News

Diversified has released a white paper about improving retirement plan enrollment. 

 John Hancock Life Insurance’s Advanced Markets Group developed two technology tools for funding retirement appropriately, and helping project estate values and taxes.   

  The Securities and Exchange Commission (SEC) took another step toward regulating over-the-counter (OTC) derivatives by approving rules and interpretations for key definitions of certain derivative products.      

Callan Associates hired Yosangel G. Haddad as vice president.  

 Total alternative assets managed on behalf of pension funds by the top 100 managers (ranked by pension fund assets) was $1.2 trillion in 2011.

Michael Hull and Patrick Hull have launched bluepoint Investment Counsel LLC.

The Retirement Advisor Council released a template request for proposal (RFP) questionnaire for use by 401(k) and 403(b) plan sponsors looking to select an adviser.  

The Securities and Exchange Commission (SEC) named Norm Champ director of the agency’s Division of Investment Management.

New pension rules may provide relief for underfunded pension plans, but they can also increase risk, according to Karin Franceries of J.P. Morgan Asset Management.

Broadridge Financial Solutions Inc. collaborated with BlueRush Digital Media to create an online communication solution for financial advisers.

 The Securities and Exchange Commission (SEC) appointed Ken C. Joseph to lead the Investment Adviser/Investment Company Examination Program in the agency’s New York office.   

Identifying a plan sponsor’s objectives for a defined contribution (DC) plan should drive the investment consulting process.

Financial Plan Inc. of Bellingham, Washington, launched a new branch of business dedicated to 401(k) plans.

ING’s U.S. Retirement business hired Dan Kretz as regional vice president of sales for the company’s small to midsize corporate retirement plan markets.  

Pentegra Retirement Services appointed Pete D’Angio national director in nonprofit markets.

Alliance Benefit Group-Pentegra hired Esta Park as a regional director. 

The funded status of the typical U.S. corporate pension plan rebounded 1.8 percentage points to 71.6% in June, according to the BNY Mellon Pension Summary Report.

The Department of Labor’s Employee Benefits Security Administration (EBSA) announced a workshop in South Carolina for retirement plan fiduciaries.

Most of us want the same things when we fly: a hassle-free experience, pleasant interactions with ground and air crew, and please, first bag free!

The company, Savant Capital LLC, will provide strategic advantages and efficiencies, and have nearly $2.7B assets under management.