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Hedging Appropriate as Dollar Strengthens
According to Mellon Capital Management, U.S.-based investors with international portfolios may want to consider the merits of hedging.
DOL Requests Form 5500 Clarification
Some employers that have filed a Form 5500 have received a “Request for Clarification” from the U.S. Department of Labor (DOL).
IRS Addresses Plan Errors, Updated Procedures
A phone forum held by the Internal Revenue Service (IRS) instructed attendees on how to deal with plan-related errors.
NFP Unit for Advisers Debuts Retirement Center
NFP Advisor Services Group unveiled the Retirement Center, which consolidates access to retirement resources and plan experts to support retirement plan advisers.
Improve Your Plan—Or Else?
A curious letter from a Yale professor that tells plan sponsors their fees are too high could be reason to benchmark and do plan studies.
Invesco Fund Now Approved as QDIA
The Invesco Equity and Income Fund has been approved as a qualified default investment alternative (QDIA).
Connecticut Advisory Joins Northstar Wealth Partners
Northstar Wealth Partners, a firm affiliated with LPL Financial, added the advisory team of Tyler W. Potts and J Addison McAraw.
ESPPs Another Way to Help Workers Save for Retirement
Employee stock purchase plans (ESPPs) can complement workplace savings plans and provide a way for employees to diversify their retirement investment efforts.
Council Requests Guidance on DOMA Changes
The American Benefits Council has requested guidance about how the ruling on the Defense of Marriage Act (DOMA) will affect health and retirement plans.
Wall Street’s Moral Compass Still Wavering
All’s not well on Wall Street. A survey of financial services professionals turned up widespread misconduct, acceptance of illegal activities and disregard of client interests.
Simplicity of TDFs Has Eroded
A shift in focus for target-date funds (TDFs) has created more work for plan sponsors.
SEC Schedules Compliance Seminars for Advisers
The Securities and Exchange Commission (SEC) released the schedule for its upcoming Compliance Outreach Program regional seminars.
Heffernan Hires Retirement and Investment Adviser
Peter Sorensen joined the San Francisco office of Heffernan Financial Services as a retirement and investment adviser.
BB&T Names Business Development Officer
Peggy Scott was hired as a business development officer at BB&T Retirement and Institutional Services.
Funded Status of Corporate Pensions Improves
The funded status of corporate pensions improved in June by $47 billion.
Pension Annuitization Attractiveness on the Rise
The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, increased during June.
SSgA Launches New ETF, Updates Others
Asset management firm State Street Global Advisors (SSgA) announced the availability of the SPDR Russell 2000 ETF (ticker symbol, TWOK).
Hartford Investment Management Announces Hires
Hartford Investment Management Company (HIMCO) hired two institutional sales representatives and a consultant relations head.
Flee Fixed Income? Or Embrace It?
A white paper from RidgeWorth Investments scouts a number of fixed-income strategies to counter rising interest rates.
Risky Behavior: Behavioral Finance Can Reduce Risk
The three common risks of retirement—longevity, inflation and the risks of the marketplace—need to make room for a fourth one, according to Alison Salka, corporate vice president of...