Products

Paychex Inc., a provider of 401(k) recordkeeping services, launched Paychex Advisor Select 401(k) for fee-based financial advisers.

FiPath launched the Save Generation X! Campaign, which challenges 29- to 49-year-olds to take control of their financial future.

Pershing Advisor Solutions developed a new guidebook called Developing a Sustainable Business and Succession Plan: An Independent Advisor’s Guide. 

BrightScope formed a strategic partnership with Arkovi.

FiPath for Advisors, an online marketing solution for financial advisers, is partnering with Arkovi, a financial services social media solution for archiving, compliance and market intelligence.

Vanguard launched the Vanguard Target Retirement 2060 Fund. 

The average total plan cost for a small 401(k) plan (100 participants) is 1.3%. 

 Allianz Global Investors Capital (AGIC) is offering investors managed volatility investment strategies designed to lower expected portfolio risk while achieving above-benchmark returns. 

Franklin Templeton Investments launched Franklin Templeton Multi-Asset Real Return Fund for U.S. investors. 

BlackRock, Inc. entered into a definitive agreement to acquire Claymore Canada.  

State Street Global Advisors (SSgA) announced the SPDR S&P Small Cap Emerging Asia Pacific ETF began trading on the NYSE Arca on January 12.

 ING’s U.S. Retirement division launched the ING Lifetime Income Protection Program.    

 BNY Mellon introduced its Performance & Risk Analytics (P&RA) Mobile Dashboard application.   

 Aria Retirement Solutions introduced the first of its series of RetireOne guaranteed income solutions.  

Brown Advisory added a new mutual fund, the Brown Advisory Equity Income Fund.  

Schwab Retirement Plan Services Inc. launched Schwab Index Advantage, a 401(k) plan offer designed to lower costs, simplify investing and help workers better prepare for retirement. 

 The Principal Financial Group expanded its investment fiduciary support to include ERISA 3(21) and 3(38) fiduciary services.  

The SPARK Institute released spreadsheet templates of its Data Layouts for Non-Registered Investment Product Disclosures to Retirement Plan Participants.

Robeco Investment Management launched two mutual funds.

Ameritas Life Insurance Corp. acquired BNL Financial Corp. officially on December 31, 2011.