News

ADP released the ADP Plan Health Review, a tool to help plan sponsors measure the retirement readiness of their employees.

Kerry James has been named head of institutional distribution at Robeco Investment Management, effective June 1.

People still love their iPhones, but they love them a little bit less than they did a year ago.  

Wilshire Consulting has added actuarial services to complement its investment advisory and outsourcing business.

While people are optimistic and confident in numerous areas, a survey found concern, worry and a sense of unpreparedness on several financial fronts.

Regulators are offering relief for certain payment and filing deadlines for plan sponsors affected by the recent storms in Oklahoma.

Charles Schwab brought out a dividend income-focused money management strategy from ThomasPartners for independent registered investment adviser (RIA) clients.

Steven M. Perlman was promoted to managing director of Mesirow Financial’s investment advisory group.

Francesca Truska and David Ramirez joined New York Life Retirement Plan Services as relationship managers in technology and communications.

A court has rejected a retiree’s attempt to continue receiving pension overpayments caused by a glitch in a plan consultant’s computer system.

The Internal Revenue Service (IRS) is hosting a phone forum about the new 403(b) Pre-Approved Plan Program. 

Natixis Global Asset Management (NGAM) enhanced tools to help retirement plan advisers manage, improve and expand their practices.

Lindsay Scott has joined Buck Consultants, a Xerox company, as leader of the global survey team and principal in its knowledge resource center.

 Michael Weiner, a former bank vice president, was named chief investment officer of Unified Trust Company N.A. 

Ernest Jordan was hired as head of tax-exempt markets sales for the institutional retirement operations of ING U.S.

The Securities and Exchange Commission (SEC) charged Blake Richards, a registered representative of a broker/dealer, with misappropriating retirement savings from widows or widowers.

Light on retirement savings and burdened with student debt, African Americans continue making financial progress, according to the follow-up to Prudential’s 2011 study. 

A successful client/adviser relationship is 50% about investments and 50% about trust, according to Stacey Haefele, CEO of HNW, a marketing and technology firm.

The Aspen Institute presented a briefing to Congress last week on retirement and financial security.

Many 401(k) retirement plans allow participants to borrow from their accounts, which can lead to defaults and inadequate retirement savings.