi-manager investments at ING...
EBSA Further Delays Investment Advice Rule
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced Monday that it is giving itself until May 17, 2010, to develop a new version of its...
iShares Launches Alternatives ETF
iShares has announced the start of trading of the iShares Diversified Alternatives Trust.
MetLife, Fidelity Team up for Retirement Income Solution
MetLife and Fidelity Investments have introduced a new deferred variable annuity product designed for individuals who are either retired or transitioning to retirement.
Institutions, Advisers Still Like Alternatives, but Are More Cautious
A survey by Morningstar, Inc., and Barron's magazine found that despite questionable performance during the market downturn and hedge fund scandals, institutional investors and advisers still view alternative...
New ING Team Serves Higher Ed 403(b)s
ING’s U.S. Retirement Services has recently formed a new Business Development Team dedicated to serving employer-sponsored higher education retirement plans across the country, and identifying new growth opportunities...
Frequency of Education Linked to 401(k) Participation
Regular employer-sponsored retirement seminars motivate more employees to participate in and contribute to company 401(k) plans, according to a study published in Economic Inquiry.
Herchenbach Tapped for Mutual of Omaha Retirement Post
Scott Herchenbach has been promoted to senior vice president, Retirement Plans Division, Mutual of Omaha announced.
BofA Merrill Enhances Stock Services
The Bank of America Merrill Lynch equity compensation business has enhanced its services to assist companies in managing such benefits as performance stock, restricted stock, and stock option...
Hobson: 401(k) Plans Need to Reach Out to Minorities
In a Webinar today, Mellody Hobson, president of Ariel Investments, said 401(k) plan sponsors should pay attention to the savings differences among minorities.
Focus Financial Partners Acquires Joel Isaacson
Focus Financial Partners, LLC (Focus), a network of independent wealth management firms, added Joel Isaacson & Co., Inc., to its partner firms.
IMHO: Tractor “Trailer”
About a week ago, Caterpillar agreed to a $16.5 million settlement of one of those allegedly excessive fee/revenue-sharing lawsuits.
Black & Decker Reinstates 401(k) Match
Black & Decker Corp. is restoring pay cuts and the firm’s 401(k) match, according to published reports.
Washington Times Suspends 401(k) Match
The Washington Times has told staff that it is suspending its 401(k) match.
FPA Names Kurtz as President-Elect
The Financial Planning Association (FPA) announced Martin Kurtz will serve as president-elect next year.
DoL Cautions Plans about Sharing EFAST2 PINs
U.S. Department of Labor (DoL) officials have cautioned plan administrators that they should not share their PIN numbers for the EFAST2 electronic document filing system.
Sentinel Appoints Leader for Adviser-Sold Product Marketing
Sentinel Investments has appointed Charles R. (C.R.) Shaw as senior vice president, national marketing director.