How to Manage Affluent Investors in Financial Crisis
As the main source of financial information for affluent investors, advisers can help them move through the crisis.
News
Ex-Fidelity Workers Strike Deal on Gift Probe
Eight (mostly) former employees of Fidelity Investments have reached preliminary settlements with the U.S. Securities and Exchange Commission (SEC) in a gift-taking probe, according to Reuters, citing court...
Lincoln Merges Annuities into Workplace Plan
Lincoln Financial Group combined its two micro-small market group variable annuity offerings into a workplace retirement plan.
Wilmington Trust Completes Acquisition of UBS Fiduciary Trust Company
Wilmington Trust Corporation said it completed the acquisition of UBS Fiduciary Trust Company (UBSFTC).
NextQ Portfolio Changes Name
The PowerShares NextQ Portfolio has changed its name to the PowerShares NQX Portfolio.
McCain, Obama Back Loosening RMD Rules
Retirees feeling hemmed in by minimum distribution requirements got some support from the two leading presidential candidates.
IMHO: 'Due' Process
The recent market tumult has hit Main Street in its retirement pocketbook—and some are once again fretting about their “201(k)s.″
Fidelity Alum Carney Joins Reynolds at Putnam
Putnam Investments has named Jeffrey R. Carney as senior managing director and head of global marketing and products.
EBSA Schedules Advice Rule Public Hearing
The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) scheduled an October 21 public hearing on its proposed regulation for providing retirement plan investment advice.
EPIC Leaps into 403(b) Plan Market
EPIC Advisors, Inc. will now deliver its suite of products and services to the 403(b) retirement plan market.
Alliance Benefit Group Launches Video Enrollment System
Alliance Benefit Group, LLC, announced the launch of a version of SmartPlan 401, an interactive video-based education and enrollment system designed to engage employees.
Providing Guaranteed Income Is Top Priority for Americans
A Transamerica Retirement Survey reveals that Americans want the next President and Congress to focus on guaranteeing retirement income.
Matrix Distributes Participant Education Materials
Matrix Communications Technologies announced the rollout of three retirement plan education products.
EBRI: Participation Rates See Increases
Workplace retirement plans enjoyed an across-the-board participation hike in 2007—the first such increase since 1998.
Bellatore Financial Acquires Advisor Partners
Bellatore Financial, Inc. announced it will acquire Advisor Partners, LLC, as a wholly owned subsidiary.
Advisers Think Bailout Will Work, Survey Says
The majority of advisers in a recent survey expect the government’s rescue plan for Wall Street to help the market rise.
Scientific 'Notations'
Did you know fleas that live on a dog can jump higher than fleas that live on a cat?
Employer Plan Participation Rates Indicate Retirement Crisis
A report from the AARP Public Policy Institute suggests inadequate legs on the three-legged stool for retirement savings will mean a bleak retirement for many.
DoL Sues Firm for Abandoning Plan without Distributing Assets
The U.S. Department of Labor sued the now-defunct People Unlimited Consulting Inc. and two of its executives for violating the Employee Retirement Income Security Act (ERISA).
Treasury Extends Money-Market Guarantee Program
The U.S. Treasury Department announced Wednesday a technical correction that will permit additional money market funds to participate in its Temporary Money Market Fund Guarantee Program.