News

A new FAQ from the Internal Revenue Service addresses when a plan administrator may answer “yes” to Question 8 on the new Form 8955-SSA, affirming that the required...

 BNY Mellon introduced its Performance & Risk Analytics (P&RA) Mobile Dashboard application.   

David J. Kershner, FSA, EA joined Cassidy Retirement Group (CRG) as a consulting actuary.

James D. Racine joined Baden Retirement Plan Services as vice president.  

Plan sponsors are not fully knowledgeable of their plan administrative fees.

Only 8% of women strongly agree they are building a large enough retirement nest egg. 

More than half (58%) of Americans indicate they would feel more confident about their finances if they had a financial plan in place.  

Mike Ziccardi joined the Paybridge team as director of strategic partnerships.

Saving for retirement and protecting their families in case of death is important to Americans across generations. 

 Aria Retirement Solutions introduced the first of its series of RetireOne guaranteed income solutions.  

Brown Advisory added a new mutual fund, the Brown Advisory Equity Income Fund.  

Schwab Retirement Plan Services Inc. launched Schwab Index Advantage, a 401(k) plan offer designed to lower costs, simplify investing and help workers better prepare for retirement. 

Bruce Rodio was named senior investment adviser at Towers Watson. 

Institutional investment managers are gaining confidence in the U.S. economy, according to a quarterly survey conducted by Northern Trust.

Kidder Benefits Consultants appointed Ray Hansen as regional pension consultant.

Education was chief among priorities for plan sponsors and advisers in 2011, according to Kevin Crain, head of institutional retirement and benefit services for Bank Of America Merrill...

ETF flows topped $19 billion in December 2011.  

National Financial Partners Corp., a provider of benefits, insurance and wealth management services, acquired AGS Benefits Group, LLC (AGS Benefits).

 The Principal Financial Group expanded its investment fiduciary support to include ERISA 3(21) and 3(38) fiduciary services.  

Monocacyfabs Inc., of Bethlehem, Pennsylvania, has been ordered to restore $34,000 to its 401(k) plan.