Daily Access to Use CLS Investments’ Model Portfolios
Mid Atlantic Trust Company (MATC) announced that third party administrator Daily Access Corporation will be using the firm’s ModelxChange platform.
News
Fund Managers Use Institutional Shares to Stay Competitive
Cerulli Associates' latest managed accounts-focused research indicates mutual fund advisory programs (MFA) will experience slower growth in the coming years.
IMHO: “Smoke” Signals
Plan sponsors spend a lot of time wondering—and worrying—about the “right” way to do things.
Law Firm Supports Making ESOP Valuators Fiduciaries
The law firm of Lewis, Feinberg, Lee, Renaker & Jackson supports the Department of Labor's (DoL) proposed inclusion of valuators of closely-held employer securities in the definition of...
Lawmakers Introduce Legislation to Promote ESOPs
Congressman Ron Kind (D-Wisconsin) has introduced the "Promotion and Expansion of Private Employee Ownership Act of 2011."
Limited Scope Audits Misunderstood by Some
The 2010 ERISA Advisory Council found that deficiencies in limited scope audits of retirement plans may be due to some misunderstandings.
Group Offers Recommendations for Retirement Plan Audits
The 2010 ERISA Advisory Council found significant problems with retirement plan audit quality, auditor quality, or both.
Workplace DC Offering Key to Retirement Readiness
The ability to participate in a defined contribution (DC) retirement plan at work is imperative for having enough money to afford basic expenses and cover uninsured medical care...
Appellate Court Rules in Favor of Plaintiff
A U.S. appeals court found that fiduciaries of the bankrupt Rock Island Corporation can be liable for allowing retirement plan participants to select company stock as an investment...
Barclays Introduces Commodities ETNs
The new commodities are part of the iPath Exchange Traded Notes (ETNs) series, linked to Barclays Capital Pure Beta Indices.
Turner Emerging Growth Fund Reopened to New Investors
Turner Funds has reopened the Turner Emerging Growth Fund to new investors after being closed for 11 years.
Mutual of Omaha Adds Funds to Retirement Platform
Mutual of Omaha’s Retirement Services recently added funds to its investment lineup, including Vanguard Target Retirement Funds.
Capital Strategies Names Director of Investment Operations and Analysis
Jaime Mauppin has joined Capital Strategies Investment Group (CSIG) as Director of Investment Operations and Analysis.
JPMAM Adds to Fixed Income Team
J.P. Morgan Asset Management has hired Bob Fields as Executive Director and Client Portfolio Manager in the Tax Aware Fixed Income Group.
Retirement Concerns Come in Third, PwC Finds
Meeting day-to-day expenses is more of a concern for U.S. employees than funding retirement, according to PricewaterhouseCoopers (PwC).