MassMutual Reports Success with Wireless Enrollment Product
MassMutual's handheld e4 technology has delivered an average on-site enrollment rate of 92% among those who previously were not contributing.
News
Morningstar Principia Adds Practice Management Software
Morningstar entered into an agreement to acquire Financial Computer Support, Inc. (FCSI), the company said.
NRP Announces Two More Acquisitions
National Retirement Partners, Inc. (NRP), has expanded its scope yet again, marking a dozen acquisitions in the third quarter of this year.
Employers Shift Retirement Savings Burdens from Participants
A report from Deloitte Consulting found that the number of employers with auto-enrollment and easy enrollment features is on the rise.
IMHO: What Will Participants Do?
At the moment, the industry is scrambling to respond to the DoL’s call for comments on the proposed participant fee disclosure regulations by September 8.
The Bill Gets Bigger for UBS
UBS today announced a comprehensive settlement, in principle, for all clients holding auction-rate securities (ARS), for an estimated cost of $900 million.
Some Sponsors Aren’t Fee Sure
Nearly one-fourth of plan sponsors surveyed by Mercer express a lack of confidence that fees associated with their 401(k) plans have been properly disclosed.
AXA Launches Retirement Lifestyle Web Site
AXA Equitable Life Insurance Company launched a Web site designed for people near or at retirement.
One-Fourth of Sponsors Lack IPS
In a recent survey by Cowden Associates, 25% of defined contribution plan sponsors reported not having an investment policy statement (IPS).
Principal Releases Retirement Income White Paper
A new white paper from the Principal Financial Group helps financial professionals guide their clients to a personalized retirement income strategy, the company said.
Advisers See Tax Management Playing Bigger Role
An SEI poll released yesterday found that many advisers think they could do more for their clients in the realm of tax management.
Millionaires Return from Bearish Terrain
Spectrem Group said its Millionaire Investor Index rose and Affluent Investor Index remained unchanged during July.
The Changing Face of Advisory Firms
The growth of the dually registered adviser mirrors a trend toward incorporating more financial planning in the adviser industry.
The Hartford Program Helps Advisers Sell Retirement Plans
The Hartford’s Retirement Plans Group introduced the “No Gaps Four-Point Sales System†to help advisers sell the company’s qualified plans as part of their retail sales initiative.
More than Money?
You may put out a lot of fires every day, but odds are the public doesn’t appreciate it.