News

Prudential Financial hired Kathryn Sayko to be managing director for its Strategic Solutions Group.

Pioneer Investments is partnering with Fiduciary Benchmarks, Inc. (FBi), a consulting firm specializing in providing plan fiduciaries with information on the reasonableness of fund fees.

U.S. Retirement Partners (USRP) has acquired USD Insurance and Financial Services, Inc. (USD), a 403(b) provider serving the K-12 education market. 

The Better Life Initiative was launched this week, which aims to measure aspects of success in a society besides its gross domestic product.   

J.P. Morgan Retirement Plan Services (RPS) has launched an online social media forum for plan sponsor clients, called Voice of the Community. 

SageView Advisory Group has opened an office in Houston, Texas, to be headed by Eric Grimes.

Bo Lee and Matt Maier have joined SageView Advisory Group to expand the firm’s services into the executive benefits arena. 

An HSBC survey of 17,000 respondents worldwide found, on average, those who have financial plans based on financial advice have amassed over three-and-a-half times (357%) the retirement assets...

Loring Ward Total Retirement (LWTR) will provide advisers the ability to work with a range of retirement plan solutions.

Michael A. Coelho and Brenda Tarjan are the newest members of the SageView Advisory Group, an independent retirement plan advisory firm. 

ING Insurance U.S. has appointed Maliz E. Beams as CEO of ING Retirement.

Matthews International Capital Management, LLC, adviser to the Matthews Asia Funds, has launched an extension of its fund lineup to include a portfolio dedicated to investing in small,...

The SPARK Institute urged the Department of Labor (DoL) to issue new rules that permit widespread use of electronic media for required disclosures to retirement plan sponsors and...

PlanTools has completed its “Revenue Sharing Database,” which houses and automates the disclosure of open architecture and group annuity revenue sharing agreements.

Lincoln Financial says to reach a secure retirement, one should aim to save ten times his or her annual income. 

The majority of individual investors (58%) say they’ve lost faith in the stock market and nearly half are not likely to ever put more money into the market,...

Steven Harding, formerly of Independent Fiduciary Services (IFS), has started P2E Consulting Group LLC.

Institutional investors are taking more time to change investment managers or asset allocations than they did before the 2008 financial crisis, according to Mellon Transition Management (MTM).

The American Society of Pension Professionals & Actuaries (ASPPA) says proposals to scale back or eliminate retirement savings tax incentives for 401(k) plans are based on misleading math.

Older investors are unhappy with the traditional advice and guidance model, in which one pays for advice on investment selection, but receives planning advice as a "free" bonus.