SageView Hires Midwest Managing Director
SageView Advisory Group appointed Todd Kobayashi, CFA, as Managing Director, Investment Strategy of its Midwest team.
News
Putnam Announces Two Hires for Equity Teams
Putnam Investments announced that Aaron Cooper and Richard “Shep” Perkins will lead the firm’s global equity research and international equity investments teams.
Borzi Makes Case for Fiduciary Definition Change
Phyllis Borzi, Assistant Secretary of Labor of EBSA, told legislators it is imperative that impartial investment advice be accessible and affordable to retirement plan sponsors and participants.
ASPPA Supports Treasury’s Plan for Reducing Regulatory Burdens
In a letter sent to the Treasury, ASPPA said it supports the Department's initiatives regarding lifetime income distributions and relief for sponsors of safe harbor 401(k) plans who...
Buffalo Bills to Restore 401(k) Contributions
The end of the NFL lockout doesn’t just mean play can resume, it also means pay and benefits can resume.
New Approaches to Winning RIA Market Growing in Popularity
A recent report suggests that asset managers need to be using digital media to attract registered investment advisers (RIAs).
Retirement Plan Adviser Use Expected to Increase
The need for ongoing holistic service from a third party is leading many plan sponsors to opt for a retirement plan adviser that works on a fee or...
Great-West Retirement Names Regional Sales Director
Great-West Retirement Services has appointed J. Chris Luttges as regional 401(k) sales director for northern Virginia and the District of Columbia.
Small-Business Employees Could Use Financial Help
A MetLife study found only 16% of Baby Boomers employed by small businesses said that they are on track to achieve or have already achieved a financially secure...
Vanguard to Expand Admiral Shares
Vanguard announced that it will expand the availability of its Admiral Shares with six additional domestic and international equity index funds.
Nationwide Launches Alternatives Allocation Fund
Nationwide Funds Group is rolling out the Nationwide Alternatives Allocation Fund (NWAAX), a mutual fund offering seven alternative asset classes.
Russell Veterans Launch Acuitas Investments
Former Russell Investments Portfolio Managers Chris Tessin and Dennis Jensen have launched Acuitas Investments, LLC, a Seattle-based boutique investment firm offering multi-manager solutions.
Fidelity Finds Link between HSA Participation and 401(k) Balance
An analysis by Fidelity Investments found 401(k) participants with a health savings account (HSA) accrued more than twice as much in their 401(k)s as the average participant.
BNY Mellon Launching iPad App
BNY Mellon has launched Workbench Mobile, an iPad app enabling the firm’s institutional clients to authorize instructions and securely access key reports and account information.
ING Hires SVP for Midwest Region
ING Investment Management has hired Ken Sarafa as Senior Vice President, Institutional Sales and Relationship Management, with responsibility for the Midwest region.