News

 UBS Global Asset Management, a division of UBS AG, named Christine Schneider as executive director and consultant relations manager on its U.S. consultant relations team.   

 Amp, an interactive marketing tool, was introduced by Boulevard R for advisers to use with prospects and clients on an iPad.   

 David L. Wray, president of the Plan Sponsor Council of America (PSCA), will retire effective September 30.   

Fidelity Investments launched its first global equity income funds.  

Sustainable investing has become of more interest to investors and plan sponsors.

 Teri Hutchison joined Pensionmark Retirement Group at the firm’s new Santa Clarita office, added to the advisory network in April.  

 A majority of women act as chief financial officers of their households, making most of the financial decisions or sharing responsibility.   

 Investors put only $26.5 billion in net inflows into stock and bond mutual funds in the U.S. in April.     

The median return of BNY Mellon’s U.S. Master Trust Universe was 7.12% for the first quarter of 2012. 

Advisers and plan participants can learn from the experiences of current retirees.

Arnerich Massena Inc. hired Chris Van Dyke as investment adviser.  

 Penn Liberty Wealth Advisors, a division of Penn Liberty Bank in Wayne, Pennsylvania, expanded its team with three hires.   

Most of us find multitasking appealing. And media multitasking—reading a book while watching TV—is irresistible, even when the results are less than optimal.

Doug DeNigris was named MassMutual Retirement Services Division’s national practice leader for the Taft-Hartley market segment. 

Households relying on Social Security benefits to cover health care costs should expect medical bills to consume 61% of their Social Security payments by 2027.  

The Department of Labor’s Employee Benefits Security Administration (EBSA) scheduled two “Getting it Right: Know Your Fiduciary Responsibilities” seminars.

 Forty-nine percent of Americans say they are not contributing to a retirement plan, according to a survey from LIMRA.     

 Robert Kurak joined The Segal Company as a vice president and consulting actuary.   

DCAdvisors announced the addition of John Rowe to the client consulting group and the firm’s leadership team.

FiPath for Advisors introduced ReferMyAdvisor, which generates prospective clients through an automated e-mail marketing platform that contacts an adviser’s existing clients.