Practice Management

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It used to be that a messy desk was considered to be the sign of a cluttered and inefficient mind (at least by so-called efficiency experts).

More DC Participants Means More Questions

An anticipated 20% increase in defined contribution (DC) participants between 2007 and 2011 means a pool of 9.6 million people with potential questions regarding their plan, according to a new research report.

Poor Communication Costs Clients

Lack of communication can be extremely damaging to an adviser-client relationship, and is a frequent reason clients leave their adviser, a new survey says.

Auto Catch-Ups on Fidelity Drawing Board

Fidelity Investments is testing a new feature under which older participants already contributing at or close to the maximum to their 401(k) plans can "automatically" catch up.

Opportunities Abound for Advisers in Distribution Marketplace

Financial advisers will have many opportunities to win rollover dollars away from retirement plan providers as outflows from 401(k) plans increase and traditional plan providers do not have the retail experience necessary to capture them, a new report says.

Schwab Institutional Releases Two Reports to Help Independent Advisers

In conjunction with Moss Adams LLP, a provider of management consulting services to advisory firms, Schwab Institutional has released two reports to aide independent investment advisers with organization and business development, the leading barriers to firm growth.

Putnam and The Hartford Get High Marks From DALBAR

DALBAR released Wednesday its annual ranking of top customer service providers in the financial intermediary, mutual fund, broker/dealer, annuities, life insurance and retirement plan provider industry.

Opportunity Exists to Grow IRAs Through Plan Rollovers

The engine of growth for traditional IRAs is being powered by qualified plan rollovers and not new contributions, according to a new data analysis from the Washington, DC-based Employee Benefits Research Institute (EBRI).

Women Have Disconnect in Saving for Retirement

Although a majority of women (72%) say retirement is their primary investment goal, almost half of them (48%) do not participate in a retirement savings plan and 60% said they have not taken the necessary steps to prepare for retirement.

Merrill to Offer Better Bonuses to Advisers

Merrill Lynch has launched a new 2007 Focus on Growth bonus program for its 15, 700 financial advisers, through which its advisers will be eligible to receive payouts equal to as much as 30% of their revenue.