News

Contribution activity could remain above the minimum requirement despite a bill that gives defined benefit (DB) plan sponsors funding relief, a report contends.  

Russell Investments compiled a handbook outlining the major issues facing corporate pension plan sponsors.

United Technologies Corporation (UTC) is helping participants tackle longevity risk with a new default investment option.   

Investor confidence softened somewhat in the second quarter, according to the Investor Sentiment Index, released Monday by John Hancock Financial Services.  

Web-based software introduced by Commonwealth Financial Network and IPS AdvisorPro helps advisers create fully compliant investment policy statements.

The Guardian Insurance & Annuity Company Inc. (GIAC) unveiled a website to help plan sponsors and plan participants navigate the 401(k) marketplace. 

Wilshire Associates Incorporated rolled out the Wilshire Compass Portal, an enhanced Web-based investment manager questionnaire that populates its PC-based fund management tool, Wilshire Compass.

Assets in employer-sponsored retirement plans, IRAs and annuities totaled $17.9 trillion at year-end 2011, up slightly from 2010, according to the Investment Company Institute (ICI).

Bryan P. Caisse, whose background is in mortgage-backed and fixed-income portfolio management, joined Performance Trust Investment Advisors LLC (PTIA) as senior portfolio manager.

Advantus Capital Management launched an institutional share class of the Advantus Strategic Dividend Income Fund, which invests in a...

Howard Schloss, head of corporate communications for the Financial Industry Regulatory Authority (FINRA), said he will step down in...

A concentrated equity fund launched by Natixis Global Asset Management (NGAM) seeks value opportunities across market capitalizations.

Allianz Life Insurance Company of North America created a planning tool to give investors and advisers a “framework for a retirement income strategy.” 

Almost 40% of registered investment advisers (RIAs) plan to hire additional staff in the next six months, TD Ameritrade...

High-net-worth women put a high premium on performance and personalization from their financial advisers, a survey by Schwab Advisor...

 BMO Retirement Services appointed Matt Smith as director of retirement sales and strategy.   

Alliance Benefit Group North Central States, Inc. launched a redesigned website. 

To help retirement plan fiduciaries navigate the maze of changing regulatory requirements, MassMutual's Retirement Services Division updated its fiduciary guide.  

J.P. Morgan Retirement Plan Services launched a mobile application for 401(k) plan participants.   

An SEI quick poll of 50 corporate defined benefit (DB) plan sponsors found 26% use a 3(38) fiduciary manager.