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Delta Air Lines Wins Stock Drop Suit Appeal
The 11th U.S. Circuit Court of Appeals used its own case history to dismiss a lawsuit brought by participants in a Delta Air Lines employee stock ownership plan...
Pension Outlook Weakened During April
The Towers Watson Pension Index dropped 1.2% for the month of April to reach a value of 74.3, showing a decrease in the funded status of U.S. corporate...
Spending Down But Gifts Still Varied for Mother’s Day
Last year, mom got tablets and smartphones, beauty supplies, apparel and jewelry. This year, consumers turn to more practical gifts, a survey says.
Mirae Provides Emerging Market Education
Mirae Asset Global Investments, an investment services provider specializing in emerging market equities, launched an enhanced website focusing on financial adviser support and education.
Manning & Napier Creates DCIO Distribution Team
Investment services provider Manning & Napier, Inc. has established a dedicated defined contribution investment only (DCIO) wholesaler team to help grow its presence in the expanding market segment.
How to Succeed with Millennial Clients
Members of Generation Y (also known as Millennials) are struggling to reach financial security, but that doesn’t mean financial services firms can afford to overlook them.
Questions Remain on Adviser Social Media Use
Recent guidance from the Securities and Exchange Commission (SEC) on social media use in adviser advertising is helpful, says one compliance services provider, but the update leaves questions...
An April Drop in Corporate DB Funding
Funding for corporate defined benefit (DB) plans decreased in April, says an analysis from the BNY Mellon Investment Strategy and Solutions Group (ISSG).
Guide Outlines Opportunity in DB Trends
A new defined benefit (DB) service provider guide, developed by The Principal Financial Group, explores best practices for advisory firms to engage and win new DB plan clients.
There Is an Exception to Attorney-Client Privilege
The common law of attorney-client privilege is intended to enable clients to speak with their attorneys in trusted confidence about work-related issues.
S&P 1500 DB Plan Funding Decreases Again
The estimated funded level of defined benefit (DB) plans sponsored by S&P 1500 companies fell another 1% in April to 84%, according to Mercer.
Corporate Pensions Took a Funding Hit in April
The aggregate funded ratio for U.S. corporate defined benefit (DB) pension plans decreased to 86% in April, according to Wilshire Consulting.
Invesco Launches Variable Rate Preferred Portfolio
Invesco PowerShares Capital Management has launched the PowerShares Variable Rate Preferred Portfolio (VRP).
USRP Acquires Common Remitter Business
U.S. Retirement Partners (USRP), through its U.S. Employee Benefits Services Group (USEBSG) division, has acquired the Common Remitter Services business of CPI Qualified Plan Consultants, Inc.
Work Will Be Ongoing Part of Boomers’ Lives
Work will be a part of Baby Boomers’ lives even into the retirement years, a survey finds.
Pension Annuitization Attractiveness Unchanged
The attractiveness of pension annuitization, as tracked by Dietrich & Associates’ Pension Risk Transfer Index, is relatively unchanged from March.
What Will the IRS Be Looking into Next?
In 2010, the Internal Revenue Service (IRS) launched a large compliance project, the 401(k) Questionnaire.
Mercer Appoints DC Market Leader
Consulting firm Mercer appointed Scott Jarboe as the next leader of retirement-related consulting services in the firm’s Baltimore and Washington, D.C., markets.
Another Quarter of 401(k) Balance Growth
New analysis from Fidelity Investments shows the average balance of its client’s 401(k) accounts reached $88,600 during the first quarter of 2014, boosted by automatic plan features and...
Investors Using Smart Beta in Many Ways
Investors in North America and Europe are making use of smart beta indexes in diverse ways, according to a survey from global asset manager Russell Investments.