Search results for: SCO
Money Smarts for Kids and Young Adults
How do financially savvy adults get their money skills? Research shows that childhood is a great place to start.
Firm Not Liable for Botched Benefit Estimates
A lawsuit filed by a former Banco Popular de Puerto Rico (BPPR) employee claiming his monthly pension benefit was substantially lower than the amount promised during his working...
Managing Risks for DC Retirement Plans
Defined contribution retirement plan sponsors are subject to many risks, which ultimately put a company’s reputation at risk, experts at Sibson Consulting note.
Lockheed Lump-Sum Payments Highlight Opportunity
Lump-sum payments from Lockheed Martin’s defined benefit pension plan to certain former employees significantly reduced its pension benefit obligations—though not enough to offset a mortality-related increase.
Salient Partners to Acquire Forward Management
Salient Partners announced it will acquire Forward Management, an independent asset management firm based in San Francisco and investment adviser to the Forward Funds.
trendspotting
Breaking Down Savings Barriers
Proof that advisers play a critical role in boosting balances
learner's permit
Everything You Need to Know About … ClearSide
Your retirement plan advisory firm and team may be dedicated to participant retirement readiness, and may have helped plan sponsors create strong policies and messages—but do you have...
Getting the Best Service from an OCIO Provider
Trust, transparency and time are essential ingredients of the successful OCIO relationship, says Towers Watson in its annual Global Investment Matters publication.
Aegon Sued Over Management of Its Retirement Plan
A lawsuit claims retirement plan provider and asset manager Aegon USA caused superfluous fees to be charged to its own retirement plan.
Merrill Lynch Unveils Expanded Capabilities
Merrill Lynch Clear has announced the roll-out of products enabling clients to better prepare for and live comfortably in retirement.
Merrill and USC Introduce Longevity Training Program for Financial Advisers
Merrill Lynch and the University of Southern California Leonard Davis School of Gerontology announced a training program that provides insight into the opportunities and challenges of increasing longevity.
Beneficiary Designation Forms Not Governing Plan Documents
An employer’s retirement plan documents did not incorporate beneficiary designation forms in its language or appendices,...
ERISApedia Provides Answers and Discourse
The launch of ERISApedia.com provides retirement plan sponsors, administrators, attorneys and advisers with easy access to compliance information and important retirement industry materials.
Gap Remains Between Income Needs and Planning
The good news from a new TIAA-CREF survey is that Americans acknowledge the importance of a lifetime income plan. The bad news: few take action to create one.
Cap on Savings Raises Industry Hackles
President Obama’s proposed budget once again looks to cap retirement plan savings to about $3 million per investor.
Do DC Plans Have a Funded Status?
Retirement specialist advisers should take a page from the pension plan playbook in helping DC clients overcome common misconceptions about retirement investing, says Rod Greenshields of Russell Investments.