News

Sixty percent of workers surveyed now consider the workplace a “very important source” for their personal insurance and savings products.

The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, increased for the second month.

John Hancock made available its recently renamed Retirement Choices At series of target-date funds (TDFs) in the investment-only marketplace to plan sponsors.

Independent broker/dealer Securities America has designated October “Continuity Planning Month” to address the gap in understanding of the difference between continuity plans and succession plans.

Customer relationship management (CRM) software is not just “contact management on steroids,” according to a source at Schwab.

More than 62% of Baby Boomers plan to remain in the state they live in upon retirement, according to a PluteGroup study.

Multidiscipline practices (MDP) offer benefits to advisers and their clients, but face some unique obstacles, according to a study by NFP Advisor Services Group.

Debora Monacelli was hired as a conversion project manager at EPIC Advisors Inc.

ExpertPlan Inc. announced it has completed the acquisition of Suncoast Pension and Benefits Group Inc., a retirement plan third-party administrator (TPA).

 Because multiple employer plans (MEPs) have been touted as a solution to expanding retirement plan coverage for Americans, the Government Accountability Office (GAO) explored this option. 

Fidelity Investment’s Broker and Advisor Sentiment Index measures 7.6 on a scale of zero to 10.

Nationwide Financial Services added the Nationwide Fixed Select Contract to its retirement plan offerings to help participants grow plan assets and meet retirement needs.

The number of Fortune 100 companies offering new salaried employees only a defined contribution (DC) plan rose in 2012, a Towers Watson survey found.

Brian Frazer and Colleen Peters have been hired as client services specialists at EPIC Advisors Inc.

RetireReady, a customizable, turnkey participant education program to help independent advisers deliver value to retirement plan sponsor clients, was introduced by Commonwealth Financial Network.

Keith Watts has been hired as managing director and head of national sales for the Pyxis Capital distribution team. 

 Employees are making some positive changes to their retirement planning, but poor money management skills and long-term economic challenges present major obstacles.   

According to BNY Mellon, the funded status of U.S. corporate pensions increased for the second straight month to 75%, the first two-month winning streak since February.

Despite efforts to improve defined contribution (DC) plan participation and savings, employers lack confidence in the retirement readiness of their employees.

Religious denomination may have an impact on investments, according to researchers.