News

Mercer Investment Consulting, Inc. has signed an agreement with Milliman, Inc., to acquire portions of its wholly-owned investment consulting subsidiary, Evaluation Associates LLC.

Jason Jeskey, a former practicing Employee Retirement Income Security Act (ERISA) attorney, has joined the Retirement Plan Advisory Group (RPAG) as a Senior Plan Consultant and ERISA Specialist. 

American Century Investments developed its Retirement Service Provider Overview (RSPO) Program to help plan providers and advisers working with plan sponsors collect and document information.

The SPARK Institute is accepting requests from the retirement plan community for possible changes to its lifetime income solutions data standards.

Fifty-five percent of Americans planning to retire in the next seven years are confident in their ability to generate a suitable retirement income, according to a recent Cogent...

The Mather Group, a group of retirement investment advisers (RIAs) led by Stewart Mather, has left Morgan Stanley and opened an independent office in Chicago.  

Those entering college desiring to give something back to the community, by majoring in Human Services and Community Organizations, might not be getting much back in their wallets.

The Buffalo Bills have stopped paying into the 401(k) plan for employees during the NFL lockout and potentially the rest of the year.

UBS Investment Bank has expanded its ETRACS Exchange-Traded Notes (ETNs) platform with the 2xLeveraged Long Wells Fargo Business Development Company Index.

TD Ameritrade Institutional now offers advisers a research-based software assessment tool that compiles a list of recommended customer relationship management (CRM) programs based on the needs of the adviser....

Many employees are hesitant to purchase an annuity, despite their desire for retirement income; however, some of these fears may be well-founded, Mercer says.  

Mutual of Omaha’s Retirement Plans Division will begin using Fiduciary Investment Reporting Manager (FiRM), which generates detailed investment comparisons for retirement products.

American United Life Insurance Company (AUL), a OneAmerica company, hired Chris Blair to be regional sales director for retirement services for Northern California and the Pacific Northwest.

The U.S. District Court for the District of New Jersey has dismissed a suit alleging John Hancock charged 401(k) plans excessive fees for investment services.

Peter Rappoport has been appointed Global Head of the Strategic Investment Advisory Group (SIAG) at J.P. Morgan Asset Management.

Lincoln Trust Company is rolling out “Managed Models,” a customized portfolio product designed specifically for the retirement industry.

Commonwealth Financial Network has made several upgrades to its Web-based client management tool, Client360. 

Insperity, Inc. announced a streamlined 401(k) deposit feature for its Workforce Optimization Solution clients.

Financial advisers and their clients would benefit from more precise information about their existing immediate income annuity contracts, according to the Retirement Income Industry Association (RIIA).

ftwilliam.com, a Software as a Service (SaaS) product from Wolters Kluwer Law & Business, is rolling out an integrated Web portal.