Cammack LaRhette Creates New Role for Practice Leader
Michael Volo has joined Cammack LaRhette Consulting (CLC) as practice leader for its New England office.
News
Strong Value Propositions Biggest Trend among Advisers
Through a national “listening tour," Transamerica Retirement Services has identified the most common trends among financial advisers in the retirement industry.
Straight from the Warehouse in Scranton…
If you’re missing Michael Scott this season and are still trying to figure out Robert California’s deal, do we have a product for you…
The Hartford Launches Fixed Index Annuities
The Hartford has introduced two fixed index annuities.
Alternative Investment Group Expands Investment Team
Alternative Investment Group has appointed Joel Gantcher as managing director, head of manager research, and Samuel Sussman as managing director, head of investment strategy.
MSSB Enhances DC Consulting Capabilities
Morgan Stanley Smith Barney has made enhancements to its consulting capabilities for defined contribution plans.
AXA Equitable Hires Sales Leader for 401(k) Unit
AXA Equitable Life Insurance Company selected Richard Frink to be its 401(k) national sales manager.
Dow Jones Launches RBP U.S. Small-Cap Index
Dow Jones Indexes launched the Dow Jones RBP U.S. Small-Cap Index.
Plan Must Pay Back Assets Wrongly Transferred to Ex-Spouse
A court has ruled that a defined contribution plan must repay a former participant funds that were wrongly transferred to an account of his ex-spouse, even though the plan...
Schwab Redesigns Educational Website
Charles Schwab has redesigned its educational website for personal finance.
Fidelity Examines Impact of Pension Protection Act
Fidelity Investments found more than half (51%) of its 401(k) participants are now in a plan that offers auto enrollment.
Granite Hires Head of Institutional Sales
Granite Investment Advisors has hired Peter McManus as senior vice president, head of institutional sales.
UBS Develops Mobile App for Advisers
UBS Wealth Management Americas (WMA) is adopting a new mobile technology strategy for its financial advisers, called UBS FA Mobile.
MetLife Survey Finds a Changing "American Dream"
An "American Dream" that is less conventional and more personalized is emerging, according to a MetLife study.
Towers Watson Suggests Stable Value Strategies Becoming Riskier
Towers Watson believes that stable value investors should be aware of a few shifts brought on by a combination of an underlying structural change and recent economic stress.
New Practice Management Consultant at CUNA Mutual
CUNA Mutual Group has named Randy S. Fuss as a Practice Management Consultant.
More Mass Affluents Seeking Guidance from Financial Advisers
Although one in five mass affluent investors are saving more this year than last, many are struggling to reach long-term financial goals, according to a Bank of America survey....
Fiduciary Benchmarks Rolls Out Plan Design Optimization Tool
A recently introduced tool from Fiduciary Benchmarks seeks to help plan sponsors optimize their plan design and improve their participants’ retirement readiness.
401(k) Sponsors Increasing Focus on Investments
A PSCA survey found that while companies are in the process of restoring contributions, they are also increasingly focused on plan investments.
Virtus Investment Adds Sales Team for B/Ds and RIAs
Virtus Investment Partners is expanding its sales force with a new team to focus on the independent broker and registered investment adviser (RIA) channels.