Search results for: SCO
Demand, Costs Both Up for Summer Travel
Even though the cost of travel is up from last year’s figures, bookings are also up, according to an American Express Travel survey.
M Financial Adds J.P. Morgan Retirement Link to Platform
M Financial Group, a financial services distribution company based in Portland, Oregon, has added J.P. Morgan Asset Management’s Retirement Link plan offering to its retirement plan platform.
Employers Recognizing Need for Financial Education
More employers are recognizing employees need financial education programs to help them deal with financial challenges.
Utah Man Defrauded IRA Investors Out of $22M, SEC Says
Curtis L. DeYoung squandered more than $22 million of investor funds on high-risk investments, the Securities and Exchange Commission (SEC) said in a statement.
Case Shows Importance of Using Caveats
Caveats included in pension benefit statements provided by Ford Motor Company saved the company from liability in a recent court case.
Advisers Can Wave Red Flags, Too
It’s well known that federal auditors look for red flags to target review efforts, but one service provider says retirement plan advisers should use them for better business...
Best Practices for Handling Uncashed Checks
Some plan sponsors are unsure about best practices for handling uncashed retirement plan benefit checks, but a new paper aims to help.
Mercer Addresses Misconceptions About DB Lump-Sum Windows
While offering lump-sum distribution windows to terminated, vested participants could reduce the liabilities of a defined benefit (DB) plan, some plan sponsors are still hesitant to use this...
Ascensus Launches Ascensus Consulting
Retirement and college savings plan administration services provider Ascensus launched Ascensus Consulting.
Invesco Slices Stable Value for Easy Comparison
The SVAnalyzer was created to evaluate 10 critical factors that can make it difficult to compare one stable value investment with another.
Voya Adds to Retirement Solutions Staff
The retirement solutions business of Voya Financial (formerly ING U.S.) announced two additions to its Large Corporate Market team.
BlackRock Argues To-Retirement TDFs Are Best
The glide path of a target-date fund (TDF) should reach its landing point at the investor's actual retirement date, according to a new BlackRock study.
Merrill Lynch Unveils Holistic Wellness Program
A new financial wellness program from Merrill Lynch helps clients assemble and compare competing financial concerns while also shaping an individualized, goal-oriented path towards a better retirement.
Employees Taking More Responsibility for Financial Stress
Employees are recognizing that their financial vulnerabilities are most likely resulting from factors they can control rather than external factors such as the economy or stock market, a...
7 Steps for Social Media Engagement
The world of social media is constantly evolving, and to successfully market yourself to plan sponsors using social media, you must evolve with it.
RCH Introduces Missing Participant Search Service
Retirement Clearinghouse LLC (RCH) introduced an Internet-enhanced, comprehensive search service to locate missing retirement plan participants.
Schroders Names North America Institutional Leader
Global asset management firm Schroders hired Marc Mayer to lead its institutional business initiatives in North America.
Do You Recommend a Fee Policy Statement?
Fee policy statements are in the early stages, but they can help plan sponsors manage fees and help an adviser show he’s ahead of the curve.
Funded Status Deficit for Large DB Plans Grows
The funded status of the largest U.S. corporate defined benefit (DB) pension plans decreased in April, shows data from consulting and actuarial firm Milliman Inc.
What Can a Financial Wellness Program Accomplish?
Meredith Corp. is probably best known for its expansive media and entertainment enterprises, but one human resources (HR) staffer says it’s the company’s retirement plan that is truly...