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BofA Enhances Mobile Site for Participants
Bank of America Merrill Lynch enhanced its Benefits Online site for participants with a new education center, home page redesign and mobile upgrades.
Stock Market Perceptions Sabotage Savings
Research suggests investors’ perceptions of the stock market affect whether they are invested for optimal retirement savings.
Millennials Motivated But Not Educated
Millennials are motivated to save for retirement and would plan ahead if they knew more about their employer retirement benefit options, a study found.
Employers Oppose Changing Retirement Tax
Curtailing the current tax treatment of retirement savings plan contributions will reduce employers’ willingness to sponsor plans and workers’ ability to save, a survey suggests.
Legg Mason Extends MPI Tools to DCIO Platform
Retirement plan reporting and monitoring services from Markov Processes International (MPI) are now available to advisers on Legg Mason’s DCIO distribution platform.
Pension Funding Equation Is Not So Simple
On a basic level, defined benefit (DB) pension plan funded status is the ratio of assets to liabilities.
Designing an Effective Retirement Program
There is a long-term cost for employers for not helping employees prepare for retirement, said Matt Iverson, director of Boulevard R.
ING Maps Retirement Savings in America
Leveraging data from its peer comparison tool, ING U.S. developed the ING State of Savings interactive map.
Money Still Takes Back Seat to Family
Most Americans say they would be happier if they had more money, but few are willing to trade family time for bigger bucks.
Only 33% of Small Businesses Offer Retirement Plans
Although 75% of small-business owners view their employees as family, cost considerations prevent them from offering a retirement plan....
Site Helps Investors Improve Planning
Invesco Distributors Inc. unveiled a website that gives advisers a simple step-by-step approach to address the growing complexities of retirement planning with their clients.
Council Urges Legislative Action to Save DBs
The American Benefits Council has unveiled a six-point plan to address the ongoing, accelerated decline in defined benefit pension plans.
Technology Still Challenges Advisers
Advisers rank acquiring the right back-end resources and technology as a top business challenge, according to the 2012 Scottrade Advisor Services RIA Study.
Symmetry Partners Debuts Mobile App
A new iPad application gives financial advisers registered with Symmetry Partners LLC mobile access to sales and marketing tools.
Hedging Interest Rate Risk Essential for DBs
A report underscores the necessity and analyzes the techniques available for defined benefit plans to hedge interest rate risk.
Advisers Score Points With Tax Talk
High-net-worth investors are worried their portfolios will be negatively affected by tax code changes.
LPL Raises Broker Fees—Again
Broker/dealers in the LPL Financial LLC network will pay an extra $250 annually in fees for errors and omissions (E&O) insurance.
SEC Filed 147 Actions Against Advisers
The Securities and Exchange Commission filed 147 enforcement actions against investment advisers and investment companies, one more than the previous year’s record number.
Many Not Preparing Well for Retirement
A significant number of investors are lowering their expectations for their retirement lifestyle.
Guardian Expands Investment Offerings
The Guardian Insurance & Annuity Company expanded its investment option lineup for two qualified retirement plan platforms.