Vanguard and Ascensus Introduce Small-Plan 401(k)
Vanguard will offer a bundled 401(k) and profit-sharing plan service for companies with assets of less than $20 million through a partnership with Ascensus.
News
Vanguard Research Finds August Market Volatility “Ordinary”
Vanguard researchers report that the levels of market variations today are ordinary when compared to other periods characterized by major global events.
U.S. Bond & Stock Mutual Funds See Net Outflows of $34B
In an unusually volatile month, nervous investors redeemed an estimated $34 billion in net cash out of U.S. stock and bond mutual funds in August.
New Firm Established for Due Diligence Services
Jennifer A. Cooper, CFA, has established Diligence Review Corp. to meet the demand for specialty due diligence services.
Survey Finds 45% of Adults Feel Less Financially Secure Than One Year Ago
According to CouponCabin’s first "Savings and Spending Report," 45% of U.S. adults said they feel less financially secure than they did one year ago, with 16% saying they...
Merrill Wins Appeal with Reversal of Lower-Court Ruling
The Fifth Circuit U.S. Court of Appeals reversed a ruling that allowed John Young, a former trader at Merrill Lynch, to be awarded benefits from the firm’s “Long-Term...
Putnam Offers Plan Level Lifetime Income Tool
To empower employers and provide them with actionable information about their plan participants’ retirement readiness, Putnam Investments is making its Lifetime Income Score available more broadly to the...
PANC 2011: Business Development for the Next Decade
Is social media the next step in marketing? Or is it a means to connect with participants? These and other questions were discussed at the PLANADVISER National Conference...
Married Americans Think Singles Have Retirement Planning Advantage
The majority of Americans think that planning for retirement is easier for those who are not married, according to Charles Schwab’s latest quarterly retirement pulse survey findings.
Few DC Investment Managers Positioned For Growth
Few defined contribution investment managers are effectively positioned to grow market share, according to Cogent Research.
Signorille Appointed to ERISA Advisory Council
The Department of Labor has selected Mary Ellen Signorille to serve on the Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory...
DoL Will Allow for Electronic Disclosure to Participants
The Department of Labor’s Employee Benefits Security Administration (EBSA) has issued an interim electronic disclosure policy for its participant fee disclosure regulations.
Cambria to Launch Actively Managed ETFs
Cambria Investment Management has filed paperwork with the Securities and Exchange Commission (SEC) to market its own line of actively managed exchange-traded funds (ETFs).
Doll Says Economy’s Vital Signs Are Good
Although he is predicting “growth below trend,” BlackRock Chief Equity Strategist for Fundamental Equities, Robert Doll, told those at the PLANADVISER National Conference that the “vital signs of...
Law Firm Did Not Violate ERISA Anti-Cutback Rule
Paying a lump-sum distribution from a cash balance plan that was half of what a participant would have received if the plan had not been terminated was...