News

linkedFA, the first social networking Web site that enables financial professionals to leverage social media compliantly, announced the beta release of a mobile version of www.linkedFA.com.  

LPL Financial’s ClientsFirst platform was first introduced in 2009, but has been revamped to better serve its retirement plan advisers.  

Based on a nationwide survey of more than 3,000 working adults, Putnam Investments has debunked several perceptions about American’s level of retirement readiness.  

As part of its efforts to comply with the President’s executive order for agencies to find ways to reduce regulatory burden, the U.S. Department of Labor has launched...

Almost half (46%) of middle market plan sponsors who switched providers in 2011 say they did so to upgrade their plan, according to a recent Spectrem Group study.

The first study by the newly launched Putnam Institute suggests most lifecycle fund offerings in today’s market are too aggressive in their equity exposure

The Multnomah Group announced the addition of John Chavez as Regional Director for Southern California.

Brandes Investment Partners & Co. (BIPCo) has expanded its investment servicing relationship with State Street to include its Canadian pooled funds totaling $1 billion Canadian dollars in assets.

Nationwide Financial is expanding its lineup of fiduciary tools and services for retirement plan sponsors and financial professionals with a 3(38) Investment Fiduciary Service from IRON Financial. 

Mercer's Outsourcing business has added three services to its benefits administration platform all related to financial planning.

John Hancock Retirement Income & Rollover Solutions (RIRS) announced the formation of its Consolidation Services group for retirement plan participants.

Pacific Investment Management Company (PIMCO) selected J.P. Morgan to offer five of its U.S.-registered exchange-traded funds (ETFs) on the Mexican Stock Exchange.

The Chicago Regional Office of the Employee Benefits Security Administration (EBSA) and the Internal Revenue Service (IRS) announced a Voluntary Fiduciary Correction Programs Workshop.

benefitsCONNECT announced that it has partnered with BackBone Inc., a health and technology communications firm, to provide brokers with a social media-driven user-engagement program.

Employer-sponsored retirement plans continue to shift away from defined benefit (DB) plans toward defined contribution (DC) and Roth 401(k) savings plans, according to SHRM’s 2011 Employee Benefits report.

Investment management firm Brinker Capital has announced that seven exchange-traded funds (ETFs) have been added to its defined contribution (DC) retirement plan offering.

While innovation is considered to have produced mixed results over the last decade, asset owners have retained an appetite for innovation, as long as specific principles are met.

In the first half of fiscal 2011(1H11), the Securities and Exchange Commission (SEC) settled with 344 defendants, bringing predictions for the full year to 688 settlements, compared with...

SKCG Group, a risk management and insurance adviser, has designed a comprehensive program for hedge funds that includes a “Start-Up Kit” for emerging managers. 

Four out of 10 U.S. employers expect to spend more time governing their employer-sponsored retirement plans over the next two years, according to a survey by Towers Watson.