Is Open Architecture Worth the Effort?
The answer to this question will vary from adviser to adviser, but no matter whom you ask, it is hardly ever a matter of “yes” or “no.”
News
ERISA Class Exemption Change for INHAMs Released
Federal regulators have released a final amendment to Prohibited Transaction Exemption 96-23 that broadens transactions allowed for employee benefit plans whose assets are managed by in-house asset managers...
Howard University Selects ING as a 403(b) Provider
ING’s U.S. Retirement Services announced that it has been selected as the service provider for the Howard University & Howard University Hospital Savings Plan.
TIAA-CREF Adds Fiduciary Services Option
Through a relationship with Ibbotson Associates, TIAA-CREF will offer plan sponsors an additional option for independent, third-party fiduciary services.
Retirement Income Is a Living Case Study
When some of the country’s top retirement plan advisers gathered last week to discuss retirement income, Jim Brockelman, Managing Director at Putnam, pointed out that the entire topic...
BCG Securities Hires Director of Operations
BCG Securities, Inc., a full-service broker/dealer and advisory firm, announced Joseph Englert is its new Director of Operations.
AUL Appoints Vice President of National Accounts
The retirement services division of American United Life Insurance Company (AUL), a OneAmerica company, has hired Brandon Kaboski to be its new vice president of national accounts.
Tennessee–Lots of Country Singers, Very Few…
The Centers for Disease Control (CDC) released its State Indicator Report on Physical Activity, 2010, and found that Tennessee has the lowest percentage of physically active adults in...
Putnam Lifetime Income Tool Sparks Some Change
About one-third of participants using Putnam Investments’ Lifetime Income Analysis Tool have made changes to their deferral rates.
Pentegra Announces Two Sales Hires
Pentegra Retirement Services announced that Ken Jackson and Greg Hagan are new Regional Marketing Directors.
Northrop Grumman Plaintiffs Win Class Certification
A federal judge in California has certified as a class plaintiffs suing Northrop Grumman Corporation in an excessive 401(k) plan fee case.
Musto Named JPAM Retirement CEO
J.P. Morgan Asset Management announced that David Musto will become the Chief Executive Officer of J.P. Morgan Retirement Plan Services (RPS).
EBSA to Host Retirement Workshop for Women
The Department of Labor’s Employee Benefits Security Administration (EBSA) is co-sponsoring a Webcast on April 12 to help women with retirement planning issues.
DoL Announces ERISA Responsibilities Workshop
The Department of Labor’s Employee Benefits Security Administration (EBSA) is offering an “Understanding Your Responsibilities Under ERISA” workshop.
MFS Launches Global Multi-Asset and Absolute Return Funds
MFS Investment Management has launched MFS Global Multi-Asset Fund and MFS Absolute Return Fund.