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Paper Offers Best Practices for RK Search
Arnerich Massena has published “In Search of a Recordkeeper: Fiduciary Best Practices.”
Outlook Brightens for Mass-Affluent Consumers
The mass affluent are expressing less anxiety about retirement and health care costs than they did six months ago.
Workplace Retirement Plans Increasingly Important
Seventy percent of people surveyed in Europe and the United States believe workplace retirement plans are “somewhat” or “extremely” important.
ETF Education Website Developed
The Investment Company Institute (ICI) and exchange-traded fund (ETF) firms developed a website to answer questions investors have before they invest in ETFs.
Investors Need Boost in Retirement Savings
Most investors ages 21 to 50 remain focused on saving for retirement, according to an online survey conducted by Harris Interactive on behalf of T. Rowe Price.
ETF Use on the Rise in RIA Portfolios
Risk management remains top of mind as registered investment advisers (RIAs) pursue a strategic mix of products.
CPI Names Cavalier B/D Relationships Director
Bill Cavalier was promoted to director of broker/dealer relationships at CPI Qualified Plan Consultants Inc.
Forward Adds Health Care Investments Team
Forward Management LLC has formed the Asymmetry global health care team.
TDFs Praised by Different Participant Investors
AllianceBernstein has found that whether plan participants consider themselves “active” or “accidental” investors, they give target-date funds (TDFs) praise.
Invesco PowerShares Launches High-Dividend ETF
Invesco PowerShares Capital Management LLC announced the anticipated listing of the PowerShares S&P 500 High Dividend Portfolio on October 18 on the NYSE Arca.
Many Workers Passive During Enrollment
Only 56% of employees eligible to participate in the annual benefits enrollment period are confident about their decision-making, and many keep the same choices.
Northern Trust Appoints Managing Director
Darius A. Gill was promoted from investment officer to managing director of the foundation and institutional advisers group in Northern Trust’s central region.
New York Life Hires Seven Relationship Managers
New York Life Retirement Plan Services has expanded its industry practice service model, with the hiring of seven relationship managers.
BofA Advocates 401(k) Plans Designed for Action
Bank of America Merrill Lynch (BofA) makes the case for automatic enrollment, automatic escalation, company matches, education and advice,...
Informal Inquiry Protected Under ERISA
A court ruled that an informal inquiry by a plan participant about mismanagement of plan assets is protected activity under the Employee Retirement Income Security Act (ERISA).
Aon Hewitt Hires International Retirement Leader
Stuart Harris was named partner in Aon Hewitt’s International Retirement & Investment practice, and client lead for the Midwest region.
Financial Worry Greater for Boomer Women Than Men
Baby Boomer women are more uncomfortable, worried or concerned than Boomer men about their current and future financial situation, according to AARP.
Financial Benefits Play Important Role for Employees
Sixty percent of workers surveyed now consider the workplace a “very important source” for their personal insurance and savings products.
Pension Settlement Costs Lower for Second Month
The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, increased for the second month.