News

An analysis of proposals to change the tax treatment of 401(k)s indicates a negative impact on participant accounts.

Russell Investments announced a strategic relationship with Lincoln Financial Network. 

Thirty-five percent of Americans think it is possible for a middle-income family to save for a secure retirement. 

Great-West Retirement Services appointed Carey Lindsey as regional sales director for Houston. 

Judy Diamond Associates launched a Directory of Retirement TPAs.

Nearly half (49%) of all employees say, because of the economy, they are counting on employers’ benefits programs to help with their financial protection needs.  

The Government Accountability Office (GAO) reemphasized its recommendation that the Department of Labor (DoL) provide guidance for defined benefit (DB) plans that invest in alternatives.

Matrix Financial Solutions will provide its plan data feed service, part of the Matrix Broker/Dealer (BD) solutions suite, to UBS Wealth Management US.

Stephen Wilkes joined The Wagner Law Group in its San Francisco office. 

Former Northrop Grumman employees failed to prove that the company intended to mislead employees with a contradiction from plan terms in its summary plan description (SPD).

Castle Rock Investment Company (CRIC) added Kristen Sanchez as director of communications.

According to J.P. Morgan Asset Management’s 2012 market predictions, areas of concern for investors in 2011 have been some of the best-performing areas so far this year.

Mutual of Omaha’s Retirement Plans Division will begin offering a new online retirement education service. 

A webcast by The Spark Institute examined details of the Department of Labor’s (DoL) final 408(b)2) regulation. 

Castle Rock Innovations, LLC (CRI) is offering tools that focus on benchmarking fees and services.

 Paul Petroff joined AKT Retirement Plan Services, LP as an actuary. 

According to the Commonfund Investor Outlook Survey, institutional investor expectations for 2012 remain strong.  

Most advisers and their clients have different opinions on how a portfolio’s performance should be measured, according to Russell Investments’ latest quarterly survey of U.S. financial advisers.

Citi released a white paper that details issues facing broker/dealers and registered investment advisers (RIAs) with delivering services to meet recommended changes to fiduciary requirements.

Beirne Wealth Consulting, LLC (BWC) added Phil Sloan as a senior institutional consultant for its Institutional Consulting business.