Search results for: SCO
Arnerich Massena Publishes Guide for ETPs
Arnerich Massena has published a white paper, “A Field Guide to Exchange-Traded Products.”
Scout Bond Fund to Compete With Money Funds
The Scout Low Duration Bond Fund aims to deliver more yield than a money market fund without the volatility...
Survey Suggests No Expected Uproar About Fee Disclosures
One in five defined contribution (DC) participants surveyed by LIMRA said they rarely or never read retirement plan disclosures.
Weighing the Pros and Cons of De-Risking Strategies
Now seems like a popular time for lump sums, but according to a white paper from Goldman Sachs Asset Management, there is no one-size-fits-all de-risking strategy.
$18M Judgment Ordered in Alliant Cash Balance Case
A federal judge has approved calculations for an award to former participants in Alliant Energy Corp.’s cash balance plan.
Gens X and Y Beat Boomers in Retirement Saving
Nearly 60% of Gen X (59%) and Gen Y (56%) are automatically saving for retirement, compared with 46% of...
Participants Deferring Less Than 10% at Risk in Retirement
Households that defer less than 10% of their salary for retirement savings are at risk for not meeting their retirement goals, Putnam Investments’ research found.
CPI Realigns Sales Teams
CPI Qualified Plan Consultants Inc. combined its six regions into three divisions: Northeastern, Central/Southeastern and Western.
Commonwealth Launches Trading Platform
Client360° Trading, a new platform for the firm’s Client360° suite of tools, was rolled out by Commonwealth Financial Network, a registered investment adviser.
Participants Hungry for Electronic Education, Advice
Retirement plan participants are demanding electronic education, debunking the myth that participants are not engaged in their savings.
Medical Centers’ Employees Sue Over Switch to DC
Employees at Truman Medical Centers (TMC) sued the hospital for changing their retirement plans.
Stepchildren Not ‘Children’ for Purposes of Death Benefit
A federal appellate court has determined a plan administrator was right in bypassing a deceased retirement plan participant’s stepchildren when distributing his account.
Engaging Gen Y in Retirement Saving
Honest and practical education, social media communications and proper incentives will result in increased retirement plan participation for Generation Y employees.
Mission Wealth Introduces Retirement Strategy Formula
Determining cash flow and examining fixed expenses are crucial in achieving retirement readiness, according to financial advisory firm’s “90/70/30” Rule.”
TD Ameritrade Enhances iRebal Rebalancing Software
Enhancements to TD Ameritrade Institutional’s rebalancing software allow advisers to submit trades from iRebal directly to Veo, saving time and reducing risk.
Bank of the West Expands Investment Advisory and Management Team
Drew Brahos and Bruce Wetter joined Bank of the West's Investment Advisory and Management team in the Wealth Management Group.
Russell Rolls Out Series of Target Duration LDI Funds
Russell Investments unveiled a series of six target-duration liability-driven investing (LDI) commingled trust funds.
DB Plans See Large Decline in Funded Status
Defined benefit (DB) plans experienced the worst decrease in funded status in the 12 years since Milliman Inc. began tracking it.
Vanguard Makes Advisory Changes to Three Funds
Vanguard announced new investment advisory arrangements for Vanguard Windsor Fund, Vanguard International Value Fund and Vanguard Global Equity Fund.
Pensions Have Record-Low Funding Level in July
The funded status of the typical U.S. corporate pension plan reached a record low in July.