BrightScope Unveils 401(k) Fee Reports for Participants
BrightScope said its new Personal 401k Fee Report product allows 401(k) plan participants to figure out what they pay in fees.
News
SunGard Launches Financial Planning Tools for Advisers’ Clients
SunGard has launched MyWealthSeries, a set of online financial planning tools for advisers to offer their clients and prospects from their own Web sites.
Participants Go With the Flow in 2009
Participants who were inclined to rebalance their accounts in 2009 tended to follow the market, according to a new report.
‘Risk Efficient’ Index Series Debuts
Index provider FTSE Group and the EDHEC-Risk Institute have launched a new set of “risk efficient” indexes.
Teachers Sue VALIC over 403(b) Investments
Two teachers have filed a lawsuit against VALIC, claiming the firm misled them about purchasing annuities for their 403(b) accounts.
Dabbling Out, Specializing In for MSSB Retirement Plan Advisers
As the defined contribution (DC) arena becomes more complex and competitive for financial advisers, Morgan Stanley Smith Barney (MSSB) is focusing its efforts on a lineup of retirement...
FIA Lands USI Consulting Group Exec
Fiduciary Investment Advisors, LLC says that Christopher Rowlins has joined the Windsor, Connecticut-based firm as a consultant.
Bankruptcy Doesn’t Relieve Plan of ERISA Mandates
A Department of Labor (DoL) administrative law judge has rejected the appeal by a 401(k) plan administrator of an $86,500 civil penalty, ruling that bankruptcy did not relieve...
Boutique Fund Managers See Growth in Down Economy
A listing of the fastest-growing active fund managers in 2009 includes mostly smaller firms.
Bond Funds See Record Inflows in 2009
U.S. investors’ use of bond mutual funds reached record levels in 2009.
Poll Finds Positive Money Managers
Fund managers polled late last year were significantly more optimistic about their business prospects than those surveyed at mid-year, according to Cerulli Associates.
Popularity of ETFs Continued to Grow in 2009
In 2009, exchange-traded funds (ETFs), including exchange-traded notes (ETNs) drew $114.4 billion in net inflows, according to Strategic Insight, an Asset International company.
Kravitz to Offer Cash Balance Plan Administration Workshops
Kravitz, provider of cash balance plan design and administration, is launching a series of free Cash Balance Administration workshops and Webinars for plan sponsors.
Schwab Performance Lowers Fees for Portfolio Services
Schwab Performance Technologies (SPT), a provider of technology solutions for registered investment advisers (RIAs), announced changes to its pricing structure.
401(k) Benefits Properly Paid to Ex-Wife
A federal judge in Massachusetts has rejected claims that a deceased 401(k) participant’s plan balance should have been paid to his estate instead of to his ex-wife, who...