News

A survey of U.S. plan sponsors conducted by Finadium looked at the attitudes and opinions of institutional investors across securities lending, collateral management and custody.

Pershing Advisor Solutions developed a new guidebook called Developing a Sustainable Business and Succession Plan: An Independent Advisor’s Guide. 

Focus Financial Partners LLC (“Focus”) hired Garry Taylor as a director of adviser services.

Scott C. Evans, executive vice president and president of Asset Management, TIAA-CREF, has resigned.

 EPIC Advisors Inc. hired John M. Consul Jr. as a client services administrator.

Cerulli Associates projects that in 2013, the wirehouse channel will remain the largest distribution channel, despite significant decline of assets under management (AUM) from 43% in 2010 to...

BrightScope formed a strategic partnership with Arkovi.

FiPath for Advisors, an online marketing solution for financial advisers, is partnering with Arkovi, a financial services social media solution for archiving, compliance and market intelligence.

New York Life Retirement Plan Services added two veteran sales executives.

Putnam Investments hired Charlotte Walsh and Greg Weissman as consultant relations professionals.

The majority of advisers perceive themselves as providing a level of service that merits the title of financial planner (59%), however, 56% fall into the investment planner category.

Vanguard launched the Vanguard Target Retirement 2060 Fund. 

Bobby Layne, the Hall of Fame quarterback for the Detroit Lions, once described the perfect plan for generating an income in retirement: “The secret to a happy life,”...

TopRetirements.com released its list of the 10 worst states to retire. 

Castle Rock Investment Company (CRIC) hired Molly Vogt Noyes as a consultant.

Lincoln Financial Group named Donna MacFarland chief marketing officer of its Retirement Plan Services business.

A paper suggests that lowering deferral limits to 401(k)-type plans wouldn’t make much dent in the U.S. budget deficit and could result in workers not saving.

Companies continue to shift away from stock options and other “appreciation” awards toward a greater emphasis on full-value awards in their equity compensation plans.

Kidder Benefits Consultants acquired Lane & Associates and created a new entity called Kidder-Lane Actuarial Services LLC.

The Taft-Hartley Services team of BMO Institutional Trust Services named both Scott A. Hockenberry and Tyler Clark as vice president/relationship manager.