QDIA Workshop to be Developed for Advisers

Saying that plan sponsors looking to use Qualified Default Investment Alternatives (QDIAs) will turn to investment advisers for help, DALBAR and the Foundation for Fiduciary Studies are banding together to create a workshop focused on educating advisers about the investments.

NAVA Extends STP Initiative to Independent B-D Distribution Market

NAVA, Inc. the association for Insured Retirement Solutions, is extending its straight-through processing (STP) initiative to the independent annuity distribution channel with the help of the Financial Services Institute (FSI), an advocacy group for independent broker-dealers and financial advisers.

GIAC Offers Managed Account QDIA

The Guardian Insurance&Annuity Company, Inc. (GIAC) has announced it is now offering plan sponsors a managed account as a qualified default investment alternative (QDIA).

Claymore Announces New International ETFs

Claymore Securities, Inc. has announced the launch of two new exchange-traded funds (ETFs), the Claymore/Zacks Country Rotation ETF (CRO) and the Claymore/Zacks International Yield Hog Index ETF (HGI).