PANC 2011: What’s the Right Standard?
What are the definitions of plan and provider success and how do you measure it them?
News
DoL Introduces Form 5500 Version Selection Tool
The U.S. Department of Labor has released the Form 5500 Version Selection Tool to help plan sponsors determine which version of the form to use and which schedule...
Early Praise for EBSA’s Decision to Re-Propose Fiduciary Definition
Industry professionals, associations, and lawmakers are applauding the Labor Department’s decision to reevaluate its proposed changes to the definition of a fiduciary.
BofA Hires 180 Advisers in N.J.
Bank of America has hired 180 financial advisers to join the Merrill Edge wing of the banking giant.
Prudential White Paper Touts Benefits of Stable Value
Plan sponsors and participants have become more conservative in recent years, leading them to stable value products that preserve capital and deliver steady returns, according to a white...
Invesco Adds Consulting Series to PlanForward Program
Invesco is adding a consulting series to its PlanForward program, designed to help advisers and consultants build a compelling value proposition and enhance their brand recognition.
GuidedChoice Rolls Out Savings Tool for Participants
GuidedChoice has launched Retirement Readiness, a solution that allows retirement plan participants to see how prepared they are for retirement and helps them take action to improve their...
EBSA to Re-Propose Definition of Fiduciary Rule
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will re-propose its rule on the definition of a fiduciary.
Lincoln Financial Distributors Hires Sales Directors
Lincoln Financial Distributors (LFD) has added three regional sales directors to its Institutional Retirement Solutions Distribution (IRSD) team.
Fidelity Expands Spartan Equity Index
Fidelity Investments has expanded its Spartan equity index mutual fund line-up with five low-cost funds.
Pentegra Acquires National Life Group Division
Pentegra Retirement Services is acquiring National Life Group’s qualified plan administration business.
New Fiduciary Designation Program Announced
The new fiduciary designation, Global Fiduciary Strategist (GFS), is being offered by 3ethos, a fiduciary training firm.
PANC 2011: What’s an MEP?
Multiple employer plans (MEPs) can offer a cost-effective solution for companies that want to offer a retirement plan for their employees. How can you incorporate this growing plan...
IMHO: Working “Outs”?
Last week the Senate Finance Committee held a hearing on “promoting retirement security.”
PANC 2011: Beyond k
Who says defined benefit plans are dead? Panelists at the PLANADVISER National Conference in Orlando last week discussed the potential future of plan types other than defined...
Mandatory Workplace IRA Bill Returns
A pair of US Senators have introduced legislation they claim will “dramatically increase retirement savings.”
Frank Asks DoL to Back Off on New Fiduciary Proposal
You can add another voice to the chorus of those calling for the Labor Department to backoff of its proposed fiduciary definition expansion – Congressman...
Asset Managers Not Supporting Needs of Distributors
Distributors are changing the way they do business, leading them to seek creative, new alternatives from asset managers, according to a report from kasina.
Former TCW Fund Manager Liable for Stealing Trade Secrets, but Wins Pay Claim
Star bond investor Jeffrey Gundlach was awarded $66.7 million by a jury over his separation from money management firm Trust Company of the West (TCW), reports Reuters.