Schwab Survey Says Automatic Features, Advice Continue to Gain Ground
A new survey finds continued expansion of participant-friendly plan features.
News
SPARK Issues Draft Best Practices for 403(b)s Filing Form 5500
The SPARK Institute has released for public comment draft Best Practices for ERISA-covered 403(b) plans that must file a full Form 5500.
Wolters Kluwer Launches Automated Amendment Software
Wolters Kluwer Law & Business has launched ftwPro Amend as part of its ftwilliam.com portfolio.
Mesirow to Provide Strategic Asset Class Models for ABG
Mesirow Financial has been engaged to provide strategic asset allocation models for participants in client plans offered by Alliance Benefit Group (ABG).
More Younger Investors are Making the Conversion to Roth IRAs
In an analysis of households that have converted to a Roth IRA, Fidelity Investments has found that a growing number of younger investors are making the conversion.
Van Eck to Announce India Small-Cap ETF
Van Eck Global has scheduled the August 25, 2010, announced launch of its Market Vectors India Small-Cap Index ETF (SCIF).
Wilmington Trust Names Baldwin Moody to Risk Management Role
Wilmington Tryst has hired Carol Baldwin Moody as senior vice president and chief risk officer to head a newly centralized Enterprise Risk Management Division.
Northern Trust New Hire to Increase Exposure to Public Funds Market
Northern Trust announced that Luke Howe has joined the Client Solutions Group at its asset management arm, Northern Trust Global Investments (NTGI).
Chatham Partners Announces Director of Multi-Client Research
Chatham Partners announced that Luis Fleites has joined the firm as Vice President and Director of Multi-Client Research.
IMHO: Double Dipping?
Last week, Fidelity published some data from their quarterly analysis of participant activity.
Hartford Shakes Up Wealth Management Unit
The Hartford is restructuring its Wealth Management unit, breaking it into four segments: global annuities, mutual funds, retirement plans, and individual life, under wealth management president David Levenson.
Transamerica “Unlocks” Social Security
A new education program from Transamerica gives advisers non-product specific guidance to help them educate their clients about Social Security, according to a recent announcement.
UBS Revives Adviser Training Program
UBS AG’s U.S. wealth management arm is hosting its first broker training class in two years, another sign that firms are seeking new ways to expand their recruiting...
McColgan Joins Primerica Board of Directors
Ellyn McColgan, the former head of wealth management at Morgan Stanley, has joined the board of financial services firm Primerica Inc., according to a recent announcement.
Fidelity Finds Q2 Uptick in 401(k) Withdrawals
A new analysis finds indicates that while many 401(k) participants continue to stay the course, they’re also pulling more money out of those plans.
O’Connor Moves to MSSB
Ed O’Connor has joined Morgan Stanley Smith Barney as managing director and the head of Retirement Services.